Stabilization Profits and Losses. As between the Master Issuer and the Stabilizing Underwriter any loss resulting from stabilization transactions entered into by the Stabilizing Underwriter pursuant to Clause 2.1 shall be borne, and any profit arising therefrom shall be retained, by the Stabilizing Underwriter for its own account.
Appears in 5 contracts
Samples: Underwriting Agreement (Granite Finance Trustees LTD), Underwriting Agreement (Granite Finance Funding 2 LTD), Underwriting Agreement (Granite Finance Trustees LTD)
