Status, Priority and Security. (A) Status The Class A Notes, the Class B Notes, the Class M Notes and the Class C Notes are direct, secured and unconditional obligations of the Current Issuer and are all secured by the same security. Payments on each class of Notes will be made equally amongst all Notes of that class.
Appears in 3 contracts
Samples: Granite Mortgages 04-1 PLC, Granite Mortgages 03-3 PLC, Granite Mortgages 04-1 PLC
Status, Priority and Security. (A) Status The Class A Notes, the Class B Notes, the Class M Notes and the Class C Notes are direct, secured and unconditional obligations of the Current Issuer and are all secured by the same security. Payments on each class of Notes will be made equally amongst all Notes of that class.
Appears in 1 contract
Samples: Granite Mortgages 03-1 PLC
Status, Priority and Security. (A) Status The Class A Notes, the Class B Notes, the Series 2 Class M Notes and the Class C Notes are direct, secured and unconditional obligations of the Current Issuer and are all secured by the same security. Payments on each class of Notes will be made equally amongst all Notes of that class.
Appears in 1 contract
Samples: Granite Mortgages 03-2 PLC
