Termination of Authority. On and after resignation by, or termination of the appointment of, the Administrator under this Agreement pursuant to this Clause 19, all authority and power of the Administrator under this Agreement shall be terminated and be of no further effect and the Administrator shall not thereafter hold itself out in any way as the agent of the Mortgages Trustee and/or the Beneficiaries pursuant to this Agreement.
Appears in 14 contracts
Samples: Administration Agreement (Granite Mortgages 02-2 PLC), Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 03-1 PLC)
