Common use of TRANSFER AGENT TO RECEIVE REQUESTS FOR TRANSFERS OF CURRENT ISSUER NOTES Clause in Contracts

TRANSFER AGENT TO RECEIVE REQUESTS FOR TRANSFERS OF CURRENT ISSUER NOTES. The Transfer Agent shall receive requests for the transfer of Current Issuer Notes in accordance with the Current Issuer Conditions and the Regulations and assist, if required, in the issue of new Note Certificates to give effect to such transfers and, in particular, upon any such request being duly made, shall promptly notify the Registrar of: (a) the aggregate principal amount of the Current Issuer Notes to be transferred; (b) the name(s) and addressees to be entered on the Register of the holder(s) of the new Note Certificate(s) to be issued in order to give effect to such transfer; and (c) the place and manner of delivery of the new Note Certificate(s) to be delivered in respect of such transfer, and shall forward the Note Certificate(s) relating to the Current Issuer Note(s) to be transferred (with the relevant form(s) of transfer duly completed) to the Registrar with such notification. The Transfer Agent shall maintain in safe custody all Note Certificates delivered to and held by it hereunder and shall ensure that Current Issuer Notes are transferred only in accordance with the Current Issuer Conditions, the Regulations, this Agreement and the Current Issuer Trust Deed.

Appears in 12 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-1 PLC)

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