Common use of Validity of Notes Clause in Contracts

Validity of Notes. The creation, sale and issue of the Notes have been duly authorised by the Current Issuer and, when executed and authenticated in accordance with the Current Issuer Trust Deed and the Current Issuer Paying Agent and Agent Bank Agreement, the Notes will constitute valid and legally binding obligations of the Current Issuer and, upon effectiveness of the Registration Statement, the Current Issuer Trust Deed will have been duly qualified under the Trust Indenture Act;

Appears in 12 contracts

Samples: Underwriting Agreement (Granite Mortgages 04-2 PLC), Agreement (Granite Mortgages 03-2 PLC), Agreement (Granite Mortgages 03-3 PLC)

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Validity of Notes. The creation, sale and issue of the Notes have been duly authorised authorized by the Current Master Issuer and, when executed and authenticated in accordance with the Current Supplemental Issuer Trust Deed and the Current Issuer Paying Agent and Agent Bank Agreement, the Notes will constitute legal, valid and legally binding obligations of the Current Master Issuer and, upon effectiveness of the Registration Statement, the Current Supplemental Issuer Trust Deed will have been duly qualified under the Trust Indenture Act;.

Appears in 5 contracts

Samples: Underwriting Agreement (Granite Finance Funding 2 LTD), Underwriting Agreement (Granite Finance Trustees LTD), Underwriting Agreement (Granite Finance Trustees LTD)

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Validity of Notes. The creation, sale and issue of the Notes have been duly authorised by the Current Issuer and, when executed and authenticated in accordance with the Current Issuer Trust Deed and the Current Issuer Paying Agent and Agent Bank AgreementDeed, the Notes will constitute valid and legally binding obligations of the Current Issuer and, upon effectiveness of the Registration Statement, the Current Issuer Trust Deed will have been duly qualified under the Trust Indenture Act;

Appears in 1 contract

Samples: Underwriting Agreement (Granite Mortgages 02-2 PLC)

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