Exhibit 10.4.2
EXECUTION VERSION
START-UP LOAN TRANCHE SUPPLEMENT
This Start-Up Loan Tranche Supplement is made between Northern Rock plc (the
"Issuer Start-Up Loan Provider"), Granite Master Issuer plc ("Master Issuer")
and the Bank of New York (the "Issuer Security Trustee") in relation to the
provision of a Start-Up Loan Tranche by the Issuer Start-Up Loan Provider to the
Master Issuer on the following terms:
o Closing Date - 19 September, 2006
o Principal amount - (pound)80,700,000
o Interest rate - LIBOR for three month sterling
deposits plus 0.9 per cent. per
annum
o Payment Dates - Each Monthly Payment Date or, if
such date is not a London Business
Day, then the next following London
Business Day
This Start-Up Loan Tranche Supplement is supplemental to the Start-Up Loan
Agreement dated 19 January, 2005, as the same may be amended from time to time,
between the parties hereto (the "Start-Up Loan Agreement"). Capitalised terms
used and not otherwise defined herein shall have the meanings assigned to them
in the Start-Up Loan Agreement.
This Start-Up Loan Tranche Supplement is made on 19 September, 2006.
as Master Issuer
EXECUTED for and on behalf of )
GRANITE MASTER ISSUER PLC )
acting by a director )
/s/ Xxx Xxxxxx
-------------------------
Name: Xxx Xxxxxx
Representing L.D.C. Securitisation Director No 1 Limited
as Issuer Start-Up Loan Provider
EXECUTED for and on behalf of )
NORTHERN ROCK PLC )
by )
/s/ CJ
-------------------------
Name: XXXXXXXXXXX XXXX
1
as Issuer Security Trustee
EXECUTED for and on behalf of )
THE BANK OF NEW YORK )
by )
/s/ H Xxx
-------------------------
Name:
2
