ELIGIBILITY AND DISQUALIFICATION. This Deed shall always have a Note Trustee which shall be eligible to act as Note Trustee under Trust Indenture Act Sections 310(a)(1) and 310(a)(2). The Note Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. If the
Appears in 3 contracts
Sources: Issuer Trust Deed (Granite Mortgages 04-2 PLC), Issuer Trust Deed (Granite Finance Trustees LTD), Issuer Trust Deed (Granite Mortgages 04-3 PLC)