Common use of On trust Clause in Contracts

On trust. The Note Trustee will hold the benefit of the covenants contained in this Clause 2 (Covenant to Repay, etc) on trust for the Noteholders and itself in accordance with these presents.

Appears in 20 contracts

Sources: Issuer Trust Deed (Granite Mortgages 04-1 PLC), Second Amended Issuer Trust Deed (Granite Finance Trustees LTD), Issuer Trust Deed (Granite Finance Trustees LTD)