Termination by Trustee. The Trust Manager on the Trustee's behalf may, subject to clause 14.4, terminate this Agreement immediately, by notice in writing to the Mortgage Manager if: (a) the Mortgage Manager breaches any of its obligations under this Agreement, and does not remedy that breach within 10 Banking Days of a notice from the Trustee or the Trust Manager requiring the same to be remedied; or (b) any representation or warranty made by the Mortgage Manager in this Agreement is or proves to be untrue in any material respect as determined by the Trust Manager; or (c) an Event of Insolvency occurs in relation to the Mortgage Manager.
Appears in 4 contracts
Sources: Mortgage Origination & Management Agreement (Me Portfolio Management LTD), Mortgage Origination & Management Agreement (Me Portfolio Management LTD), Mortgage Origination & Management Agreement (Me Portfolio Management LTD)