Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as to
Appears in 5 contracts
Sources: Mortgages Trust Deed (Granite Mortgages 03-3 PLC), Mortgages Trust Deed (Granite Mortgages 03-1 PLC), Mortgages Trust Deed (Granite Mortgages 04-1 PLC)
Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding (as toto the Funding Share) and for the Seller (as to the Seller Share) as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed (such that each Beneficiary shall have an undivided beneficial interest in the Trust Property). As used herein, "TRUST
Appears in 2 contracts
Sources: Mortgages Trust Deed (Granite Mortgages 03-3 PLC), Mortgages Trust Deed (Granite Mortgages 02-1 PLC)
Trust Property. Subject to this Clause 3 (Conditions Precedent), the Mortgages Trustee shall hold the Trust Property as to both capital and income on trust absolutely for Funding, Funding 2 and for the Seller as tenants in common upon, with and subject to all the trusts, powers and provisions of this Deed (as tosuch that each Beneficiary shall have an undivided beneficial interest in the Trust Property). As used herein, "
Appears in 1 contract
Sources: Mortgages Trust Deed (Granite Finance Trustees LTD)