ALBA 2007 â 1 plc - Irish Stock Exchange

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Distribution by Region Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) West Midlands 56,666,057.23 8.42 468 9.90 Yorkshire 34,160,856.77 5.07 311 6.58 Total: 673,152,386.53 100.00 4,727 100.00 14. Bankruptcy Status Bankruptcy Status Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) No 673,152,386.53 100.00 4,727 100.00 Total: 673,152,386.53 100.00 4,727 100.00 15. Distribution by Seasoning as of Cut-Off Date (months) Distribution by Seasoning as of Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Cut-Off Date (months) 1.01 - 2.00 192,542.67 0.03 1 0.02 2.01 - 3.00 66,733,772.84 9.91 474 10.03 3.01 - 4.00 169,830,510.38 25.23 1,179 24.94 4.01 - 5.00 83,641,622.47 12.43 591 12.50 5.01 - 6.00 167,491,775.33 24.88 1,180 24.96 6.01 >= 185,262,162.84 27.52 1,302 27.54 Total: 673,152,386.53 100.00 4,727 100.00 Weighted Average: 4.89 16. Distribution by Remaining Term To Maturity as of Cut-Off Date (months) Distribution by Remaining Term To Maturity as of Cut-Off Date Current Balance (£) Current Balance (% Number of Loans Number of Loans (%) (months) of Total) = 61,193,104.85 9.09 480 10.15 Total: 673,152,386.53 100.00 4,727 100.00 Weighted Average: 263.41
17. Distribution by Arrears Multiple Distribution by Arrears Multiple Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) = 278,528.29 0.04 3 0.06 Total: 673,152,386.53 100.00 4,727 100.00 Weighted Average: 0.03 Arrears multiple is defined as the amount of interst and principal in arrears, including fees, divided by the current contractual monthly subscription amount. 18. Distribution by Repayment Type Distribution by Repayment Type Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Interest Only 503,471,730.39 74.79 3,297 69.75 Part & Part 14,896,059.71 2.21 112 2.37 Repayment 154,784,596.43 22.99 1,318 27.88 Total: 673,152,386.53 100.00 4,727 100.00 19. Distribution by Current Margin of Floating Rate Loans (%) Distribution by Current Margin Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) of Floating Rate Loans (%) = 8,945,262.12 8.19 55 7.62 Total: 109,219,956.42 100.00 722 100.00 Weighted Average: 0.73% 20. Distribution by Stabilised Margin (%) Distribution by Current Balance Current Balance Number of Loans Number of Loans Stabilised (£) (% of Total) (%) Margin (%)
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ALBA 2007 - 1 plc (Incorporated in
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As a condition to the issue of the
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PLC (in its capacity as account ban
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In connection with the issue and di
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SUMMARY INFORMATION This summary mu
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(a) (b) (c) the Completion Mortgage
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A2 Notes will rank in priority to t
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Noteholders and (iii) limiting the
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Principal Amount Outstanding togeth
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applicable, subject to the payment
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Agreement, the Cash Management, Mas
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Loans to the extent they accrue a f
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RISK FACTORS The following is a sum
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described in the previous sentence
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the Mortgage Rate for each of which
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Payments. The actual lives of the M
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status, repayment ability, debt-to
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There are concentrations of Propert
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and the right of the relevant Borro
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contracts) has to be issued or appr
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No assurance can be given that chan
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introduce alternative penalties for
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unforeseen taxable profits in the I
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company which is a party to an arra
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CREDIT STRUCTURE General The follow
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thereon) other than, following any
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Available Redemption Funds On any P
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(c) the Liquidity Facility is not r
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(d) (e) (f) the aggregate balance o
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(d) fourth, to the C Principal Defi
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In the event that the long-term, un
Page 63 and 64: the calculation period applicable t
Page 65 and 66: Assets except to the extent of any
Page 67 and 68: (B) (C) the special servicing fee d
Page 69 and 70: (xii) (xiii) (xiv) (xv) (xvi) (xvii
Page 71 and 72: (vii) (viii) (ix) seventh, pari pas
Page 73 and 74: credit of the Reserve Ledger to the
Page 75 and 76: elated rights and powers, and other
Page 77 and 78: CAPITALISATION STATEMENT The follow
Page 79 and 80: THE SERVICER Homeloan Management Li
Page 81 and 82: THE ACCOUNT BANK AND THE GIC PROVID
Page 83 and 84: THE INTEREST RATE SWAP COUNTERPARTY
Page 85 and 86: THIRD PARTY INFORMATION The informa
Page 87 and 88: insurance or endowment policy or ot
Page 89 and 90: Approximately 49.74 per cent. by lo
Page 91 and 92: • Investment properties (resident
Page 93 and 94: • Reference from current landlord
Page 95 and 96: • Properties under 10 years old w
Page 97 and 98: (a) (b) CCJs/Defaults will only be
Page 99 and 100: CHARACTERISTICS OF THE PRELIMINARY
Page 101 and 102: Distribution by Current Loan to Val
Page 103 and 104: Distribution by Property Type Curre
Page 105 and 106: 19. Distribution by Current Margin
Page 107 and 108: Distribution by Discount over Rever
Page 109 and 110: Distribution of Early Redemption Ch
Page 111 and 112: Distribution by Original Loan to Cu
Page 113: 9. Shared Ownership Status Shared O
Page 117 and 118: 24. Distribution by Interest Rate f
Page 119 and 120: Section C: Non-Conforming Mortgage
Page 121 and 122: Distribution by Total Number of Cou
Page 123 and 124: Distribution by Region Current Bala
Page 125 and 126: 20. Distribution by Stabilised Marg
Page 127 and 128: 27. Distribution of Early Redemptio
Page 129 and 130: companies and the Seller (or GMAC-R
Page 131 and 132: 1. Lending Criteria Subject to GMAC
Page 133 and 134: SERVICING AND SPECIAL SERVICING OF
Page 135 and 136: The Servicer is, under the Servicin
Page 137 and 138: (m) (n) (o) (p) (q) (r) (s) (t) (u)
Page 139 and 140: (k) (l) (m) (n) the total balance o
Page 141 and 142: (o) (p) (q) the balance of the Port
Page 143 and 144: Any credit agreement intended to be
Page 145 and 146: Arrears must be dealt with sympathe
Page 147 and 148: (p) (q) (r) (s) interest on the Not
Page 149 and 150: Weighted Average Life of D Notes in
Page 151 and 152: SUMMARY OF PROVISIONS RELATING TO T
Page 153 and 154: TERMS AND CONDITIONS OF THE NOTES T
Page 155 and 156: In accordance with this Condition 2
Page 157 and 158: (g) (h) (i) (j) (k) (l) (m) (n) (o)
Page 159 and 160: (A) (B) (C) (D) (E) other than in r
Page 161 and 162: (xxi) (xxii) twenty-first, to pay a
Page 163 and 164: E = the aggregate Principal Amount
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Contract and the Corporate Services
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(a) (b) amounts (other than in resp
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The Trustee shall not be responsibl
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(e) the Rate of Interest for any In
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(i) (ii) in the event that the aggr
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amount of any Note Principal Paymen
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All of the B Noteholders and/or the
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Condition 8: Taxation All payments
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of such Noteholders of the relevant
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authorisation of any breach or prop
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No rights are conferred on any thir
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TERMS AND CONDITIONS OF THE MERCs T
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(i) (ii) (iii) a first fixed charge
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provided by the Cross Currency Swap
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to do so by the holders of at least
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Sunday on which banks are open for
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such MERCs, the alteration of the m
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tax) which would not be suffered we
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TERMS AND CONDITIONS OF THE SUBORDI
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Subordinated Notes scheduled to the
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and/or the Issuer Security Deed tog
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(vii) (viii) (ix) (x) (xi) (xii) (x
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Agreements, the Paying Agents, the
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(xii) (xiii) twelfth, to pay pari p
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In giving any consent to the forego
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LIBOR in effect for the Interest Pe
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(a) Final Redemption of the Subordi
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close of business on the sixth Busi
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indemnified and/or secured to its s
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Trustee will not be responsible for
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(b) Notwithstanding the other provi
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TERMS AND CONDITIONS OF THE R CERTI
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As security for the payment of all
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(B) (C) (D) amounts due and payable
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Mortgage Loans at the end of the pr
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(vii) seventh, to pay pro rata and
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(b) Restrictions on Activities (i)
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(c) Determination and Calculation b
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adjourned meeting, two or more pers
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If Definitive R Certificates are is
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UNITED KINGDOM TAXATION The followi
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EU DIRECTIVE ON THE TAXATION OF SAV
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or other person to which it sells t
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GENERAL INFORMATION 1. The issue of
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GLOSSARY £ .......................
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Cap Provider and Liquidity Facility
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E Principal Deficiency.............
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Interest Only Mortgage Loan........
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Noteholders .......................
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Receiptholders ....................
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Subordinated Noteholders ..........
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ALBA 2007 â 1 plc - Irish Stock Exchange