Common use of Class D Notes Clause in Contracts

Class D Notes. In respect of the Class D Notes subject to sub-paragraph (vi): (a) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of the holders of the Class D Notes of that Series; (b) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series but does not give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed if passed at a single meeting of the holders of such two or more series of Class D Notes; and (c) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series and gives or may give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the holders of such two or more Series of Class D Notes, it shall be passed at separate meetings of the holders of such two or more Series of Class D Notes.

Class D Notes. In respect of the Class D Notes Notes, the Issuer Trust Deed provides that, subject to sub-paragraph (viCondition 11(A)(6): (ai) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of the holders of the Class D Notes of that Series; (bii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series but does not give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed if passed at a single meeting of the holders of such two or more series of Class D Notes; and (ciii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders of the Class D Notes of any two or more Series and gives or may give rise to a conflict of interest between the holders of such two or more Series of Class D Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the holders of such two or more Series of Class D Notes, it shall be passed at separate meetings of the holders of such two or more Series of Class D Notes.

Class D Notes. In respect of the Class D Notes Notes, the Master Issuer Trust Deed provides that, subject to sub-paragraph (vi):CONDITION 11.2: (ai) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of one class only of the Class D Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of the holders Holders of that class of the Class D Notes of that SeriesNotes; (bii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of any two or more classes of the Class D Notes of any two or more Series but does not give rise to a conflict of interest between the holders Holders of any such two or more Series Classes of Class D Notes, shall be deemed to have been duly passed if passed at a single meeting of the holders Holders of such two or more series Classes of Class D Notes; and (ciii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of any two or more classes of the Class D Notes of any two or more Series and gives or may give rise to a conflict of interest between the holders Holders of any such two or more Series Classes of Class D Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the holders Holders of such two or more Series Classes of Class D Notes, it shall be passed at separate meetings of the holders Holders of each of such two or more Series Classes of Class D Notes.. The quorum for any meeting of the Holders of any Series and Class of Notes or of any Class of Notes of more than one Series convened to consider a resolution (except for the purpose of passing an Extraordinary Resolution or a Programme Resolution) will be one or more persons holding or representing not less than one-twentieth of the aggregate Principal Amount Outstanding of such Series and Class of Notes or such Class of Notes of more than one Series or, at any adjourned meeting, one or more persons being or representing Noteholders of such Series and Class of Notes or such Class of Notes of more than one Series, whatever the aggregate Principal Amount Outstanding

Class D Notes. In respect of the Class D Notes Notes, the Master Issuer Trust Deed provides that, subject to sub-paragraph (vi):CONDITION 11.2: (ai) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of one class only of the Class D Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of the holders Holders of that class of the Class D Notes of that SeriesNotes; (bii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of any two or more classes of the Class D Notes of any two or more Series but does not give rise to a conflict of interest between the holders Holders of any such two or more Series Classes of Class D Notes, shall be deemed to have been duly passed if passed at a single meeting of the holders Holders of such two or more series Classes of Class D Notes; and (ciii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the holders Holders of any two or more classes of the Class D Notes of any two or more Series and gives or may give rise to a conflict of interest between the holders Holders of any such two or more Series Classes of Class D Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the holders Holders of such two or more Series Classes of Class D Notes, it shall be passed at separate meetings of the holders Holders of each of such two or more Series Classes of Class D Notes.