Clearing Agency. None of the Issuer, the Note Registrar or the Indenture Trustee shall be liable for any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Notes of a Class, the Indenture Trustee shall recognize the Holders of the Definitive Notes as Noteholders hereunder.
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Samples: Honda Auto Receivables 2014-2 Owner Trust, American Honda Receivables Corp, Honda Auto Receivables 2001-3 Owner Trust
Clearing Agency. None of the Issuer, the Note Registrar or the Indenture Trustee shall be liable for any delay in delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Notes of a ClassNotes, the Indenture Trustee shall recognize the Holders of the Definitive Notes as Noteholders hereunderNoteholders.
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