Common use of Holder to be Treated Clause in Contracts

Holder to be Treated. as Owner Except as otherwise required by law, each Agent shall treat the holder of a Bond or Coupon as its absolute owner as provided in the Conditions and shall not be liable for doing so.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Holder to be Treated. as Owner owner Except as otherwise required by law, each Paying Agent shall will treat the holder of a Bond or Coupon as its absolute owner for all purposes as provided in the Conditions and shall will not be liable for doing so.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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