Common use of No Notice of Trusts Clause in Contracts

No Notice of Trusts. Neither the Issuer nor the Debenture Trustees nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any Debenture, and the Issuer, the Debenture Trustees or any Registrar may transfer such Debenture on the direction of the Person registered as the Holder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such Debenture.

No Notice of Trusts. Neither the Issuer nor the Debenture Trustees nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any DebentureNote, and the Issuer, the Debenture Trustees or any Registrar may transfer such Debenture Note on the direction of the Person registered as the Holder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such DebentureNote.

No Notice of Trusts. Neither the Issuer nor the Debenture Trustees Trustee nor any Registrar registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any Debenture, and the Issuer, the Debenture Trustees or any Registrar may transfer such Debenture the same on the direction of the Person registered as the Holder Debentureholder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such Debenturebeneficial owner thereof.

No Notice of Trusts. Neither the Issuer nor the Debenture Trustees Trustee nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any DebentureNote, and the Issuer, the Debenture Trustees or any Registrar may transfer such Debenture the same on the direction of the Person registered as the Holder thereof, whether named as trustee Trustee or otherwise, as though that Person were the Beneficial Holder of such Debenturebeneficial owner thereof.