Common use of Persons Deemed Holders Clause in Contracts

Persons Deemed Holders. The Corporation, the Trustee, each Authenticating Agent, each Paying Agent, each Note Registrar, each Depositary and any other agent of the Corporation may, except in the case of Notes Deemed Tendered, treat the Person in whose name any Registered Note is registered as the owner of such Note for the purpose of receiving payment of principal of (and premium, if any), interest on and any Carry-Over Amounts (and accrued interest thereon) with respect to such Note and for all other purposes whatsoever, whether or not such Note be overdue, and neither the Corporation, the Trustee, any Authenticating Agent, any Paying Agent, any Note Registrar, any Depositary nor any other agent of the Corporation shall be affected by notice to the contrary.

Appears in 5 contracts

Samples: Please Insert Social Security (Education Loans Inc /De), Participation Agreement (Education Loans Inc /De), Please Insert Social Security (Education Loans Inc /De)

AutoNDA by SimpleDocs

Persons Deemed Holders. The Corporation, the Trustee, ---------------------- each Authenticating Agent, each Paying Agent, each Note Registrar, each Depositary and any other agent of the Corporation may, except in the case of Notes Deemed Tendered, treat the Person in whose name any Registered Note is registered as the owner of such Note for the purpose of receiving payment of principal of (and premium, if any), interest on and any Carry-Over Amounts (and accrued interest thereon) with respect to such Note and for all other purposes whatsoever, whether or not such Note be overdue, and neither the Corporation, the Trustee, any Authenticating Agent, any Paying Agent, any Note Registrar, any Depositary nor any other agent of the Corporation shall be affected by notice to the contrary.

Appears in 1 contract

Samples: Education Loans Inc /De

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.