Common use of RECOGNITION OF NOTEHOLDER AS ABSOLUTE OWNER Clause in Contracts

RECOGNITION OF NOTEHOLDER AS ABSOLUTE OWNER. 2.1 Except as required by law, the Company will recognise the registered holder of any Convertible Loan Notes as the absolute owner thereof and shall not (except as ordered by a court of competent jurisdiction) be bound to take notice or see to the execution of any trust, whether express, implied or constructive or otherwise, to which any Convertible Loan Notes may be subject and the Company may accept the receipt of the registered holder for the time being of any Convertible Loan Notes, or in the case of joint registered holders the receipt of any of them, for the principal moneys payable in respect thereof or for the interest from time to time accruing due in respect thereof or for any other moneys payable in respect thereof as a good discharge to the Company, notwithstanding any notice it may have whether express or otherwise of the right, title, interest or claim of any other person to or in such Convertible Loan Notes, interest or moneys.

Appears in 6 contracts

Samples: LumiraDx LTD, LumiraDx LTD, LumiraDx LTD

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RECOGNITION OF NOTEHOLDER AS ABSOLUTE OWNER. 2.1 Except as required by law, the Company will recognise the registered holder of any Convertible Loan Notes as the absolute owner thereof and shall not (except as ordered by a court of competent jurisdiction) be bound to take notice or see to the execution of any trust, whether express, implied or constructive or otherwiseconstructive, to which any Convertible Loan Notes may be subject and the Company may accept the receipt of the registered holder for the time being of any Convertible Loan Notes, or in the case of joint registered holders the receipt of any of them, for the principal moneys monies payable in respect thereof or for the interest from time to time accruing due in respect thereof or for any other moneys payable in respect thereof as a good discharge to the Company, Company notwithstanding any notice it may have whether express or otherwise of the right, title, interest or claim of any other person to or in such Convertible Loan Notes, interest or moneys.

Appears in 1 contract

Samples: Notice of Repayment (Urs Corp /New/)

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