RECOGNITION OF NOTEHOLDER AS ABSOLUTE OWNER. 8.1 The Company will recognise each Noteholder as the absolute owner of his Loan Notes and will not be bound to take notice of, or to see to the execution of, any trust whether express, implied or constructive to which any Loan Note may be subject. The receipt of such Noteholder (or as regards interest, the receipt of the person registered as holder of a Loan Note on the relevant date) (or in either case in the case of joint holdings of any one of such holders), for the interest on or for the money payable upon the redemption or payment of the same shall be 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 person (other than the Noteholder) to or in such Loan Note, interest or money.
Appears in 5 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
