2024-1 Exchange Noteholder definition
Examples of 2024-1 Exchange Noteholder in a sentence
By acceptance of the 2024-1 Exchange Note, the 2024-1 Exchange Noteholder agrees to comply with the transfer restrictions set forth in Section 4.4 of the Credit and Security Agreement.
In addition, the Borrower hereby Grants to the Collateral Agent on behalf of the 2024-1 Secured Parties a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to the Collateral Agent on behalf of the 2024-1 Exchange Noteholder a security interest in the Collateral Assets included in the 2024-1 Designated Pool.
All amounts payable to the 2024-1 Exchange Noteholder pursuant to this Section 5.2 will be deposited by the Indenture Trustee into the Indenture Collections Account.
All amounts payable to the 2024-1 Exchange Noteholder pursuant to this Section 5.1 will be deposited by the Indenture Trustee into the Indenture Collections Account, and the Borrower will apply all amounts remitted to it by the Certificateholder as Excess Exchange Note Payments as Collections on the Lending Facility Pool in the manner and in the priority set forth in Section 10.2 of the Credit and Security Agreement.
The 2024-1 Exchange Noteholder, by its acceptance of this 2024-1 Exchange Note, will be deemed to agree to treat this 2024-1 Exchange Note for U.S. federal, State and local income, single business and franchise tax purposes as indebtedness of the Borrower.