Holder of Note definition
Examples of Holder of Note in a sentence
All payments to or upon the order of the Holder of Note shall be valid and effective to discharge the liability of ▇▇▇▇▇▇ ▇▇▇ in respect of such Note.
Notwithstanding any other provision of this Indenture or any Note, where this Indenture or any Note provides for notice of any event (including any notice of redemption or purchase) to a Holder of Note in global form (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depositary pursuant to applicable procedures of the Depositary, including by electronic mail.
The foregoing provisions of this Section 19(a) shall not limit the right of a Note B Holder or any Affiliate thereof to be the Special Servicer or to exercise its rights as Controlling Holder under this Agreement or any comparable rights as Holder of Note B-1, Note B-2 or Note B-3, as applicable, under the Servicing Agreement.
The Non-Controlling Note Holder Representative with respect to each Non-Controlling Note, as of the date of this Agreement and until the Lead Securitization Note Holder (and the Master Servicer and the Special Servicer) is notified otherwise, shall be the Initial Note Holder of Note A-2.
Each Holder of Note Guarantees by such Holder’s acceptance thereof authorizes and directs the Trustee on such Holder’s behalf to execute such document and to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article Seventeen and appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes.
If the Notes are only partially prepaid pursuant to this Section 3.2, the Notes will be prepaid pro rata or by lot or by any other method utilized by the Trustee; provided, that if at the time of prepayment the Notes are registered as a Global Note, the Depositary shall determine, in accordance with its procedures, the principal amount of such Notes held by each Holder of Note to be prepaid.
If the Notes are only partially redeemed pursuant to this Section 3.2, the Notes will be redeemed pro rata or by lot or by any other method utilized by the Trustee; provided, that if at the time of redemption the Notes are registered as a Global Note, the Depositary shall determine, in accordance with its procedures, the principal amount of such Notes held by each Holder of Note to be redeemed.
Nothing herein contained shall be deemed to authorize the Trustees to authorize or consent to or accept or adopt on behalf of any Holder of Note any plan of reorganization, arrangement or adjustment affecting the Notes or the rights of any Holder of Note thereof, or to authorize the Trustees to vote in respect of the claim of any Holder of Note in any such proceeding.
Nothing herein contained shall be deemed to authorize the Trustee or the holders of Senior Debt or their representative to authorize or consent to or accept or adopt on behalf of any Holder of Notes any plan of reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder thereof, or to authorize the Trustee or the holders of Senior Debt or their representative to vote in respect of the claim of any Holder of Note in any such proceeding.
Upon the entering into of an amendment of these Terms and Conditions pursuant to the terms hereof, these Terms and Conditions shall be modified in accordance therewith, and amendment shall form a part of these Terms and Conditions for all purposes; and every Holder of Note theretofore or thereafter delivered hereunder shall be bound thereby.