HY Noteholders Trustee definition

HY Noteholders Trustee means the “HY Noteholders Trustee” as defined in each Existing Intercreditor Agreement.
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HY Noteholders Trustee means, with respect to any Series of HY Notes Obligations, any person that is, from time to time, acting as trustee under any HY Notes Indenture relating to such Series of HY Notes Obligations, and which is a Party, or becomes a Party in accordance with Clause 22.3 (Accession of Parties), until such time as it ceases to be a Party in accordance with Clause 22.4 (HY Noteholders Trustee and Representatives).
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Examples of HY Noteholders Trustee in a sentence

  • The Applicable First Lien Representative may rely conclusively, and shall be fully protected in so relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to any Grantor, any Secured Party, [any HY Noteholders Trustee] or any other person as a result of such determination.

  • Furthermore, prior to taking any action under this Agreement, a HY Noteholders Trustee may reasonably request and rely upon an opinion of counsel or opinion of another qualified expert, at the Company's expense.

  • None of the Applicable First Lien Representative or any Collateral Agent shall have individual liability to any Person if it shall mistakenly pay over or distribute to any Secured Party ([or any HY Noteholders Trustee] or any Loan Party) any amounts in violation of the terms of this Agreement, so long as the Applicable First Lien Representative or any Collateral Agent, as the case may be, is acting in good faith.

  • This Clause 25 is intended to afford protection to each HY Noteholders Trustee and no provision of this Clause 25 shall alter or change the rights and obligations as between the other Parties in respect of each other.

  • It is also acknowledged that the relevant HY Noteholders Trustee shall have no responsibility for the actions of any individual HY Noteholder.

  • Each HY Noteholders Trustee may rely without enquiry on any notice, consent or certificate of the Applicable Representative or Additional Secured Applicable Representative as to the matters certified therein.

  • In acting pursuant to this Agreement and the HY Notes Documents, each HY Noteholders Trustee is not required to have any regard to the interests of the Senior Creditors (or any of them).

  • Infant (0-1 year old) and under-five mortality (0-5) have both shown extraordinary improvements: the former went from 122.2 to 40.8 deaths per 1,000 live births and the latter from 205 to 58.2 between 1975 and 20083.

  • No HY Noteholders Trustee shall have any obligation to take any action under this Agreement unless it is indemnified or secured to its satisfaction (whether by way of payment in advance or otherwise) by the HY Noteholders it represents and/or the Parent or the applicable HY Notes Issuers in accordance with the terms of the applicable HY Notes Documents.

  • Grimsditch, Mark and Laura Schoenberger (2015) Ne w Actions and Existing Policies: The Implementation and Impacts of Order 01.

Related to HY Noteholders Trustee

  • Note A-4 Trustee means the trustee under the Note A-4 PSA.

  • NIM Trustee The trustee for the NIM Securities.

  • Noteholders means the holders of the Notes.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Senior Noteholders means the Note A Holders, individually or collectively, as the context may require.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Note A-3 Trustee means the trustee under the Note A-3 PSA.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Debenture Trustee means The Bank of New York, a New York banking corporation, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • Lead Securitization Noteholder means the holder of the Lead Securitization Note.

  • Class E Noteholders means the holders of any Class E Notes from time to time.

  • Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.

  • Requisite Noteholders Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

  • Senior Noteholder means the holder of a Senior Note.

  • Majority Noteholders means the Holders of the Notes representing a majority of the principal balance of the most senior Class of Notes then outstanding.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.