Initial Note Purchaser definition
Examples of Initial Note Purchaser in a sentence
Initial Note Purchaser is purchasing the Notes for its own account.
Initial Note Purchaser shall have received evidence satisfactory to it (in the form of a copy of the relevant sections of the opinion referred to in Section 3.02(a)(i)) that Buyer's Cost of each ------------------ Transponder is equal to the fair market value of each Transponder as of the Delivery Date.
Initial Note Purchaser shall designate a Remarketing Date on five Business Days' notice to Lessees and Owner Trustee.
Upon such resignation or removal, a new Collateral Agent may be appointed by a Majority in Interest or the Initial Note Purchaser.
Owner ----------------------------------------------- Participant, Owner Trustee, the Initial Note Purchaser and Indenture Trustee shall have received an opinion, dated the Delivery Date, in form and substance reasonably satisfactory to them, from ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, FCC counsel for each of the Lessees and Guarantor.
The Initial Note Purchaser shall have received copies of (i) the Certificate of Incorporation and By-Laws of RCFC, DTAG and DTG Operations, (ii) board of directors resolutions of RCFC, DTAG and DTG Operations with respect to the transactions contemplated by the Series Documents, and (iii) incumbency certificate of RCFC, DTAG and DTG Operations, each certified by appropriate corporate authorities.
After the Remarketing Date, Initial Note Purchaser and Lessees, acting on behalf of Owner Trustee, shall designate a mutually acceptable Repricing Date and Reset Rate, which rate, in their respective best judgments, will be sufficient to allow Initial Note Purchaser to resell the Notes at 100% of the principal amount thereof in a transaction in accordance with Rule 144A.
On the Repricing Date Lessees shall deliver the Offering Memorandum to Initial Note Purchaser, Owner Participant, Owner Trustee and Indenture Trustee.
Each Lessee, ------------------------------------------------ Owner Participant, Owner Trustee, the Initial Note Purchaser and Indenture Trustee shall have received an opinion or opinions, dated the Delivery Date, in form and substance reasonably satisfactory to them, from ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, special counsel for Owner Participant, and from other counsel or special counsel for Owner Participant.
Upon such Remarketing Date, Lessees shall provide the Preliminary Offering Memorandum to the Initial Note Purchaser.