Note Counsel definition
Examples of Note Counsel in a sentence
The Indenture Trustee may consult with experts and with counsel (who may but need not be counsel for the Issuer, the Indenture Trustee, or for a Registered Owner or who may be Note Counsel), and the opinion of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered, and in respect of any determination made by it hereunder in good faith and in accordance with the opinion of such counsel.
Any advances made after , 202 shall be made only with an opinion of Note Counsel and subject to subsections (i) through (iv) set forth herein.
Before acting or refraining from acting in the administration hereof, the Trustee may consult with experts and with counsel (who may but need not be counsel for the Corporation, the Trustee, or for a Registered Owner or who may be Note Counsel), and the opinion of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered, and in respect of any determination made by it hereunder in good faith and in accordance with the opinion of such counsel.
The Borrower shall also be responsible to pay fees and expenses of Note Counsel to the extent any issues arise regarding the Series 2015 Note subsequent to the issuance thereof, including, without limitation, fees of Note Counsel related to any Requisitions.
So long as the Series 2015 Note and the portion(s) of the Loan allocable thereto remain outstanding hereunder, the Borrower will not allow any change in the nature of the business conducted by it without the prior written consent of the Noteholder and an Opinion of Note Counsel with respect to such change.