Examples of Other Secured Party in a sentence
Any rate, method and date so specified shall be binding on the Issuer, the Noteholders, the Couponholders and any Other Secured Party.
Unless ordered to do so by a court of competent jurisdiction, the Trustee shall not be required to disclose to any Noteholder, Other Secured Party or Couponholder, any confidential financial or other information made available to the Trustee by the Issuer and no such persons shall be entitled to take any action to obtain any such information from the Trustee.
The Trustee shall not (subject to the provisions of clauses 5.9 (Trustee taking Possession of Charged Property), 6.5 (Division of Transaction Security) and 18 (Enforcement) of this Principal Trust Deed and Condition 4 (Transaction Security)) be obliged to act on any directions of any Other Secured Party, the Issuing and Paying Agent or the Custodian if this would in the Trustee’s opinion be contrary to the interests of the Noteholders.
As between itself and the Noteholders, the Couponholders, or any Other Secured Party, the Trustee may determine all questions and doubts arising in relation to any of the provisions of this Principal Trust Deed and any relevant Supplemental Trust Deed.
Such determinations, whether made upon such a question actually raised or implied in the acts or proceedings of the Trustee, shall be conclusive and shall bind the Trustee, the Noteholders, the Couponholders or any Other Secured Party.
The Trustee shall have no responsibility to the Issuer, any Noteholder or Other Secured Party as regards any deficiency which might arise because the Trustee or Custodian is subject to any tax in respect of any of the Charged Property, income therefrom or the proceeds thereof.
The claim (or the potential claim) of each Other Secured Party shall be the amount as certified by it of the termination payment (as determined in accordance with the terms of the relevant Secured Agreement or other relevant document) which the Other Secured Party, may be entitled to receive thereunder.
The Trustee shall not be obliged to consider the interests of the holders of any other Tranche of Notes.So long as any of the Notes of any Tranche remains outstanding, the Trustee shall, as regards all powers, trusts, authorities, duties and discretions vested in it by this Trust Deed except where expressly provided otherwise, have no regard to the interest of any Other Secured Party and no Other Secured Party shall have any claim against the Trustee for so doing.
Any Termination Notice is not effective as to the Securities Intermediary unless it is signed by both Secured Party and Other Secured Party.
The Securities Intermediary will promptly send copies of all statements, confirmations and will use best efforts for other correspondence concerning the Securities Account and/or any financial assets credited thereto simultaneously to each of the Debtor, the Secured Party and the Other Secured Party at the address for each set forth in Section 12 of this Agreement.