Examples of Senior Note Holders in a sentence
Each Note B Holder acknowledges that the Senior Note Holders do not owe the Note B Holder any fiduciary duty with respect to any action taken under the Mortgage Loan Documents and, except as provided herein, need not consult with the Note B Holder with respect to any action taken by a Senior Note Holder in connection with the Mortgage Loan.
Each Note B Holder acknowledges that it has, independently and without reliance upon the Senior Note Holders, except with respect to the representations and warranties provided by the Senior Note Holders herein, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to purchase its respective B Note and such Note B Holder accepts responsibility therefor.
Each of the Loan Parties is a party to certain Collateral Documents pursuant to which the Loan Parties have granted Liens on certain Collateral to the Collateral Agent, for the benefit of Lenders and the Senior Note Holders.
Payments made by WMI pursuant to this Section 21.1(b) shall be treated as payments made on account of the WMB Senior Notes held by Accepting Non-Filing WMB Senior Note Holders, and shall reduce the principal amount of such notes (and thus the maximum recovery permitted against the Receivership).
The Restructuring Support Agreement remains in full force and effect in accordance with its terms and shall not have been terminated as to the Debtors or the Consenting Senior Note Holders.