Substituted Issuer has the meaning specified in Section 15.01(a).

Substituted Issuer has the meaning given to it in clause 21.3 (Substitution) of the Note Trust Deed;

Substituted Issuer has the meaning specified in Section 14.01(a).

Examples of Substituted Issuer in a sentence

The Substituted Issuer and the Issuer shall acknowledge in the Issuer Substitution Documents the right of every noteholder to the production of the Issuer Substitution Documents for the enforcement of any of the Notes or the Issuer Substitution Documents.
For the avoidance of doubt, the Existing Guarantor shall continue to unconditionally and irrevocably guarantee in favor of each Holder the payment of all sums payable by the Substituted Issuer in accordance with the terms of Article 11 of the Indenture.
No past, present or future director, officer, employee, incorporator, or shareholder of the Substituted Issuer or the Guarantors, as such, shall have any liability for any obligations of the Substituted Issuer or the Guarantors under the Notes, the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.
All agreements of the Substituted Issuer and the Guarantors in the Indenture, the Notes and the Guarantees shall bind their successors.
Upon the execution of the Issuer Substitution Documents and the satisfaction of the conditions referred to in Section 11.01 above, the Substituted Issuer shall be deemed to be named in the Notes as the principal debtor in place of the Issuer (or of any previous substitute under these provisions) and the Notes shall thereupon be deemed to be amended to give effect to the substitution.

More Definitions of Substituted Issuer

Substituted Issuer has the meaning set forth in Section 10.01.

Substituted Issuer means a single purpose company incorporated in any jurisdiction that meets the SPV Criteria which is substituted for the Issuer in accordance with the provisions of the Bond Trust Deed.

Substituted Issuer means a corporation which:

Substituted Issuer has the meaning assigned to such term in Section 9.03.

Substituted Issuer has the meaning set forth in the Note Trust Deed;

Substituted Issuer has the meaning set out in Clause 14;

Substituted Issuer has the meaning set forth in the Arran Funding Note Trust Deed;