Common use of Class C Notes Clause in Contracts

Class C Notes. In respect of the Class C Notes, the Master Issuer Trust Deed provides that, subject to CONDITION 11.2: (i) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders of one class only of the Class C Notes shall be deemed to have been duly passed if passed at a meeting of that class of the Holders of that class of the Class C Notes; (ii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders of any two or more classes of the Class C Notes but does not give rise to a conflict of interest between the Holders of any such two or more Classes of Class C Notes, shall be deemed to have been duly passed if passed at a single meeting of the Holders of such two or more Classes of Class C Notes; and (iii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders of any two or more classes of the Class C Notes and gives or may give rise to a conflict of interest between the Holders of any such two or more Classes of Class C Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the Holders of such two or more Classes of Class C Notes, it shall be passed at separate meetings of the Holders of each of such two or more Classes of Class C Notes.

Class C Notes. In respect of the Class C Notes, the Master Issuer Trust Deed provides that, subject to CONDITION 11.2:sub-paragraph (vi): (ia) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders of one class only holders of the Class C Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of that class of the Holders of that class holders of the Class C NotesNotes of that Series; (iib) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders holders of the Class C Notes of any two or more classes of the Class C Notes Series but does not give rise to a conflict of interest between the Holders holders of any such two or more Classes Series of Class C Notes, shall be deemed to have been duly passed if passed at a single meeting of the Holders holders of such two or more Classes series of Class C Notes; and (iiic) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders holders of the Class C Notes of any two or more classes of the Class C Notes Series and gives or may give rise to a conflict of interest between the Holders holders of any such two or more Classes Series of Class C Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the Holders holders of such two or more Classes Series of Class C Notes, it shall be passed at separate meetings of the Holders of each holders of such two or more Classes Series of Class C Notes.

Class C Notes. In respect of the Class C Notes, the Master Issuer Trust Deed provides that, subject to CONDITION 11.2:Condition 11(A)(6): W-71 (i) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders of one class only holders of the Class C Notes of one Series only shall be deemed to have been duly passed if passed at a meeting of that class of the Holders of that class holders of the Class C NotesNotes of that Series; (ii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders holders of the Class C Notes of any two or more classes of the Class C Notes Series but does not give rise to a conflict of interest between the Holders holders of any such two or more Classes Series of Class C Notes, shall be deemed to have been duly passed if passed at a single meeting of the Holders holders of such two or more Classes series of Class C Notes; and (iii) a resolution which, in the sole opinion of the Note Trustee, affects the interests of the Holders holders of the Class C Notes of any two or more classes of the Class C Notes Series and gives or may give rise to a conflict of interest between the Holders holders of any such two or more Classes Series of Class C Notes, shall be deemed to have been duly passed only if, in lieu of being passed at a single meeting of the Holders holders of such two or more Classes Series of Class C Notes, it shall be passed at separate meetings of the Holders of each holders of such two or more Classes Series of Class C Notes.