DEATH OR BANKRUPTCY OF NOTEHOLDERS Sample Clauses

DEATH OR BANKRUPTCY OF NOTEHOLDERS. 6.1 The executors or administrators of a deceased Noteholder (not being one of several joint holders) shall be the only persons recognised by the Company as having any title to or interest in such Convertible Loan Note.
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DEATH OR BANKRUPTCY OF NOTEHOLDERS. 9.1 The executors or administrators of a deceased registered holder of Notes (not being one of several joint holders) and, in the case of the death of one or more of several joint registered holders, the survivor or survivors of such joint registered holders, shall be the only person or persons recognised by the Company as having any title to such Notes.

Related to DEATH OR BANKRUPTCY OF NOTEHOLDERS

  • Action by Certificateholders with Respect to Bankruptcy The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.

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