Common use of ENTITLEMENT TO TREAT NOTEHOLDER AS ABSOLUTE OWNER Clause in Contracts

ENTITLEMENT TO TREAT NOTEHOLDER AS ABSOLUTE OWNER. The First Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar may (to the fullest extent permitted by applicable laws) deem and treat the registered holder of any First Issuer Note or of a particular principal amount of the First Issuer Notes as the absolute owner of such First Issuer Note or principal amount, as the case may be, for all purposes (whether or not such First Issuer Note or principal amount shall be overdue and notwithstanding any notice of ownership thereof or of trust or other interest with regard thereto, any notice of loss or theft thereof or any writing thereon), and the First Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar shall not be affected by any notice to the contrary. All payments made to any such registered holder of a Definitive First Issuer Note or Global First Issuer Note shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the monies payable in respect of such First Issuer Note or principal amount, as the case may be.

Appears in 2 contracts

Samples: First Issuer Trust (Permanent Mortgages Trustee LTD), First Issuer Trust (Permanent Mortgages Trustee LTD)

AutoNDA by SimpleDocs

ENTITLEMENT TO TREAT NOTEHOLDER AS ABSOLUTE OWNER. The First Eighth Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar may (to the fullest extent permitted by applicable laws) deem and treat the registered holder of any First Eighth Issuer Note or of a particular principal amount of the First Eighth Issuer Notes as the absolute owner of such First Eighth Issuer Note or principal amount, as the case may be, for all purposes (whether or not such First Eighth Issuer Note or principal amount shall be overdue and notwithstanding any notice of ownership thereof or of trust or other interest with regard thereto, any notice of loss or theft thereof or any writing thereon), and the First Eighth Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar shall not be affected by any notice to the contrary. All payments made to any such registered holder of a Definitive First Eighth Issuer Note or Global First Eighth Issuer Note shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the monies payable in respect of such First Eighth Issuer Note or principal amount, as the case may be.

Appears in 1 contract

Samples: Eighth Issuer Trust (Holmes Financing No 8 PLC)

ENTITLEMENT TO TREAT NOTEHOLDER AS ABSOLUTE OWNER. The First Ninth Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar may (to the fullest extent permitted by applicable laws) deem and treat the registered holder of any First Ninth Issuer Note or of a particular principal amount of the First Ninth Issuer Notes as the absolute owner of such First Ninth Issuer Note or principal amount, as the case may be, for all purposes (whether or not such First Ninth Issuer Note or principal amount shall be overdue and notwithstanding any notice of ownership thereof or of trust or other interest with regard thereto, any notice of loss or theft thereof or any writing thereon), and the First Ninth Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar shall not be affected by any notice to the contrary. All payments made to any such registered holder of a Definitive First Ninth Issuer Note or Global First Ninth Issuer Note shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the monies payable in respect of such First Ninth Issuer Note or principal amount, as the case may be.

Appears in 1 contract

Samples: HOLMES FINANCING (No. 9) PLC

AutoNDA by SimpleDocs

ENTITLEMENT TO TREAT NOTEHOLDER AS ABSOLUTE OWNER. The First Second Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar may (to the fullest extent permitted by applicable laws) deem and treat the registered holder of any First Second Issuer Note or of a particular principal amount of the First Second Issuer Notes as the absolute owner of such First Second Issuer Note or principal amount, as the case may be, for all purposes (whether or not such First Second Issuer Note or principal amount shall be overdue and notwithstanding any notice of ownership thereof or of trust or other interest with regard thereto, any notice of loss or theft thereof or any writing thereon), and the First Second Issuer, the Note Trustee, the Paying Agents, the Transfer Agent and the Registrar shall not be affected by any notice to the contrary. All payments made to any such registered holder of a Definitive First Second Issuer Note or Global First Second Issuer Note shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the monies payable in respect of such First Second Issuer Note or principal amount, as the case may be.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Time is Money Join Law Insider Premium to draft better contracts faster.