Interests of Secured Creditors. Where the Bond Trustee is required to have regard to the interests of any Secured Creditor (which requirement shall only apply at any time during which no Covered Bonds are outstanding), the Bond Trustee may consult with such Secured Creditor and may rely on the written opinion of such Secured Creditor as to whether any act, matter or thing is or is not materially prejudicial to the interests of such Secured Creditor.
Interests of Secured Creditors. At any time no Covered Bonds are outstanding, where the Bond Trustee is required to have regard to the interests of any Secured Creditor (other than the Holders of the Covered Bonds), the Bond Trustee may consult with such Secured Creditors and may rely on the written opinion of such Secured Creditors as to whether any act, matter or thing is or is not materially prejudicial to the interests of such Secured Creditors.
Interests of Secured Creditors. Where the Security Trustee is required to have regard to the interests of any Secured Creditor (other than the Noteholders), the Security Trustee may consult with such Secured Creditor and may rely on the written confirmation of such Secured Creditor as to whether any act, matter or thing is or is not in the interests of, or materially prejudicial to the interests of, such Secured Creditor.
