Common use of Judgment Against the Issuer Clause in Contracts

Judgment Against the Issuer. In the case of any judicial or other proceedings to obtain judgment for the principal of or interest on the Notes, judgment may be rendered against the Issuer in favour of the Holders or in favour of the Trustee, as trustee for the Holders, for any amount which may remain due in respect of the Notes.

Judgment Against the Issuer. In the case of any judicial or other proceedings to obtain judgment for the principal of or interest on the Trust Notes, judgment may be rendered against the Issuer in favour of the Holders or in favour of the Trustee, as trustee for the Holders, for any amount which may remain due in respect of the Trust Notes.