Liabilities of Certificateholders Sample Clauses

Liabilities of Certificateholders. Neither the existence of the Trust nor any provision in this Agreement is intended to or shall limit the liability the Certificateholders would otherwise incur if the Certificateholders owned Trust Property as co-owners, or incurred any obligations of the Trust, directly rather than through the Trust.
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Liabilities of Certificateholders. 55 Section 12.03. Certificates Nonassessable and Fully Paid...................55 Section 12.04.[Intentionally omitted]........................................55 Section 12.05. Notices.....................................................55 Section 12.06. Governing Law...............................................57 Section 12.07.
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Liabilities of Certificateholders. 40 Section 12.03. Certificates Nonassessable and Fully Paid...............................................41 Section 12.04. Registration of Equipment Notes in Name of Subordination Agent..........................41 Section 12.05. Notices.................................................................................41 Section 12.06. Governing Law...........................................................................42 Section 12.07.
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Liabilities of Certificateholders. 63 Section 12.03. Registration of Equipment Notes in Name of Subordination Agent . . . . . . . . . . . . . . . . . 63 Section 12.04. Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 Section 12.05. Governing Law . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Section 12.06.
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Liabilities of Certificateholders. The Certificateholders of each series shall not be personally liable for obligations of the related Trust, the Fractional Undivided Interests represented by the Certificates of such series shall be nonassessable for any losses or expenses of such Trust or for any reason whatsoever, and the Certificates of such series upon authentication thereof by the Trustee pursuant to Section 3.02 are and shall be deemed fully paid. No Certificateholder of such series shall have any right (except as expressly provided herein) to vote or in any manner otherwise control the operation and management of the related Trust Property, the related Trust, or the obligations of the parties hereto, nor shall anything set forth herein, or contained in the terms of the Certificates of such series, be construed so as to constitute the Certificateholders of such series from time to time as partners or members of an association. Trust Supplement No. 2015-1C (Spirit 2015-1 EETC) Exhibit 4.2 Trust Supplement No. 2015-1C (Spirit 2015-1 EETC) Exhibit 4.2 SCHEDULE I to TRUST SUPPLEMENT NO. 2015-1C SERIES C EQUIPMENT NOTES, PRINCIPAL AMOUNTS, MATURITIES AND AIRCRAFT Initial Principal Amount of Series C Equipment Notes Maturity Aircraft Manufacturer Serial Number $5,965,000.00 April 1, 2023 N644NK 7156 5,275,000.00 April 1, 2023 N645NK 7008 5,366,000.00 April 1, 2023 N646NK 7062 6,995,000.00 April 1, 2023 N660NK 6804 7,168,000.00 April 1, 2023 N661NK 6867 7,467,000.00 April 1, 2023 N662NK 6897 7,596,000.00 April 1, 2023 N663NK 6994 8,261,000.00 April 1, 2023 N664NK 7021 7,822,000.00 April 1, 2023 N665NK 7045 8,159,000.00 April 1, 2023 N667NK 7058 8,427,000.00 April 1, 2023 N668NK 7135 8,764,000.00 April 1, 2023 N669NK 7296 8,831,000.00 April 1, 2023 N670NK 7106 9,221,000.00 April 1, 2023 N671NK 7246 9,918,000.00 April 1, 2023 N672NK 7522 Trust Supplement No. 2015-1C (Spirit 2015-1 EETC) Exhibit 4.2 SCHEDULE II to TRUST SUPPLEMENT NO. 2015-1C NOTE DOCUMENTS Participation Agreement Indenture Manufacturer’s Consent (as defined in any applicable Indenture) For each of the aircraft listed in Schedule I.
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Liabilities of Certificateholders. 40 Section 12.03. Certificates Nonassessable and Fully Paid . 41 Section 12.04. Registration of Equipment Notes in Name of Subordination Agent . . . . . . . . . . . 41 Section 12.05. Notices . . . . . . . . . . . . . . . . . . 41 Section 12.06. Governing Law . . . . . . . . . . . . . . . 42 Section 12.07. Severability of Provisions . . . . . . . . . 42 Section 12.08. Trust Indenture Act Controls . . . . . . . . 42 Section 12.09. Effect of Headings and Table of Contents . . 43 Section 12.10. Successors and Assigns . . . . . . . . . . . 43 Section 12.11.
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Liabilities of Certificateholders. No --------------------------------- Certificateholder shall have any personal liability, including to the other Certificateholders, for any debt, contract liability or other obligation of the Trust or for any losses of the Trust and all Persons who shall have any claim or claims by reason of the transactions contemplated by this Agreement or the other Basic Agreements shall look only to the Trust Estate for payment or satisfaction thereof.
Sample 1
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Liabilities of Certificateholders. 58 Section 12.03. Registration of Equipment Notes in Name of Subordination Agent . . . . . . . . . . . . . . . . . 58 Section 12.04. Notices . . . . . . . . . . . . . . . . . . . . . . . . 58 Section 12.05.
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Related to Liabilities of Certificateholders

  • Acts of Certificateholders (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by the Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Certificateholders in person or by agent duly appointed in writing, and such action shall become effective when such instrument or instruments are delivered to the Trustee and the Servicer. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “act” of the Certificateholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee and the Trust, if made in the manner provided in this Section 11.11.

  • Actions of Certificateholders (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Certificateholders in person or by agent duly appointed in writing; and except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Certificate Administrator and, when required, to the Depositor, the Master Servicer or the Special Servicer. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee, the Certificate Administrator, the Depositor, the Special Servicer and the Master Servicer, if made in the manner provided in this Section.

  • Liability of Certificateholders The Certificateholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the general corporation law of the State of Delaware.

  • Rights of Certificateholders Section 11.1 Limitation on Rights of Holders.............................. Section 11.2 Access to List of Holders.................................... Section 11.3 Acts of Holders of Certificates..............................

  • List of Certificateholders Upon written request of three or more Certificateholders of record, for purposes of communicating with other Certificateholders with respect to their rights under this Agreement, the Trustee will afford such Certificateholders access during business hours to the most recent list of Certificateholders held by the Trustee.

  • Purchase Rights of Certificateholders (a) By acceptance of its Applicable Certificate, each Applicable Certificateholder agrees that at any time after the occurrence and during the continuation of a Certificate Buyout Event:

  • Liability of the Certificateholders No Certificateholder shall have any personal liability for any liability or obligation of the Trust, solely by reason of it being a Certificateholder.

  • Limitation on Rights of Certificateholders (a) The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of any of the parties hereto.

  • Access to List of Certificateholders The Certificate Registrar will furnish or cause to be furnished to the Trustee, within 15 days after the receipt of a request by the Trustee in writing, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Certificateholders as of the most recent Record Date for payment of distributions to Certificateholders. If three or more Certificateholders apply in writing to the Trustee, and such application states that the applicants desire to communicate with other Certificateholders with respect to their rights under this Agreement or under the Certificates and is accompanied by a copy of the communication which such applicants propose to transmit, then the Trustee shall, within five Business Days after the receipt of such application, afford such applicants access during normal business hours to the most recent list of Certificateholders held by the Trustee. If such a list is as of a date more than 90 days prior to the date of receipt of such applicants' request, the Trustee shall promptly request from the Certificate Registrar a current list as provided above, and shall afford such applicants access to such list promptly upon receipt. Every Certificateholder, by receiving and holding such list, agrees with the Certificate Registrar and the Trustee that neither the Certificate Registrar nor the Trustee shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Certificateholders hereunder, regardless of the source from which such information was derived.

  • Amendments Without Consent of Certificateholders or Noteholders This Agreement may be amended by the Depositor and the Owner Trustee without the consent of any of the Noteholders or any other Persons who may be Certificateholders (but with prior notice to each of the Rating Agencies from the Depositor), to (i) cure any ambiguity, (ii) correct or supplement any provision in this Agreement that may be defective or inconsistent with any other provision in this Agreement or any other Basic Document, (iii) add or supplement any credit enhancement for the benefit of the Noteholders or Certificateholders (provided that if any such addition shall affect any class of Noteholders or Certificateholders differently from any other class of Noteholders or Certificateholders, then such addition shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any class of the Noteholders or Certificateholders), (iv) add to the covenants, restrictions or obligations of the Depositor or the Owner Trustee, (v) evidence and provide for the acceptance of the appointment of a successor trustee with respect to the Owner Trust Estate and add to or change any provisions as shall be necessary to facilitate the administration of the trusts hereunder by more than one trustee pursuant to Article VI, and (vi) add, change or eliminate any other provision of this Agreement in any manner that shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of the Noteholders or Unaffiliated Certificateholders.

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