Common use of No Notice of Trusts Clause in Contracts

No Notice of Trusts. Neither the Issuer nor the Trustee nor any Registrar nor any Paying Agent shall be bound to take notice of or see to the performance or observance of any duty owed to a third Person (whether under a trust, express, implied, resulting or constructive, in respect of any Note or otherwise) by the owner or the registered holder of a Note or any Person whom the Issuer or the Trustee treats, as permitted or required by law, as the owner or the registered holder of such Note, and the Issuer, the Trustee and any Registrar may transfer such Note on the direction of the Person so treated or registered as the holder thereof, whether named as trustee or otherwise, as though that Person was the beneficial owner of such Note.

No Notice of Trusts. Neither None of the Issuer nor Issuer, the Trustee nor Trustee, any Registrar nor or any Paying Agent shall be bound to take notice of or see to the performance or observance of any duty owed to a third Person party (whether under a trust, trust (express, implied, resulting or constructive, ) in respect of any Note or otherwise) by the beneficial owner or the registered holder Holder of a Note or any Person whom the Issuer or the Trustee treats, as permitted or required by lawlaw or hereunder, as the beneficial owner or the registered holder Holder of such Note, and the Issuer, the Trustee and or any Registrar may transfer such Note on the direction of the Person so treated or registered as the holder Holder thereof, whether named as trustee or otherwise, as though that Person was the beneficial absolute owner of such Note.

No Notice of Trusts. Neither the Issuer Corporation nor the Trustee nor any other Registrar nor any Paying Agent shall be bound to take notice of or see to the performance or observance of any duty owed to a third Person (whether under a trust, express, implied, resulting or constructive, in respect of any Note or otherwise) by the beneficial owner or the registered holder Holder of a Note or any Person whom the Issuer Corporation or the Trustee treats, as permitted or required by law, as the beneficial owner or the registered holder Holder of such Note, and the IssuerCorporation, the Trustee and or any other Registrar may transfer such any Note on the direction of the Person so treated or registered as the holder Holder thereof, whether named as trustee or otherwise, as though that Person was the beneficial owner of such Note.