Common use of Noteholders Clause in Contracts

Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.

Noteholders. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.