Common use of Noteholders Clause in Contracts

Noteholders. (a) If (in the Security Trustee's sole opinion) there is or may be a conflict of interest between the Class A Noteholders and any other Fifth Issuer Secured Creditor, then, save as provided herein and subject to Condition 11 of the Fifth Issuer Notes, the Security Trustee will have regard to the interests of the Class A Noteholders only;

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

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Noteholders. (a) If (in the Security Trustee's sole opinion) there is or may be a conflict of interest between the Class A Noteholders and any other Fifth Second Issuer Secured Creditor, then, save as provided herein and subject to Condition 11 of the Fifth Second Issuer Notes, the Security Trustee will have regard to the interests of the Class A Noteholders only;

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Noteholders. (a) If (in the Security Trustee's sole opinion) there is or may be a conflict of interest between the Class A Noteholders and any other Fifth Fourth Issuer Secured Creditor, then, save as provided herein and subject to Condition 11 of the Fifth Fourth Issuer Notes, the Security Trustee will have regard to the interests of the Class A Noteholders only;

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Noteholders. (a) If (in the Security Trustee's sole opinion) there is or may be a conflict of interest between the Class A Noteholders and any other Fifth Seventh Issuer Secured Creditor, then, save as provided herein and subject to Condition 11 of the Fifth Seventh Issuer Notes, the Security Trustee will have regard to the interests of the Class A Noteholders only;

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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Noteholders. (a) If (in the Security Trustee's sole opinion) there is or may be a conflict of interest between the Class A Noteholders and any other Fifth Sixth Issuer Secured Creditor, then, save as provided herein and subject to Condition 11 of the Fifth Sixth Issuer Notes, the Security Trustee will have regard to the interests of the Class A Noteholders only;

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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