Common use of NOTES HELD BY THE COMPANY OR ITS AFFILIATES Clause in Contracts

NOTES HELD BY THE COMPANY OR ITS AFFILIATES. Without limiting the generality of Section 2.17 and Section 3.07, in determining whether the Holders of the required aggregate principal amount of Notes have concurred in any direction, waiver, consent or other action under this Indenture, Notes (if any) owned by the Company or any of its Affiliates will be deemed not to be outstanding; provided, however, that, for purposes of determining whether the Trustee or the Collateral Agent is protected in relying on any such direction, waiver, consent or other action, only Notes that a Responsible Officer of the Trustee or the Collateral Agent, as applicable, actually knows are so owned will be so disregarded. Section 2.16.

Appears in 2 contracts

Samples: Luminar Technologies, Inc./De, Luminar Technologies, Inc./De

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NOTES HELD BY THE COMPANY OR ITS AFFILIATES. Without limiting the generality of Section 2.17 and Section 3.072.18, in determining whether the Holders of the required aggregate principal amount of Notes have concurred in any direction, waiver, consent waiver or other action under this Indentureconsent, Notes (if any) owned by the Company or any of its Affiliates (including, for the avoidance of doubt, Accredited Investor Notes beneficially owned by any of the Company’s Affiliates) will be deemed not to be outstanding; provided, however, that, for purposes of determining whether the Trustee or the Collateral Agent is protected in relying on any such direction, waiver, consent waiver or other actionconsent, only Notes that a Responsible Officer of the Trustee or the Collateral Agent, as applicable, actually knows are so owned will be so disregarded. Section 2.16.

Appears in 2 contracts

Samples: Indenture (Nogin, Inc.), Indenture (Nogin, Inc.)

NOTES HELD BY THE COMPANY OR ITS AFFILIATES. Without limiting the generality of Section 2.17 and Section 3.072.18, in determining whether the Holders of the required aggregate principal amount of Notes have concurred in any direction, waiver, consent or other action under this Indenture, Notes (if any) owned by the Company or any of its Affiliates will be deemed not to be outstanding; provided, however, that, for purposes of determining whether the Trustee or the Collateral Agent is protected in relying on any such direction, waiver, consent or other actionaction under this Indenture, only Notes that a Responsible Officer of the Trustee or the Collateral Agent, as applicable, actually knows are so owned will be so disregarded. Section 2.16.

Appears in 2 contracts

Samples: Indenture (Seven Oaks Acquisition Corp.), Indenture (MultiPlan Corp)

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NOTES HELD BY THE COMPANY OR ITS AFFILIATES. Without limiting the generality of Section 2.17 and Section 3.072.18, in determining whether the Holders of the required aggregate principal amount of Notes have concurred in any direction, waiver, consent waiver or other action under this Indentureconsent, Notes (if any) owned by the Company or any of its Affiliates (including, for the avoidance of doubt, Affiliate Notes owned by any of the Company’s Affiliates) will be deemed not to be outstanding; provided, however, that, for purposes of determining whether the Trustee or the Collateral Agent is protected in relying on any such direction, waiver, consent waiver or other actionconsent, only Notes that a Responsible Officer of the Trustee or the Collateral Agent, as applicable, actually knows are so owned will be so disregarded. Section 2.16.

Appears in 1 contract

Samples: Indenture (Software Acquisition Group Inc. III)

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