Common use of OBLIGATIONS UNDER NOTES Clause in Contracts

OBLIGATIONS UNDER NOTES. (a) The obligations of the Issuer under the Notes are constituted by, and specified in, this agreement and in the Conditions. (b) Each Note is a separate debt of the Issuer. (c) The entitlement of any person to a Note is determined by registration as a Note Holder of that Note. (d) The making of, or giving effect to, a manifest error in an inscription in the Register will not avoid the creation or transfer of a Note.

Appears in 17 contracts

Samples: Facility Agreement (Me Portfolio Management LTD), Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD)

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OBLIGATIONS UNDER NOTES. (a) The obligations of the Issuer under the Notes are constituted by, and specified in, this agreement and in the Conditions. (b) Each Note is a separate debt of the Issuer.. Payment Funding Facility (c) The entitlement of any person to a Note is determined by registration as a Note Holder of that Note. (d) The making of, or giving effect to, a manifest error in an inscription in the Register will not avoid the creation or transfer of a Note.

Appears in 1 contract

Samples: Payment Funding Facility Agreement (Me Portfolio Management LTD)

OBLIGATIONS UNDER NOTES. (a) The obligations of the Issuer under the Notes are constituted by, and specified in, this agreement and in the Conditions. (b) Each Note is a separate debt of the Issuer.. -------------------------------------------------------------------------------- page 8 (c) The entitlement of any person to a Note is determined by registration as a Note Holder of that Note. (d) The making of, or giving effect to, a manifest error in an inscription in the Register will not avoid the creation or transfer of a Note.

Appears in 1 contract

Samples: Payment Funding Facility Agreement (Me Portfolio Management LTD)

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OBLIGATIONS UNDER NOTES. (a) The obligations of the Issuer under the Notes are constituted by, and specified in, this agreement and in the Conditions. (b) Each Note is a separate debt of the Issuer. (c) The entitlement of any person to a Note is determined by registration as a Note Holder of that Note.. -------------------------------------------------------------------------------- Freehills Sydney\004832904 PAGE 7 (d) The making of, or giving effect to, a manifest error in an inscription in the Register will not avoid the creation or transfer of a Note.

Appears in 1 contract

Samples: Top Up Funding Facility Agreement (Me Portfolio Management LTD)

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