Common use of Persons Deemed Holders of Trust Securities Clause in Contracts

Persons Deemed Holders of Trust Securities. The Trustee and the Registrar shall treat the Person in whose name any Trust Beneficial Interest is registered as the owner of such Trust Beneficial Interest for all purposes whatsoever, and none of the Trustee and the Registrar shall be bound by any notice to the contrary. The Trustee shall treat the Person determined in accordance with Section 2.11 of the Indenture as the owner of the applicable Note(s) for all purposes whatsoever, and the Trustee shall not be bound by any notice to the contrary.

Persons Deemed Holders of Trust Securities. The Trustee Trustee, Administrator and the Registrar shall treat the Person in whose name any Trust Beneficial Interest is registered as the owner of such Trust Beneficial Interest for all purposes whatsoever, and none of the Trustee Trustee, Administrator and the Registrar shall be bound by any notice to the contrary. The Trustee and the Administrator shall treat the Person determined in accordance with Section 2.11 2.12 of the Indenture as the owner of the applicable Note(s) for all purposes whatsoever, and neither the Trustee nor the Administrator shall not be bound by any notice to the contrary.