Common use of Persons Deemed Noteholders Clause in Contracts

Persons Deemed Noteholders. Before due presentment for registration of transfer of any Note, the Owner Trustee, the Indenture Trustee, the Note Insurer and any agent of the Owner Trustee, the Indenture Trustee or the Note Insurer may treat the Person in whose name any Note is registered as the owner of such Note (a) on the applicable Record Date for the purpose of receiving payments with respect to principal and interest on such Note and (b) on any date for all other purposes whatsoever, whether or not such Note be overdue, and none of the Owner Trustee, the Indenture Trustee, the Note Insurer nor any agent of the Owner Trustee, the Indenture Trustee or the Note Insurer shall be affected by any notice to the contrary.

Persons Deemed Noteholders. Before due presentment for registration of transfer of any Note, the Owner TrusteeIssuer, the Indenture Trustee, the Note Insurer and any agent of the Owner TrusteeIssuer, the Indenture Trustee or the Note Insurer may treat the Person in whose name any Note is registered as the owner of such Note (a) on the applicable Record Date for the purpose of receiving payments with respect to principal and interest on such Note and (b) on any date for all other purposes whatsoever, whether or not such Note be overdue, and none of the Owner TrusteeIssuer, the Indenture Trustee, the Note Insurer nor any agent of the Owner TrusteeIssuer, the Indenture Trustee or the Note Insurer shall be affected by any notice to the contrary.