Common use of Registered Obligations Clause in Contracts

Registered Obligations. The Borrowers shall keep a “register” in which the Borrowers shall provide for the recordation of the name and address of, and the amount of outstanding principal and interest owing to, the Holder or its permitted assignees. The entries in the register shall be conclusive evidence of the amounts due and owing to the Holder or its permitted assignees in the absence of manifest error. The Borrowers, the Holder, and its successors and assigns shall treat each Person whose name is recorded in the register pursuant to the terms hereof as the Holder for all purposes. Notwithstanding anything to the contrary contained in this Note, the Note is a registered obligation and the right, title and interest of the Holder and its assignees in and to this Note shall be transferable only upon notation of such transfer in the register. This Section 9.88 shall be construed so that the Note is at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code, and any related regulations (and any other relevant or successor provisions of the Code or such regulations). The register shall be available for inspection by the Holder and its successors and permitted assignees at from time to time upon reasonable prior notice to the Borrowers.

Registered Obligations. The Borrowers shall keep a “register” in which the Borrowers shall provide for the recordation of the name and address of, and the amount of outstanding principal and interest owing to, the Holder or and its permitted assigneesAssignees. The entries in the register shall be conclusive evidence of the amounts due and owing to the Holder or its permitted assignees Assignees in the absence of manifest error. The Borrowers, the Holder, and its successors and assigns shall treat each Person whose name is recorded in the register pursuant to the terms hereof as the Holder for all purposes. Notwithstanding anything to the contrary contained in this Note, the Note is a registered obligation obligations and the right, title and interest of the Holder and its assignees Assignees in and to this Note shall be transferable only upon notation of such transfer in the register. This Section 9.88 9.9 shall be construed so that the Note is at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the United States Internal Revenue Code of 1986, as amended (the “Code”), and any related regulations (and any other relevant or successor provisions of the Code or such regulations). The register shall be available for inspection by the Holder and its successors and permitted assignees assigns at from time to time upon reasonable prior notice to the Borrowersnotice.

Registered Obligations. The Borrowers Borrower shall keep a “register” in which the Borrowers Borrower shall provide for the recordation of the name and address of, and the amount of outstanding principal and interest owing to, the Holder or and its permitted assigneesAssignees. The entries in the register register, as are approved by Holder, shall be conclusive evidence of the amounts due and owing to the Holder or its permitted assignees Assignees in the absence of manifest error. The BorrowersBorrower, the Holder, and its successors and assigns Assignees shall treat each Person whose name is recorded in the register pursuant to the terms hereof as the Holder for all purposes. Notwithstanding anything to the contrary contained in this NoteDebenture, the Note Debenture is a registered obligation obligations and the right, title and interest of the Holder and its assignees Assignees in and to this Note Debenture shall be transferable only upon notation of such transfer in the registerregister and Borrower shall promptly make such notation in the register upon delivery by Holder or its Assignees of assignment documents to Borrower. This Section 9.88 8.9 shall be construed so that the Note Debenture is at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the United States Internal Revenue Code of 1986, as amended (the “Code”), and any related regulations (and any other relevant or successor provisions of the Code or such regulations). The register shall be available for inspection by the Holder and its successors and permitted assignees Assignees at from time to time upon reasonable prior notice to the Borrowersnotice.