Relationship with the Bridge Noteholders Clause Samples

Relationship with the Bridge Noteholders. (a) The Trustee may treat the person shown in its records as Bridge Noteholder at the opening of business (in the place of the Trustee’s principal office as notified to the Finance Parties from time to time) as the Bridge Noteholder acting through its facility office: (i) entitled to or liable for any payment due under any Bridge Finance Document on that day; and (ii) entitled to receive and act upon any notice, request, document or communication or make any decision or determination under any Bridge Finance Document made or delivered on that day, unless it has received not less than five Business Days’ prior notice from that Bridge Noteholder to the contrary in accordance with the terms of this Agreement. (b) Any Bridge Noteholder may by notice to the Trustee appoint a person to receive on its behalf all notices, communications, information and documents to be made or despatched to that Bridge Noteholder under the Bridge Finance Documents. Such notice shall contain the address, fax number (and the department or officer, if any, for whose attention communication is to be made) and be treated as a notification of a substitute address, fax number, (or such other information), department and officer by that Bridge Noteholder for the purposes of Clause 31.2 (Contact details) and the Trustee shall be entitled to treat such person as the person entitled to receive all such notices, communications, information and documents as though that person were that Bridge Noteholder.