Common use of Senior Notes Clause in Contracts

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series of the Senior Notes; (ii) there shall be no provision for a Meeting of the holders of one class only of the Senior Notes; and (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.

Appears in 6 contracts

Samples: Issuer Trust Deed Amendment and Restatement Deed (Granite Mortgages 03-2 PLC), Issuer Trust Deed (Granite Mortgages 03-2 PLC), Issuer Trust Deed (Granite Mortgages 02-2 PLC)

AutoNDA by SimpleDocs

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series classes of the Senior Notes; (ii) there shall be no provision for a Meeting of the holders of one class only of the Senior Notes; and (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.

Appears in 5 contracts

Samples: Issuer Trust Deed (Granite Mortgages 04-1 PLC), Issuer Trust Deed (Granite Mortgages 03-3 PLC), Issuer Trust Deed (Granite Mortgages 03-3 PLC)

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes series of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series of the Senior Notes; (ii) there shall be no provision for a Meeting of the holders of one class series only of the Senior Notes; and (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.

Appears in 3 contracts

Samples: Issuer Trust Deed (Granite Mortgages 04-3 PLC), Issuer Trust Deed (Granite Mortgages 04-2 PLC), Issuer Trust Deed (Granite Finance Trustees LTD)

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series of the Senior Notes;; 116 (ii) there shall be no provision for a Meeting of the holders of one class only of the Senior Notes; and (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Mortgages 03-2 PLC)

AutoNDA by SimpleDocs

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series of the Senior Notes; (ii) there shall be no provision for a Meeting of the holders of one class only of the Senior Notes; and (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.. 91

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Mortgages 03-1 PLC)

Senior Notes. Notwithstanding the foregoing, the following additional provisions shall apply to Senior Notes: (i) a single Meeting of the holders of all classes of Senior Notes may be held whether or not there is a conflict of interest between the holders of such series classes of the Senior Notes; (ii) there shall be no provision for a Meeting of the holders of one class only of the Senior Notes; andand 150 (iii) as the Senior Notes are not all denominated in the same currency, the Principal Amount Outstanding of any Senior Note denominated in Dollars or Euro shall be converted into Sterling at the relevant Dollar Currency Swap Rate or Euro Currency Swap Rate, as the case may be.

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Mortgages 04-1 PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!