Common use of Treatment of “Holder” as Owner Clause in Contracts

Treatment of “Holder” as Owner. Except as otherwise provided herein, Issuer and the Global Agent may deem and treat the registered Holder as appears in the Register of any Note as the absolute owner of such Note, in each case for the purpose of receiving payments on such Note and for all other purposes whatsoever. For purposes of any DTC Note deposited with or held on behalf of DTC (or any nominee of DTC), DTC (or such nominee) shall be considered the sole holder of any Notes related thereto. For purposes of any other Book-Entry Note deposited with or held on behalf of the applicable depositary (or any nominee of such depositary), such depositary (or such nominee) shall be considered the sole holder of any Notes related thereto.

Treatment of “Holder” as Owner. Except as otherwise provided herein, Issuer and the Global Agent may deem and treat the registered Holder holder as appears in the Register of any Note as the absolute owner of such Note, in each case for the purpose of receiving payments on such Note and for all other purposes whatsoever. For purposes of any DTC Note deposited with or held on behalf of DTC (or any nominee of DTC), DTC (or such nominee) shall be considered the sole holder of any Notes related thereto. For purposes of any other Book-Entry Note deposited with or held on behalf of the applicable depositary (or any nominee of such depositary), such depositary (or such nominee) shall be considered the sole holder of any Notes related thereto.