Class Z Noteholders definition

Class Z Noteholders means the several persons who are for the time being Holders (as defined in Condition 1(d)) of the Class Z Notes (being, if and to the extent that the Class Z Notes are represented by the Definitive Class Z Notes, the holders thereof and, if and to the extent that the Class Z Notes are represented by the Global Class Z Notes, the persons for the time being shown in the records of Euroclear and Clearstream, Luxembourg (other than Clearstream, Luxembourg if Clearstream, Luxembourg shall be an account holder of Euroclear and other than Euroclear if Euroclear shall be an account holder of Clearstream, Luxembourg) as being holders of the Class Z Notes) in which regard any certificate or other document issued by Clearstream, Luxembourg or Euroclear as to the principal amount of Class Z Notes standing to the account of any person shall be conclusive and binding for all purposes hereof (other than for the purposes of payments in respect thereof the right to which shall be vested, as against the Issuer and the Trustee, solely in the holder of the Class Z Notes in accordance with and subject to their respective terms and the terms of this Agreement) and the words "holder" and "holders" shall (where appropriate) be construed accordingly;

Class Z Noteholders has the same meaning in the Trust Deed;

Class Z Noteholders means the several persons who are for the time being Holders (as defined in Condition 1(d)) of the Class Z Notes (being, if and to the extent that the Class Z Notes are represented by the Definitive Class Z Notes, the holders thereof and, if and to the extent that the Class Z Notes are represented by the Global Class Z Notes, the persons for the time being shown in the records of Euroclear and Clearstream, Luxembourg (other than Clearstream, Luxembourg if Clearstream, Luxembourg shall be an account holder of Euroclear and other than Euroclear if Euroclear shall be an account holder of Clearstream, Luxembourg) as being holders of the Class Z Notes, in which regard any certificate or other document issued by Clearstream, Luxembourg or Euroclear as to the principal amount of Class Z Notes standing to the account of any person shall be conclusive and binding for all purposes hereof (other than for the purposes of payments in respect thereof the right to which shall be vested, as against the Issuer and the Trustee, solely in the holder of the Class Z Notes in accordance with and subject to their respective terms and the terms of this Trust Deed)) and the words "holder" and "holders" shall (where appropriate) be construed accordingly.

Examples of Class Z Noteholders in a sentence

• The Class Z Noteholder Amounts may be deferred or waived in full at the election of all of the Class Z Noteholders and, in respect of a partial or full deferral, will not earn interest.

• It was the first Summer Program in Classical Architecture & Landscape Painting and it took place in Italy’s Campagna Romana centered at the Benedictine Monastery of Santa Scholastica in the town of Subiaco.

• Remedies pursued on behalf of the Class E Noteholders could be adverse to the interests of the Class F Noteholders, the Class Z Noteholders and the Subordinated Noteholders.

• Except in certain circumstances described above and in Condition 12, the Trust Deed contains no such limitation on the powers of the Class C Noteholders, the exercise of which will be binding on the Class Z Noteholders of any Series, irrespective of the effect thereof on their respective interests.

• Remedies pursued on behalf of the Class B Noteholders could be adverse to the interests of the Class C Noteholders, the Class D Noteholders, the Class E Noteholders, the Class F Noteholders, the Class Z Noteholders and the Subordinated Noteholders.

• The claim against the Issuer evidenced by the Class Z Notes will extinguish on the Final Maturity Date, except for amounts which have become due and payable to the Class Z Noteholders in accordance with the applicable Priority of Payments, subject to and in accordance with Condition 6(a) and Condition 9(a).

• The Class Z Noteholders will be entitled to the Class Z Noteholder Amounts on each Payment Date in accordance with the applicable Priorities of Payments.

• Such application may affect the amounts which would otherwise have been payable to Noteholders and, in particular, may reduce amounts available for distribution to the Class Z Noteholders and the Subordinated Noteholders.

• No Extraordinary Resolution of the Noteholders of the Class A Notes to sanction a modification of, or any waiver or authorisation of any breach or proposed breach of, any of the provisions of the Transaction Documents or these Conditions shall take effect unless it has been sanctioned by an Extraordinary Resolution of the Class Z Noteholders, or the Note Trustee is of the opinion that it would not be materially prejudicial to the respective interests of the Class Z Noteholders.

• Remedies pursued on behalf of the Class F Noteholders could be adverse to the interests of the Class Z Noteholders and the Subordinated Noteholders.

More Definitions of Class Z Noteholders

Class Z Noteholders has the meaning given to it in the Trust Deed; "Class Z Notes" has the meaning given to it in the Trust Deed; "Clearing Systems" has the meaning given to it Condition 1(b);

Class Z Noteholders means the holders of the Class Z Notes.

Class Z Noteholders means the persons who for the time being are registered in the Register as the holders of Class Z Notes;

Class Z Noteholders has the same meaning in the Trust Deed; "Closing Date" means 1 November 2023;