Examples of Group I Noteholders in a sentence
Notwithstanding anything to the contrary contained in the Indenture, such rights of consent granted to the holders of the Notes contained in clauses (a) and (b) of this proviso shall not be exercisable by the Group I Controlling Parties on behalf of all of the Group I Noteholders or by the Group II Controlling Parties on behalf of all of the Group II Noteholders.
Notwithstanding anything to the contrary contained in the Indenture or the Trust Agreement, such rights of consent granted to the holders of the Notes contained in clauses (i) and (ii) of this proviso shall not be exercisable by the Group I Controlling Parties on behalf of the Group I Noteholders or the Group II Controlling Parties on behalf of the Group II Noteholders.
The parties hereto hereby acknowledge and agree that the HVF II Trustee (for the benefit of the HVF II Group I Noteholders) shall be a third party beneficiary of, and shall be entitled to enforce rights and remedies under, this Series Supplement to the fullest extent permitted by law.
HVF II may fix a record date for determining which Group I Noteholders are eligible to consent to any amendment or waiver.
The Guarantor acknowledges that the Trustee (on behalf of the Group I Noteholders) has accepted the assignment of the Lessor’s rights under this Lease as collateral for the Group I Notes in reliance on the Guaranty and that the Trustee (for the benefit of itself and the Group I Noteholders) shall be a third-party beneficiary under this Section 28.
The Requisite Group I Investors (or, where such remedy relates only to one or more particular Series of Group I Notes, the Required Series Noteholders of any such Series of Group I Notes) may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee on behalf of such Group I Noteholders or exercising any trust or power conferred on the Trustee.
Collections with respect to the Group I Student Loans will be deposited into the Group I Collection Account for the benefit of the Group I Noteholders, and collections with respect to the Group II Student Loans will be deposited into the Group II Collection Account for the benefit of the Group II Noteholders.
As to the Group I Notes, it is the desire of the Issuer and the Group I Noteholders that there be at all times sufficient funds for the payment of principal of and interest on the Group I Notes and other obligations of the Issuer including payment to the Enhancer.
No Lessee shall utilize selection procedures which it believes are materially adverse to the Lessor or the Trustee in selecting the Vehicles to be designated to the Trustee (on behalf of the Group I Noteholders), as a Financing Source, and the ARG Trustee, as a Beneficiary, under the Master Collateral Agency Agreement.
By accepting its Group I Note, each Group I Noteholder agrees that unless an Enhancer Default exists and is continuing, the Enhancer shall have the right to exercise all rights of the Group I Noteholders as specified under the Basic Document without any further consent of the Group I Noteholders.