Examples of Income Note Paying Agent in a sentence
The Issuer shall promptly notify the Trustee, the Income Note Paying Agent and the Initial Hedge Counterparty if the rating of any Class of Rated Notes has been, or it is known by the Issuer that such rating will be, changed or withdrawn.
The Trustee shall provide a copy of this Indenture to the Income Note Paying Agent and to any Holder of a beneficial interest in any Rated Note upon written request therefor certifying that it is such a Holder.
The Trustee agrees to give the Issuer prompt notice (with a copy to the Hedge Counterparty, the Collateral Manager, each Rating Agency and the Income Note Paying Agent) if any Account or any funds on deposit therein, or otherwise standing to the credit of any Account, shall become subject to any writ, order, judgment, warrant of attachment, execution or similar process.
Any amounts to be paid to the Income Note Paying Agent pursuant to Section 11.1(a)(23) or to Section 11.1(b)(17) will be released from the lien of this Indenture.
The Trustee shall provide a copy of this Indenture to the Income Note Paying Agent and to any Holder of a beneficial interest in any Secured Note upon written request therefor certifying that it is such a Holder.
As soon as practicable after the execution by the Trustee and the Issuer of any such supplemental indenture, the Trustee shall provide to the Rated Noteholders, the Collateral Manager, the Income Note Paying Agent, the Initial Hedge Counterparty and each Rating Agency a copy of the executed supplemental indenture.
The Issuer shall promptly notify the Trustee, the Income Note Paying Agent and each Hedge Counterparty if the rating of any Class of Secured Notes has been, or it is known by the Issuer that such rating will be, changed or withdrawn.
Nothing in this Indenture or in the Secured Notes, expressed or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Secured Noteholders, and (to the extent provided herein, and as express third-party beneficiaries hereof) the Income Noteholders, the Income Note Paying Agent, each Hedge Counterparty, the Collateral Manager and the Servicer (if and when applicable), any benefit or any legal or equitable right, remedy or claim under this Indenture.
In determining whether or not the interests of any Holder of Rated Notes or Income Notes will be materially and adversely affected, the Trustee shall be entitled to rely upon an Opinion of Counsel or a certificate of the Issuer or the Collateral Manager as to whether the interests of any Holder of Rated Notes or of Income Notes would be materially and adversely affected by any such supplemental indenture (after giving notice of such change to the Income Note Paying Agent).
Promptly after the execution by the Co-Issuers and the Trustee of any supplemental indenture pursuant to this Section 8.2, the Trustee, at the expense of the Co-Issuers, shall mail or make available to the Rated Noteholders, the Income Note Paying Agent (for forwarding to the Income Noteholders), the Initial Hedge Counterparty, the Collateral Advisor and each Rating Agency a copy thereof.