Income Note Paying Agent definition

Income Note Paying Agent means U.S. Bank National Association, in its capacity as income note paying agent and income note registrar under the Income Note Paying Agency Agreement, and any successor thereto.

Income Note Paying Agent means LaSalle Bank National Association, and any successors or assigns in its capacity as Income Note Paying Agent under the Income Note Paying Agency Agreement.

Examples of Income Note Paying Agent in a sentence

• The Bank, solely in its capacity as Income Note Paying Agent under the Income Note Paying Agency Agreement, unless a successor Person shall have become the Income Note Paying Agent pursuant to the applicable provisions of the Income Note Paying Agency Agreement, and thereafter, the Income Note Paying Agent shall mean such successor Person.

• 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if the rating of any Class of Rated Notes has been, or it is known by the Issuer that such rating will be, changed or withdrawn.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 Income Note Paying Agency Agreement dated as of the Closing Date among the Income Note Issuer, the Administrator in its capacity as Income Note Registrar and the Income Note Paying Agent, as amended from time to time in accordance with the terms thereof.

• The amount of any withholding tax or deduction with respect to any Holder shall be treated as cash distributed to such Holder at the time it is withheld or deducted by the Trustee, the Income Note Paying Agent or Paying Agent and remitted to the appropriate taxing authority.

• This includes regular status meetings/reports, quality reviews, managing risks/issues, and managing resources.

• Not later than 15 Business Days prior to the execution of any proposed supplemental indenture pursuant to this Section 8.2, the Trustee, at the expense of the Co-Issuers, shall mail to the Rated Noteholders, Income Note Paying Agent, the Initial Hedge Counterparty, the Collateral Advisor and each Rating Agency a copy of such proposed supplemental indenture (or a description of the substance thereof) and shall request Rating Agency Confirmation with respect to such supplemental indenture.

• Each of the Issuer, the Co-Issuer, the Income Note Issuer, the Initial Purchaser, the Collateral Administrator, the Trustee, the Income Note Paying Agent, the Share Trustee, the Administrator, the Income Note Administrator and the Collateral Manager.

• The custodial and paying agency agreement dated as of the Closing Date among the Income Note Paying Agent, the Income Note Issuer and the Income Note Registrar.

• 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.