Issuer definition

Issuer as used in this Note includes any successor or the Issuer under the Indenture. The Issuer is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the holders of Notes under the Indenture. The Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. This Note and the Indenture shall be construed in accordance with the laws of the State of New York, without reference to its conflict of law provisions and the obligations, rights and remedies of the parties hereunder and thereunder shall be determined in accordance with such laws. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair, the obligation of the Issuer, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency herein prescribed. Anything herein to the contrary notwithstanding, except as expressly provided in the Basic Documents, none of Wilmington Trust Company in its individual capacity, JPMorgan Chase Bank, in its individual capacity, any owner of a beneficial interest in the Issuer, or any of their respective partners, beneficiaries, agents, officers, directors, employees or successors or assigns shall be personally liable for, nor shall recourse be had to any of them for, the payment of principal of or interest on this Note or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Indenture. The holder of this Note by its acceptance hereof agrees that, except as expressly provided in the Basic Documents, in the case of an Event of Default under the Indenture, the holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuer for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note.

Issuer has the meaning set forth in the preamble hereto.

Issuer means the party named as such in this Indenture until a successor replaces it and, thereafter, means the successor and, for purposes of any provision contained herein and required by the TIA, each other obligor on the Notes.

Examples of Issuer in a sentence

• The Issuer has duly authorized the execution and delivery of this Series MTN Agreement to provide for the issuance of a Series of Medium-Term Notes to be known as the “Series No. 3 Medium-Term Notes” or the “Series 3 Notes”, to be issued by the Issuer on the Issue Date specified herein and having the other terms and conditions specified herein.

• Each Backstop Provider hereby undertakes to notify the Company and the Issuer as soon as reasonably practicable after determining that it does not expect to be able to comply with its obligations under Clause 2 above, without prejudice to the contractual obligations created under such Clause 2 and this Agreement generally.

• Rating The Company and the Issuer to use commercially reasonable efforts to obtain issue ratings in respect of the Exchange Notes from any two of Fitch, Xxxxx’x and S&P, as soon as reasonably practicable and in any event by no later than the date falling three months after the Restructuring Effective Date; no minimum rating requirement.

• Pursuant to the terms hereof and of the Base MTN Agreement, the Issuer does hereby constitute and issue a Series of Medium-Term Notes, to be known as the “Series No. 3 Medium-Term Notes” or the “Series 3 Notes” having the terms and conditions set forth herein.

• The provisions of this Agreement shall become effective and binding on the Company, the Issuer and each Backstop Provider on the date of this Agreement (the “Effective Date”).

More Definitions of Issuer

Issuer is defined in the preamble.

Issuer as used in this Note includes any successor to the Issuer under the Indenture.

Issuer has the meaning set forth in the preamble to this Agreement.

Issuer means the Person named as “Issuer” in the first paragraph of this Indenture, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Issuer” shall mean such successor Person.

Issuer means such successor Person.

Issuer means the company designated as such in the preamble to these Bond Terms.

Issuer has the meaning set forth in the opening paragraph to this Guarantee.