Loan Note Holders definition
Examples of Loan Note Holders in a sentence
Any such substitution or addition shall be notified to the Loan Note Holders in accordance with Condition 14 as soon as practicable thereafter.
Such agreement may be amended by the parties thereto with the prior written approval of the Security Trustee subject to its obtaining the consent of the Loan Note Holders.
Notice of any termination or appointment and of any changes in specified offices will be given to the Loan Note Holders promptly by the Issuer in accordance with Condition 14.
Remuneration shall accrue from day to day and be payable (in priority to payments to the Loan Note Holders) up to (and including) the date when, the Loan Notes having become due for redemption in full, the redemption monies and interest thereon to the date of redemption have been paid to the Loan Note Holders or the Security Trustee, provided that, if any payment of the monies due in respect thereof is improperly withheld or refused, remuneration will start to accrue again.
If, in the opinion of the Security Trustee, there is a conflict between the interests of the Loan Note Holders (or any of them) of any Series of Loan Notes and the holders of Notes forming part of any Associated Debt in relation to such Series of Loan Notes, the Security Trustee shall have regard to the interests of the holders of the Notes in place of those of the Loan Note Holders and shall not be liable to the Loan Note Holders for so doing.