Noteholder Approval definition
Examples of Noteholder Approval in a sentence
Upon the occurrence of an Event of Default, (i) the Note Insurer may it its sole discretion, or if a Note Insurer Default has occurred and is continuing, Noteholders constituting Class A Noteholder Approval may in their sole discretion, and (ii) if the Aggregate Outstanding Principal Balance of the Class A Notes has been reduced to zero and the Note Insurer has been paid in full all amounts then owing to it, the Noteholders constituting Class B Noteholder Approval may terminate COAF as Servicer.
The provisions of this Servicing Agreement may only be waived by written consent of the Note Insurer or, if a Note Insurer Default has occurred and is continuing, the Noteholders constituting Class A Noteholder Approval, or if the Aggregate Outstanding Principal Balance of the Class A Notes has been reduced to zero and all Reimbursement Obligations due to the Note Insurer shall have been paid in full, Noteholders constituting Class B Noteholder Approval, and the parties hereto.
The Note Insurer or, if a Note Insurer Default has occurred and is continuing, the Noteholders constituting Class A Noteholder Approval, or if the Aggregate Outstanding Principal Balance of the Class A Notes has been reduced to zero and all Reimbursement Obligations due to the Note Insurer shall have been paid in full, Noteholders constituting Class B Noteholder Approval may, on behalf of the Noteholders of all Notes Outstanding, waive any Event of Servicing Default.
Supplemental Indentures Without Noteholder Approval 70 Section 10.02.
Upon the occurrence of an Event of Default, (i) the Note Insurer may it its sole discretion, or if a Note Insurer Default has occurred and is continuing, Noteholders constituting Class A Noteholder Approval may in their sole discretion, 106 and (ii) if the Aggregate Outstanding Principal Balance of the Class A Notes has been reduced to zero and the Note Insurer has been paid in full all amounts then owing to it, the Noteholders constituting Class B Noteholder Approval may terminate COAF as Servicer.
Supplemental Indentures Without Noteholder Approval......................................
Supplemental Indentures Without Noteholder Approval 73 [***] Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.
Terms of the Preferred Shares - Redemption Rights" will be held by a reputable financial institution or other entity (the "C Share Trustee") mutually agreed by the Equity Investors and a Noteholder Approval.