Examples of Preferred Shares Paying Agent in a sentence
With respect to the Preferred Shares, on any Payment Date, the Trustee shall deliver to the Preferred Shares Paying Agent the distributions thereon for distribution to the Preferred Shareholders.
Nothing in this Indenture or in the Securities, expressed or implied, shall give to any Person, other than (i) the parties hereto and their successors hereunder and (ii) the Loan Obligation Manager, the Preferred Shareholders, the Preferred Shares Paying Agent, the Share Registrar and the Noteholders (each of whom, in the case of this clause (ii), shall be an express third party beneficiary hereunder), any benefit or any legal or equitable right, remedy or claim under this Indenture.
The Issuer shall promptly notify the Trustee and the Preferred Shares Paying Agent if a Rating Agency’s rating of any Class of Notes has been, or it is known by the Issuer that such rating will be, downgraded or withdrawn.
The Issuer shall promptly notify the Trustee and the Preferred Shares Paying Agent if a Rating Agency’s rating of any Class of Notes has been, or it is known by the Issuer that such rating will be, reduced, or qualified or withdrawn.
Prior to the placement of the Notes hereunder, the Placement Agent shall have received the opinions, dated as of the Closing Date, of the respective counsel to the Trustee, the Preferred Shares Paying Agent, the Loan Obligation Manager, the CLO Servicer, the Seller and ARMS Equity, each in form and substance reasonably satisfactory to the Placement Agent.
The Issuer shall promptly notify the Trustee and the Preferred Shares Paying Agent if a Rating Agency's rating of any Class of Notes has been, or it is known by the Issuer that such rating will be, reduced, or qualified or withdrawn.
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 each Hedge Counterparty, the Noteholders, the Collateral Administrator and the Preferred Shares Paying Agent a copy of any proposed supplemental indenture.
The Trustee may resign at any time by giving written notice thereof to the Co-Issuers, the Noteholders, each Hedge Counterparty, the Preferred Shares Paying Agent and each of the Rating Agencies.
In the event that the Trustee resigns or is removed as Trustee, the Trustee shall also be automatically removed as Paying Agent, Authenticating Agent, Transfer Agent, Note Registrar, Calculation Agent and Preferred Shares Paying Agent.
In the event of any Redemption, the Issuer shall, at least 30 days prior to the applicable Redemption Date (unless the Trustee shall agree to a shorter notice period), notify the Hedge Counterparty, the Trustee and the Preferred Shares Paying Agent of such applicable Redemption Date, the Redemption Record Date and the Redemption Price of the Notes of each Class.