Examples of Reset Rate Note in a sentence
The foregoing authorization shall represent a limited power of attorney granted by the Trust to the Administrator to act on its behalf, and the Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.
Each Noteholder and Note Owner of a Reset Rate Note shall be subject to the restrictions on transfer thereof set forth in Appendix A-3 to this Indenture.
The foregoing authorization shall represent a limited power of attorney granted by the Trust to the Administrator to act on its behalf and the Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.
The foregoing authorization shall represent a limited power of attorney granted by the Issuer to the Administrator to act on its behalf and the Administrator shall not be liable to any party, any third party or any Registered Owner for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.
The foregoing authorization shall represent a limited power of attorney granted by the Issuer to the Issuer Administrator to act on its behalf and the Issuer Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.
Agent has received a timely delivered Hold Notice, if applicable (or if the holder of the Call Option has delivered the related Call Option Notice), on the Reset Date that commences each Reset Period, each Reset Rate Note will be automatically tendered, or deemed tendered, to the relevant Remarketing Agent for remarketing by such Remarketing Agent on the Reset Date at 100% of its Outstanding Amount.
The applicable interest rate for each subsequent Reset Period will be set forth on Schedule A to the applicable Reset Rate Note and determined as set forth below.
Whenever a notice or other communication is required under this Annex II or under the Indenture to be given to Noteholders of a series of Series 2006-1 Reset Rate Note, unless and until Definitive Notes shall have been issued to Noteholders pursuant to the Indenture, the Trustee shall give all such notices and communications specified herein to the applicable Clearing Agency.
Each person who is or who becomes a Beneficial Owner of a Series 2006-1 Reset Rate Note shall be deemed by the acceptance or acquisition of such beneficial ownership interest to have agreed to be bound by the provisions of this Section.
The applicable interest rate for each subsequent Reset Period will be set forth on Schedule A to the applicable Series 2007-1 Reset Rate Note and determined as set forth below.