Examples of Secured Noteholder in a sentence
Each Secured Noteholder, by its acceptance of a Secured Note, shall be deemed to authorize the Servicer to re-perfect such security interest on its behalf as may be needed from time to time.
Each of the Issuing Entity and each Secured Noteholder further acknowledges and agrees that no adequate remedy at law exists for a breach of this Section 11.21 and the terms of this Section 11.21 may be enforced by an action for specific performance.
The information set forth in the Lease Assets Schedule is true and correct in all material respects, and no selection procedures believed by the Seller to be adverse to ACOLT or any Secured Noteholder were utilized in selecting such Lease Assets from those assets of the Seller that meet the selection criteria set forth herein.
On each Distribution Date and on the Redemption Date (if applicable), ACOLT shall cause amounts on deposit in the ACOLT Collection Account to be paid to the Secured Noteholders in accordance with Sections 2.5 and 8.2 and with Section 3.03 of the Servicing Agreement, less amounts properly withheld under the Code by any Person from a payment to any Secured Noteholder of interest or principal.
Any amounts so withheld shall be considered as having been paid by ACOLT to such Secured Noteholder for all purposes of this ACOLT Indenture.