Examples of Security Owner in a sentence
Lessee, each Participant, each Note Holder, First Security, Owner Trustee, WTC and Mortgagee agree for the benefit of each of the others that it will not commence or join in any proceeding under the Bankruptcy Code to commence a case under Section 303 of the Bankruptcy Code against the Trust Estate.
Nothing contained herein shall be deemed to preclude any Participant, any Note Holder, First Security, Owner Trustee, WTC or Mortgagee from filing any claim against the Trust Estate in any case commenced against the Trust Estate.
Accordingly, each Partnership Preferred Security Owner must rely on the procedures of DTC or if such person is not a Participant, on the procedures of the Participant through which such person owns its interest to exercise any rights of a Holder under the Agreement.
The Lender is under no obligation to notify any Security Owner or Guarantor.
Failure to give notice or communication to a Security Owner or any defect in it shall not affect its sufficiency with respect to other Security Owners.