Examples of Senior Note Trustees in a sentence
Neither the creation of the security interests created hereunder nor the acceptance of any such additional collateral or security shall prevent the Senior Note Trustee from resorting to such additional collateral or security or to the Pledged Collateral, in any order without affecting the Senior Note Trustee's rights hereunder.
The Senior Note Trustee shall give the Pledgor at least 10 Business Days' written notice (which the Pledgor agrees shall be deemed to be reasonable notification within the meaning of Section 9-504(3) of the NUCC) of the Senior Note Trustee's intention to make any such public or private sale.
The Pledgor agrees not to knowingly take or permit to be taken any action which would impair the Pledged Collateral or the Senior Note Trustee's rights in the Pledged Collateral.
The Senior Note Trustee's compensation shall not be limited by any law on compensation of a Senior Note Trustee of an express trust.
If any mutilated Senior Note is surrendered to the Senior Note Trustee or the Company and the Senior Note Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Senior Note, the Company shall issue and the Senior Note Trustee, upon receipt of an Authentication Order, shall authenticate a replacement Senior Note if the Senior Note Trustee's requirements are met.
The Senior Notes and the Senior Note Trustee's certificate of authentication shall be substantially in the form of Exhibits A1 and A2 hereto.
Such expenses shall include the reasonable compensation, disbursements and expenses of the Senior Note Trustee's agents and counsel.
A resignation or removal of the Senior Note Trustee and appointment of a successor Senior Note Trustee shall become effective only upon the successor Senior Note Trustee's acceptance of appointment as provided in this Section.
To the extent any portion of the Senior Note Trustee's Fees and Expenses are disputed, the Reorganized Debtors will pay the Senior Note Trustee any undisputed portion of the Senior Note Trustee's Fees and Expenses, and will place the disputed amount in a segregated account pending resolution.
If the Reorganized Debtors and the Senior Note Trustee are unable to reach such a resolution, the Senior Note Trustee will then be entitled to seek approval of the Bankruptcy Court for the disputed portion of the Senior Note Trustee's Fees and Expenses, provided, however, that it shall not be necessary for the Senior Note Trustee to make application to the Bankruptcy Court for payment of any undisputed portion of the Senior Note Trustee's Fees and Expenses.