Class A-1R Note Agent definition
Examples of Class A-1R Note Agent in a sentence
If the Co-Issuers shall fail to appoint a successor Class A-1R Note Agent within 30 days after such notice of resignation, removal or the occurrence of such vacancy, a successor Class A-1R Note Agent may be appointed by a Majority of the Class A-1R Notes delivered to the Issuer, the Collateral Manager and the retiring Class A-1R Note Agent.
If a corrected form shall not have been delivered to the Class A-1R Note Agent within 15 days after such notice from the Class A-1R Note Agent, the Class A-1R Note Agent shall so notify the Issuer, the Collateral Manager and each Class A-1R Noteholder.
The Class A-1R Note Agent is hereby appointed "Class A-1R Commitment Registrar" for the purpose of registering and recording the information described in clauses (i) through (iv) above.
If no successor Class A-1R Note Agent shall have been so appointed by the Co-Issuers or such Class A-1R Noteholders and shall have accepted appointment in the manner hereinafter provided, the retiring Class A-1R Note Agent or any Class A-1R Noteholder may, on behalf of itself and all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Class A-1R Note Agent.
A certificate of any Class A-1R Noteholder setting forth any amount or amounts that such Class A-1R Noteholder is entitled to receive pursuant to this Section 3.09, and the calculation of such amount or amounts, shall be delivered to the Co-Issuers, the Trustee and the Class A-1R Note Agent and shall be conclusive absent manifest error.
The Class A-1R Note Agent shall provide written notice to each Class A-1R Noteholder of such Class A-1R Reinvestment Borrowing in a form substantially similar to a Borrowing Request.
The Class A-1R Note Agent shall be afforded the same protections and benefits (including the right to rely on any written document delivered to the Class A-1R Note Agent under this Agreement) as that afforded to the Trustee pursuant to Section 6.3 of the Indenture (but in no event shall Section 6.1(b) of the Indenture apply).
Each such electronic Borrowing Request shall be irrevocable and shall be confirmed by a simultaneous mailing of the original by first class mail, postage prepaid, or hand delivery thereof to the Class A-1R Note Agent (with a copy to the Trustee and the Calculation Agent).
None of the Collateral Manager, the Trustee, the Class A-1R Note Agent, the Administrator, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Co-Issuers, or any other person or entity will be obligated to make payments on the Class A-1R Notes.
If the Co-Issuers fail to mail any such notice within ten days after acceptance of appointment by the successor Class A-1R Note Agent, the successor Class A-1R Note Agent shall cause such notice to be given at the expense of the Co-Issuers.