Class M-2 Notes definition

Class M-2 Notes shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause of this Indenture.
Class M-2 Notes means the Class M-2 Notes substantially in the form of Exhibit C-2.
Class M-2 Notes. The Class M-2 Notes due May 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.

Examples of Class M-2 Notes in a sentence

  • On the Closing Date, the Class M-2A and Class M-2B Notes will be deemed to have been exchanged, in whole or in part, as applicable, for the Class M-2 Notes, the Class B-1A and Class B-1B Notes will be deemed to have been exchanged, in whole or in part, as applicable, for the Class B-1 Notes and the Class B-2A and Class B-2B Notes will be deemed to have been exchanged, in whole or in part, as applicable, for the Class B-2 Notes.The Original Notes will be issued pursuant to the Indenture.

  • Pursuant to the procedures and fees set forth in the Exchange Administration Agreement, the Class M-2A and Class M-2B Notes may be exchanged, in whole or in part, for the Class M-2 Notes, and vice versa, pursuant to Combination 1 described in Appendix II, at any time on or after the Closing Date.

  • On the Closing Date, the Class M-2A and Class M-2B Notes will be deemed to have been exchanged in their entirety for the Class M-2 Notes.

  • With respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche, (ii) the Class M-2 Notes, the Class M-2 Reference Tranche, (iii) the Class M-3A Notes, the Class M-3A Reference Tranche, (iv) the Class M-3B Notes, the Class M-3B Reference Tranche and (v) the Class B Notes, the Class B Reference Tranche.

  • The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time on or after the Strip Initial Exchange Date.


More Definitions of Class M-2 Notes

Class M-2 Notes. The Class M-2 GMACM Home Equity Loan-Backed Term Notes, Series 2004-HE2, in substantially the form set forth in Exhibit A-3 to the Indenture.
Class M-2 Notes. The Class M-2 Home Equity Loan-Backed Notes, Series 2003-A, in substantially the form set forth in Exhibit A-3 to the Indenture.
Class M-2 Notes means the Class M-2 Notes issued by the Trust pursuant to the Indenture.
Class M-2 Notes and "Class B Notes" shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause on the first page of this Indenture.
Class M-2 Notes a fixed rate equal to 8.83% per annum (or, for any Interest Accrual Period for the Class M-2 Notes commencing after the first Payment Date on which the aggregate Principal Balance of the Mortgage Loans is less than 10% of the initial Pool Balance, a fixed rate equal to 9.93% per annum); and
Class M-2 Notes. The Class M-2 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-3 Notes: The Class M-3 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-4 Notes: The Class M-4 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-5 Notes: The Class M-5 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-6 Notes: The Class M-6 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.
Class M-2 Notes. The First NLC Trust 2005-1, Callable Mortgage-Backed Notes, Series 2005-1 Class M-2 Notes issued under the Indenture.