Classes, Designations, Characteristics, etc Sample Clauses

Classes, Designations, Characteristics, etc. Such Debt shall be divided into the Classes, having the designations, initial principal amounts and other characteristics as follows: Class Designation Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Floating Rate Senior Secured Floating Rate Mezzanine Secured Deferrable Floating Rate Subordinated Initial Principal Amount1 $ 280,000,000 $ 30,000,000 $ 0 $ 23,000,000 $ 7,000,000 $ 37,500,000 $ 116,270,000 Stated Maturity Payment Date in October 2036 Payment Date in October 2036 Payment Date in October 2036 Payment Date in October 2036 Payment Date in October 2036 Payment Date in October 2036 Payment Date in October 2036 Fixed Rate Note No No No No No No N/A Fixed Interest Rate N/A N/A N/A N/A N/A N/A N/A Floating Rate Note Yes Yes Yes Yes Yes Yes N/A Index Benchmark Benchmark Benchmark Benchmark Benchmark Benchmark N/A Index Maturity2 Three Months Three Months Three Months Three Months Three Months Three Months N/A Spread 1.71 % 1.85 % 1.85 % 2.15 % 2.15 % 2.65 % N/A S&P AAA (sf) AAA (sf) AAA (sf) AA (sf) AA (sf) A (sf) NR Fitch AAAsf NR NR NR NR NR NR Priority Classes None A-1 A-1 A-1, A-2 Loans, A-2 A-1 A-2 Loans, A-2 A-1, A-2 Loans, A-2, B Loans, B A-1, A-2 Loans, A-2, B Loans, B, C Pari Passu Classes None A-2 A-2 Loans B B Loans None None Junior Classes A-2 Loans, A-2, B Loans, B, C, Subordinated B Loans, B, C, Subordinated B Loans, B, C, Subordinated C, Subordinated C, Subordinated Subordinated None Interest deferrable No No No No No Yes N/A ERISA Prohibited No No No No No No Yes Listed Notes No No No No No No No Secured Debt Yes Yes Yes Yes Yes Yes No Re-Pricing Eligible Debt No No No No No No N/A 1 As of the Closing Date. 2 Except with respect to the first Payment Date following the Closing Date, the Benchmark shall be calculated by reference to three-month Benchmark, in accordance with the definition of the Benchmark set forth in this Indenture. See the definition of the Benchmark and Designated Maturity for the calculation of the Benchmark with respect to the first Payment Date following the Closing Date.
Sample 1
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Related to Classes, Designations, Characteristics, etc

  • SPECIALIZED JOB CLASSES Where there is a particular specialized job class in which the pay rate is below the local market value assessment of that job class, the parties may use existing means under the collective agreement to adjust compensation for that job class.

  • Instructions for Certification - Lower Tier Participants (Applicable to all subcontracts, purchase orders and other lower tier transactions requiring prior FHWA approval or estimated to cost $25,000 or more - 2 CFR Parts 180 and 1200) a. By signing and submitting this proposal, the prospective lower tier is providing the certification set out below. b. The certification in this clause is a material representation of fact upon which reliance was placed when this transaction was entered into. If it is later determined that the prospective lower tier participant knowingly rendered an erroneous certification, in addition to other remedies available to the Federal Government, the department, or agency with which this transaction originated may pursue available remedies, including suspension and/or debarment. c. The prospective lower tier participant shall provide immediate written notice to the person to which this proposal is submitted if at any time the prospective lower tier participant learns that its certification was erroneous by reason of changed circumstances. d. The terms "covered transaction," "debarred," "suspended," "ineligible," "participant," "person," "principal," and "voluntarily excluded," as used in this clause, are defined in 2 CFR Parts 180 and 1200. You may contact the person to which this proposal is submitted for assistance in obtaining a copy of those regulations. “First Tier Covered Transactions” refers to any covered transaction between a grantee or subgrantee of Federal funds and a participant (such as the prime or general contract). “Lower Tier Covered Transactions” refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

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