Note Details. The Notes, together with the Trustee’s certificate of authentication, shall be in substantially the form set forth in Exhibit A hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may, consistently herewith, be determined by the officers executing the Notes, as evidenced by their execution of the Notes. Any portion of the text of any Note may be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Note. The definitive Notes shall be typewritten, printed, lithographed or engraved or produced by any combination of these methods (with or without steel engraved borders), all as determined by the Authorized Representatives executing such Notes, as evidenced by their execution of such Notes. Each Note shall be dated the Date of Issuance. The terms of the Notes set forth in Exhibit A hereto are part of the terms of this Indenture.
Note Details. The Notes shall be issued in a single series, with three classes therein: (a) a class of Class A-1A Notes entitled “Higher Education Loan Authority of the State of Missouri, Taxable Student Loan Asset Backed Notes, Senior Series 2021-3A-1A” in the aggregate principal amount of $15,000,000; (b) a class of Class A-1B Notes entitled “Higher Education Loan Authority of the State of Missouri, Taxable Student Loan Asset Backed Notes, Senior Series 2021-3A-1B” in the aggregate principal amount of $178,000,000, and (c) a class of Class B Notes entitled “Higher Education Loan Authority of the State of Missouri, Taxable Student Loan Asset Backed Notes, Subordinate Series 2021-3B” in the aggregate principal amount of $4,500,000. The Class A-1A Notes, together with the Trustee’s certificate of authentication, shall be in substantially the form set forth in Exhibit A-1 hereto, the Class A-1B Notes, together with the Trustee’s certificate of authentication, shall be in substantially the form set forth in Exhibit A-2 hereto and the Class B Notes, together with the Trustee’s certificate of authentication, shall be in substantially the form set forth in Exhibit B hereto, each with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may, consistently herewith, be determined by the Authorized Representative executing the Notes, as evidenced by their execution of the Notes. Any portion of the text of any Note may be set forth on the reverse thereof, with an appropriate reference thereto on the face of the Note. The terms of the Class A-1A Notes set forth in Exhibit A-1 hereto, the terms of the Class A-1B Notes set forth in Exhibit A-2 hereto and the terms of the Class B Notes set forth in Exhibit B hereto are part of the terms of this Indenture, which terms may be amended in connection with a Benchmark Transition Event or a LIBOR Related Amendment.
Note Details. (a) The aggregate principal amount of the Series 2004-2 Notes which may be initially authenticated and delivered pursuant to this Indenture is limited to $1,017,700,000 except for Series 2004-2 Notes authenticated and delivered upon transfer of, or in exchange for, or in lieu of Series 2004-2 Notes pursuant to Sections 2.03 and 2.04 hereof. The Series 2004-2 Notes shall be issued in nine (9) separate classes (each a "Class") consisting of the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5a Notes, the Class A-5b Notes, the Class A-5c Notes, the Class B-1 Notes and the Class B-2 Notes. The Series 2004-2 Notes shall be issuable only as fully registered notes in Authorized Denominations. The Series 2004-2 Notes of each Class shall each be lettered "R" and shall be numbered separately from 1 upwards, respectively. The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5a Notes, the Class A-5b Notes and the Class A-5c Notes (collectively, the "Class A Notes") constitute Senior Obligations hereunder and the Class B-1 Notes and the Class B-2 Notes (collectively, the "Class B Notes") constitute Subordinate Obligations hereunder. The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes (collectively, the "LIBOR Rate Notes") shall be dated as of the Closing Date and shall bear interest from the Closing Date, payable on each Quarterly Distribution Date, except that LIBOR Rate Notes which are issued upon transfer, exchange or other replacement shall bear interest from the most recent Quarterly Distribution Date to which interest has been paid, or if no interest has been paid, from the Closing Date. The Class A-1 Notes shall mature on the Quarterly Distribution Date in November of 2009. The Class A-2 Notes shall mature on the Quarterly Distribution Date in November of 2013. Class A-3 Notes shall mature on the Quarterly Distribution Date in November of 2015. The Class A-4 Notes shall mature on the Quarterly Distribution Date in August of 2019. For each Accrual Period, the Class A-1 Notes shall bear interest at the Class A-1 Notes Interest Rate, the Class A-2 Notes shall bear interest at the Class A-2 Notes Interest Rate, the Class A-3 Notes shall bear interest at the Class A-3 Notes Interest Rate and the Class A-4 Notes shall bear interest at the Class A-4 Notes Interest Rate. The determination by the Issuer, or by the Administrator on behalf of the Issuer...
Note Details. (a) The aggregate principal amount of the Series 2010-6 Notes which may be initially authenticated and delivered under this Series 2010-6 Indenture Supplement shall be issued in one class having the class designation, Initial Class Principal Balance, Note Rate and rating set forth below (except for Series 2010-6 Notes authenticated and delivered upon transfer of, or in exchange for, or in lieu of Notes pursuant to Section 2.02 of the Indenture): Class Initial Class Principal Balance Note Rate Rating (Xxxxx’x/Fitch) Class C-2020 $1,000,000,000 4.883% A2/A
Note Details. This Note is one of a duly authorized issue of Notes issued under the Indenture (as defined below) having the applicable class designation and other details specifically indicated below (the "Note Details"). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Indenture. Reference is hereby made to the Indenture and all indentures supplemental thereto for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Issuer, the Notes, the Trustee and the Holders and the terms upon which the Notes are, and are to be, authenticated and delivered. Issuer: Ares Direct Lending CLO 1 LLC Trustee: U.S. Bank Trust Company, National Association Indenture: Indenture, dated as of May 24, 2024, between the Issuer and the Trustee, as amended, modified or supplemented from time to time Registered Holder (check applicable): ¨ CEDE & CO. ¨ ________________ (insert name) Stated Maturity: The Payment Date in April 2036 Payment Dates: The 25th day of January, April, July and October of each year, commencing in October 2024, or if any such date is not a Business Day, the immediately following Business Day, any Redemption Date (other than a Partial Redemption Date) and any Liquidation Payment Date; provided that, following the redemption or repayment in full of the Rated Notes, Holders of Subordinated Notes may receive payments (including in respect of an Optional Redemption of the Subordinated Notes) on any dates designated by the Asset Manager (which dates may or may not be the dates stated above) upon seven Business Days' prior written notice to the Trustee (which notice the Trustee will promptly forward to the Holders of the Subordinated Notes) and the Collateral Administrator and such dates will constitute "Payment Dates." The last Payment Date in respect of any Class of Notes will be its Redemption Date, its Stated Maturity or such other Payment Date on which the Aggregate Outstanding Amount of such Class is paid in full or the final distribution in respect thereof is made. Principal amount ("up to" amount, if Global Note): $225,600,000 Principal amount (if Definitive Note): As set forth on the first page above Global Note with "up to" principal amount: ¨ Yes ¨ No Authorized Denominations: $250,000 and integral multiples of $1.00 in excess thereof Note identifying numbers: As indicated in the applicable table below for the type of Subordinated Note indicated on the first page above NOTE DE...
Note Details. This note is one of a duly authorized issue of notes issued under the Indenture (as defined below) having the applicable class designation and other details specifically indicated below (the “Note Details”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Indenture. Reference is hereby made to the Indenture and all indentures supplemental thereto for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Issuer, the Notes, the Trustee and the Holders and the terms upon which the Notes are, and are to be, authenticated and delivered. In the event of any inconsistency between this Note (including the Note Details) and the terms of the Indenture, the terms of the Indenture shall govern. Issuer: ADS CLO 1 LLC Trustee: Deutsche Bank National Trust Company Indenture: Indenture, dated as of October 9, 2024, between the Issuer and the Trustee, as amended, modified or supplemented from time to time Registered Holder (check applicable): ☐ CEDE & CO. ☐ (insert name) Stated Maturity: The Payment Date in October 2036 Payment Dates: The 15th day of January, April, July and October of each year (or, if such day is not a Business Day, the next succeeding Business Day), commencing in April 2025, and any Redemption Date (other than a Partial Redemption Date or a Re-Pricing Date that occurs on a Business Day that is not otherwise a Payment Date), except that at any time that there are no Secured Notes Outstanding, Payment Dates shall be on such dates as determined by the Collateral Manager in its sole discretion Principal/Notional amount (“up to” amount, if global Note): ☐ Subordinated Notes $117,200,000 Principal/Notional amount (if Certificated Notes): As set forth on the first page above Global note with “up to” principal amount: ☐ Yes ☐ No Minimum Denominations: The Notes shall be issued in Minimum Denominations of U.S.$1,300,000 for the Subordinated Notes, in integral multiples of U.S.$1.00 in excess thereof. NOTE DETAILS (continued) Note identifying numbers: As indicated in the applicable table below for the type of Note and applicable Class indicated on the first page above. Rule 144A Global Notes Designation CUSIP ISIN Subordinated 000000XX0 US001003AJ12 Certificated Notes Designation CUSIP ISIN Subordinated 000000XX0 US001003AK84 The Issuer, for value received, hereby promises to pay to the Registered Holder of this Note or its registered assigns or nominees, upon presenta...
Note Details. (a) The Notes shall be issued in five (5) separate series consisting of $334,637,000 of Series A-1 Notes, $209,762,000 of Series A-2 Notes, $201,603,000 of Series A-3 Notes, $223,998,000 of Series A-4 Notes, and $30,000,000 of Series B Notes. The Series A-1 Notes will mature no later than December 15, 2017. The Series A-2 Notes will mature no later than March 15, 2022. The Series A-3 Notes will mature no later than March 15, 2026. The Series A-4 Notes will mature no later than December 15, 2033. The Series B Notes will mature no later than December 15, 2043. The Notes shall be issuable only as fully registered notes in Authorized Denominations. The Notes of each Series shall be numbered separately from 1 upwards. The Notes shall be in substantially the form set forth in Exhibit A, each with such variations, omissions and insertions as may be necessary.
Note Details. (a) The Series 2024-1 Notes shall be issued in three Classes, having the Class and Series designation, Initial Class Principal Balance, Note Rates and initial ratings set forth below. Class of Notes Initial Class Principal Balance Note Rate Note Type Rating (Fitch) Series 2024-1, Class A-2 $ 530,000,000 6.19 % Term Notes A Series 2024-1, Class B $ 73,000,000 7.02 % Term Notes BBB Series 2024-1, Class C $ 147,000,000 11.16 % Term Notes BB- Accrued Note Interest with respect to each Interest Accrual Period for the Series 2024-1 Term Notes will be calculated on a 30/360 Basis in the manner set forth in the definition of “Accrued Note Interest” in Section 1.01 of the Base Indenture.
Note Details. (a) The aggregate principal amount of the Notes which may be initially authenticated and delivered under this Series Supplement shall be issued in three (3) classes, having the Class and Series designation, initial principal balance, Note Rate and initial rating set forth below (except for Notes authenticated and delivered upon transfer of, or in exchange for, or in lieu of Notes pursuant to Section 2.02 of the Indenture). Class and Series Initial Principal Balance Note Rate Rating (KBRA) Series 2018-1 Class C $ 95,530,000 3.97% A- (sf) Series 2018-1 Class D $ 13,180,000 4.70% BBB-(sf) Series 2018-1 Class F $ 16,730,000 5.92% BB- (sf)
Note Details. (a) The aggregate principal amount of the Series 2010-1 Notes which may be initially authenticated and delivered under this Series Supplement shall be individually issued in two (2) separate classes, each having the class designation, Initial Class Principal Balance, Note Rate and rating set forth below (except for Series 2010-1 Notes authenticated and delivered upon transfer of, or in exchange for, or in lieu of Notes pursuant to Section 2.02 of the Indenture):
