Examples of ABS Notes in a sentence
Fleet debt consists of our U.S. ABS Fleet Debt, the Fleet Financing Facility, obligations incurred under our International Fleet Debt Facilities, capital lease financings relating to revenue earning equipment that are outside the International Fleet Debt Facilities, the International ABS Fleet Financing Facility, the Belgian Fleet Financing Facility, the Brazilian Fleet Financing Facility, the Canadian Fleet Financing Facility, the U.K. Leveraged Financing and the pre-Acquisition ABS Notes.
The 201[__]-[__] ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture.
The authority of the Servicer to make deposits to the 201[__]-[__] Bank Accounts is revocable at any time (i) by the Indenture Trustee until the Note Balance of the 201[__]-[__] ABS Notes has been reduced to zero and the 201[__]-[__] Bank Accounts have been released from the Lien of the Indenture, (ii) then, by the Collateral Agent until the payment in full of the 201[__]-[__] Exchange Note, and (iii) thereafter by the Borrower.
The sole remedy of the Collateral Agent, the 201[__]-[__] Exchange Noteholder, the Indenture Trustee and the Holders of the 201[__]-[__] ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).
The Owner Trustee shall not have the power to commence a voluntary Proceeding in bankruptcy relating to the Issuer unless all outstanding 2016-B Exchange Notes and 2016-B ABS Notes have been paid in full for not less than one year and one day (or, if longer, the applicable preference period) and each Certificateholder approves of such commencement in advance and delivers to the Owner Trustee a certificate certifying that such Certificateholder reasonably believes that the Issuer is insolvent.
Servicer May Own 2016-B Exchange Note and 2016-B ABS Notes 7 Section 3.08.
The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of the 2016-B Exchange Note and/or the 2016-B ABS Notes with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise provided in the 2016-B Servicing Agreement, the Collateral Agency Agreement and the Indenture.
The sole remedy of the Collateral Agent, the 2016-B Exchange Noteholder, the Indenture Trustee and the Holders of the 2016-B ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).
The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of the 201[__]-[__] Exchange Note and/or the 201[__]-[__] ABS Notes with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise provided in the 201[__]-[__] Servicing Agreement, the Collateral Agency Agreement and the Indenture.
No change to this Contract shall be valid unless prepared pursuant to Sub-paragraph 8.7 – Changes and Amendments of Terms and signed by both parties.