Certificated Secured Note definition

Certificated Secured Note. The meaning specified in Section 2.2(b)(iii).
Certificated Secured Note. The meaning set forth in Section 2.3(b)(iii). “Certificated Security”: The meaning specified in Section 8-102(a)(4) of the UCC. “Certificated Subordinated Note”: The meaning set forth in Section 2.3(b)(iii). “Class”: In the case of (a) the Secured Notes, all of the Secured Notes having the same Interest Rate, Stated Maturity and designation and (b) the Subordinated Notes, all of the Subordinated Notes; provided, that (i) additional notes of an existing Class of Notes issued under Section 2.13 will comprise the same Class of such existing Class notwithstanding the fact that such additional notes may be issued with a spread over the Benchmark or fixed rate of interest, as applicable, that is not identical to that of the initial Notes of such Class and (ii) for purposes of calculating the Coverage Tests and for any vote, request, demand, authorization, direction, notice, consent, waiver, objection or similar action under this Indenture, the Collateral Management Agreement and any other Transaction Document and for purposes of any Re-Pricing or any Partial Refinancing, any Pari Passu Classes shall constitute a single Class. “Class A Notes”: The Class A Senior Secured Floating Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3. “Class A/B Coverage Tests”: The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied with respect to the Class A Notes and the Class B Notes, collectively. “Class B Notes”: The Class B Senior Secured Floating Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3. “Class B Refinancing Obligations”: The class or classes of refinancing obligations providing the Refinancing Proceeds used to redeem the Class B Notes, each Class of Secured Notes senior to such Class and each Pari Passu Class or Classes of Secured Notes. “Class C Coverage Tests”: The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied with respect to the Class C Notes.
Certificated Secured Note. A Note issued in the form of a definitive, fully registered note without coupons substantially in the form attached as Exhibit A3 hereto which shall be registered in the name of the owner thereof, duly executed by the Issuer or the Co-Issuers and authenticated by the Trustee as herein provided.

Examples of Certificated Secured Note in a sentence

  • If a holder of a beneficial interest in a Global Secured Note deposited with DTC wishes at any time to transfer its interest in such Global Secured Note to a Person who wishes to take delivery thereof in the form of a corresponding Certificated Secured Note, such holder may, subject to the immediately succeeding sentence and the rules and procedures of Euroclear, Clearstream and/or DTC, as the case may be, transfer, or cause the transfer of, such interest for a Certificated Secured Note.

  • These condensed interim financial statements of the Company for the nine month period ended August 31, 2014 have been prepared in accordance with IAS 34 Interim Financial Reporting.

  • If the Retention Holder wishes at any time to transfer its interest in a Certificated Secured Note to a Person who wishes to take delivery thereof in the form of a Global Secured Note, it may, subject to the immediately succeeding sentence and the rules and procedures of Euroclear, Clearstream and/or DTC, as the case may be, exchange or transfer, or cause the exchange or transfer of, such Certificated Secured Note for a beneficial interest in an applicable Global Secured Note.

  • Any Certificated Secured Note and any CertificatedSubordinated Note.

  • Each Certificated Secured Note and each Certificated Subordinated Note.

  • The meaning specified in Section 2.1. “Certificates Notes”: Any Certificated Secured Note or Certificated Income Note.

  • With the consent of the Issuer, Secured Notes of any Class may be issued in the form of definitive, fully registered notes without coupons substantially in the applicable form attached as Exhibit A-1 hereto (a "Certificated Secured Note") which shall be registered in the name of the beneficial owner or a nominee thereof, duly executed by the Issuer and authenticated by the Collateral Trustee as hereinafter provided.

  • The meaning specified in Section 2.2(b)(ii)A Class E-R Note in the form of a Certificated Secured Note.

  • Unless issued as an Uncertificated Note, with the consent of the Issuer, any Secured Notes may, in each case, be issued in the form of definitive, fully registered notes without coupons substantially in the applicable form attached as Exhibit A-1 hereto (a "Certificated Secured Note") which shall be registered in the name of the beneficial owner or a nominee thereof, duly executed by the Issuer and authenticated by the Trustee as hereinafter provided.

  • If a Holder of a Certificated Secured Note wishes at any time to exchange such Certificated Secured Note for one or more Certificated Secured Notes or transfer such Certificated Secured Note to a transferee who wishes to take delivery thereof in the form of a Certificated Secured Note, such Holder may effect such exchange or transfer in accordance with this Section 2.6(f)(v) and, with respect to a Class A-R Note, Section 2.6(f)(viii).


More Definitions of Certificated Secured Note

Certificated Secured Note. Any Secured Note issued as a definitive, fully registered note without interest coupons.
Certificated Secured Note which shall be registered in the name of the beneficial owner or a nominee thereof, duly executed by the Applicable Issuer and authenticated by the Collateral Trustee or Authenticating Agent as hereinafter provided.

Related to Certificated Secured Note

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Uncertificated Security has the meaning specified in Section 8-102(a)(18) of the UCC.

  • Permitted Security means any Security:

  • Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit B.

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events: