Class 1 Notes definition

Class 1 Notes means any note the Company may issue pursuant to the Class 1 Notes Trust Agreement filed as an Exhibit to the Company’s Registration Statement for its Class 1 Notes and declared effective on January 6, 2015. Under the terms of the Class I Trust Agreement, the Company may issue up to an aggregate of $85 million of Class 1 Notes. The Company’s Class 1 offering expired on December 31, 2017 and no additional Class 1 Notes were sold after expiration. As of December 31, 2017, $39.7 million of the Company’s Class 1 Notes were outstanding.
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Class 1 Notes or "Class 2 Notes" in a total aggregate amount not to exceed $2,000,000" shall be modified to read, "As used herein, "Notes" means either "Class 1 Notes" or "Class 2 Notes" in a total aggregate amount outstanding at any time not to exceed $2,500,000."
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Class 1 Notes or "Class 2 Notes" in a total aggregate amount outstanding at any time not to exceed $2,500,000."
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Examples of Class 1 Notes in a sentence

  • In such circumstances, each Class of Class Notes (as identified by class number: for example, "Class 1 Notes") may rank ahead of (in the case of a smaller class number), or behind (in the case of a larger class number), any other such Class(es), as provided below.

  • In the event that the total amount of the excess was not used to purchase the Additional Loans, theamount remaining would be distributed as a principal payment to either holders of the Class 1 Notes or, in certain circumstances, pro rata, to all holders of all classes of Notes.

  • For example, principal payments would not be made on the Class 2 Notes until the Class 1 Notes had been paid off in their entirety.

  • The Servicing Agreement and Indenture also contemplate Trust’s issuance of four classes of promissory notes: Class 1 Notes, Class 2 Notes, Class 3 Notes, and Class 4 Notes (the Notes).

  • Generally, an excellent qualitative agreement is observed, proving that the model of the proposed potential is satisfactory in the range of the wave vectors and for all fractions studied.The peak location carries information about the mean inter-nanodroplet distance, and the sharpness of the peak about the fluctuations around this mean distance, which in turn is dictated by the nanodroplet interaction potential.

  • The proceeds of the 2018 Notes of US$ 495.5 million were allocated to repurchase the Class 1 Notes and to the total redemption of Class 1 Notes for US$ 207.3 million (including premiums paid).

  • Series 2018-27 will (immediately following the Further Issue Date) comprise the following classes (each a "Class" or a "Class of Notes"): (a) Class 1 EGP 670,089,619 Secured Repackaged Notes due 2023 (the "Class 1 Notes").

  • Fox principal paid$82.84$84.82$659.35$213.68$1,040.69$118.47$1,059.16 Recapitulation Class 1 Notes on handClass 2 Settled but not credited by Mr. Allen Class 3 In Atty's hand or insolventClass 4 Paid in fullClass 5 Partial payments Deduct interest included in Bauley's noteTotal$6,622.23$500.00$871.27$3,316.14$1,059.16$12,368.80$52.92$12,315.88 It will be observed that partial payments on the note of Caldwell, Lee and others (Class 5) amount to the sum of$1,040.69.

  • Interests in the temporary Regulation S Global Notes will be exchangeable for interests in permanent Regulation S Global Notes (one for the New Tranche AAA Class II(1) Notes and one for the New Tranche AA Class (1) Notes), respectively, not earlier than 40 days after the completion of distribution of the Notes and upon certification as to non-U.S. beneficial ownership.

  • Tranche AAA Class II (1) Notes: 55 per cent.Tranche AA Class (1) Notes: 32.14286 per cent.


More Definitions of Class 1 Notes

Class 1 Notes. Class 2 Notes" or "Class 3 Notes" in a total aggregate amount outstanding at any time not to exceed $5,500,000,, however such $5,500,000 shall be decreased by the principal amount of any Class 1 Notes surrendered to exercise warrants, and any Class 3 Notes converted, to purchase the Company's common stock
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Class 1 Notes means the aggregate in principal amount of the Company's 10% Secured Notes substantially in the form of the Note set forth as Exhibit B hereto. Interest on the Notes shall accrue from the Closing Date and, except as provided in Section 1(c), below, shall be payable quarterly on the 30th day of March, June, September and December of each year (the "Quarterly Payment Dates"), commencing as to each Purchaser on June 30, 2004 (which first interest payment shall be
Sample 1
Class 1 Notes or "Class 2 Notes" in a total aggregate amount not to exceed $2,000,000. (i) "Class 1 Notes" means the aggregate in principal amount of the Company's 10% Secured Notes due four (4) years from the Closing Date for each Purchaser, together with all Notes issued in exchange therefor or replacement thereof. Each Note will be substantially in the form of the Note set forth as Exhibit B hereto. Interest on the Notes shall accrue from the Closing Date and shall be payable quarterly on the 30th day of March, June, September and December of each year (the "Quarterly Payment Dates"), commencing as to each Purchaser on the Quarterly Payment Date next following their Closing Date (which first interest payment shall be for the period from and including the Closing Date specified in Section 2 hereof through and including the next occurring Quarterly Payment Date) at the interest rates and in the manner specified in the form of Note attached hereto as Exhibit B. Principal on the Notes shall be paid in quarterly installments on the Quarterly Payment Dates beginning after one year from the Closing Date for each Purchaser through and including the Quarterly Payment Date immediately preceding the fourth anniversary from the Closing Date for such Purchaser. All Notes issued on or before April 15, 2002, in the total amount of $1,050,000 are Class 1 Notes. Class 1 Notes issued after April 15, 2002 will be subordinated to the Class 1 Notes issued on or before April 15, 2001 in their rights to receive payment under the Collateral Assignment, as defined below.
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Class 1 Notes means the aggregate in principal amount of the Company's 10% Secured Notes due four (4) years from the Closing Date for each Purchaser, together with all Notes issued in exchange therefor or replacement thereof. Each Note will be substantially in the form of the Note set forth as Exhibit B hereto. Interest on the Notes shall accrue from the Closing Date and shall be payable quarterly on the 30th day of March, June, September and December of each year (the "Quarterly Payment Dates"), commencing as to each Purchaser on the Quarterly Payment Date next following their Closing Date (which first interest payment shall be for the period from and including the Closing Date specified in Section 2 hereof through and including the next occurring Quarterly Payment Date) at the interest rates and in the manner specified in the form of Note attached hereto as Exhibit B. Principal on the Notes shall be paid in quarterly installments on the Quarterly Payment Dates beginning after one year from the Closing Date for each Purchaser through and including the Quarterly Payment Date immediately preceding the fourth anniversary from the Closing Date for such Purchaser. All Notes issued on or before April 15, 2002, in the total amount of $1,050,000 are Class 1 Notes. Class 1 Notes issued after April 15, 2002 will be subordinated to the Class 1 Notes issued on or before April 15, 2001 in their rights to receive payment under the Collateral Assignment, as defined below.
Sample 1
Class 1 Notes. Class 2 Notes" or "Class 3 Notes" in a total aggregate amount outstanding at any time not to exceed $4,000,000. Class 1 Notes and Class 2 Notes shall not exceed $3,000,000 outstanding, however such $3,000,000 shall be decreased by the principal amount of any Class 1 Notes exchanged for Class 3 Notes, as provided in Section 1(c), below.
Sample 1
Class 1 Notes means the aggregate in principal amount of the Company's 10% Secured Notes due four (4) years from the Closing Date for each Purchaser. Each Note will be substantially in the form of the Note set forth as Exhibit B hereto. Interest on the Notes shall accrue from the Closing Date and shall be payable quarterly on the 30th day of March, June, September and December of each year (the "Quarterly Payment Dates"), commencing as to each Purchaser on the Quarterly Payment Date next following their Closing Date (which first interest payment shall be for the period from and including the Closing Date specified in Section 2 hereof through and including the next occurring Quarterly Payment Date) at the interest rates and in the manner specified in the form of Note attached hereto as Exhibit B. Principal on the Notes shall be paid in quarterly installments on the Quarterly Payment Dates beginning after one year from the Closing Date for each Purchaser through and including the Quarterly Payment Date immediately preceding the fourth anniversary from the Closing Date for such Purchaser. All Notes issued on or before April 15, 2002, in the total amount of $1,050,000 are Class 1 Notes. Class 1 Notes issued after April 15, 2002 will be subordinated to the Class 1 Notes issued on or before April 15, 2002 in their rights to receive payment under the Collateral Assignment, as defined below.
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Related to Class 1 Notes

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Class A-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Class D Notes has the meaning assigned to such term in the Indenture.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • B Notes means each of Note B-1 and Note B-2.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class B Notes has the meaning assigned to such term in the Indenture.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-2a Notes means the Class A-2a 5.05% Asset-Backed Notes, substantially in the form of Exhibit A-2a to the Indenture.

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 Notes.

  • Initial Class A-1 Note Balance means $265,000,000.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Class of Notes means each of the Classes of Notes being:

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Initial Class A-3 Note Balance means $380,000,000.

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • Series A Notes is defined in Section 1.

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

  • Initial Class D Note Balance means $13,564,000.