Class A-1 Loans definition

Class A-1 Loans. The Class A-1 Senior Secured Loans incurred pursuant to the Credit Agreement.
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Class A-1 Loans. Collectively, the Class A-1A Loans and the Class A-1S Loans.
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Class A-1 Loans has the same meaning given to “Loans” hereunder.
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Examples of Class A-1 Loans in a sentence

  • The option of a Converting Lender to convert all or a portion of its Class A-1 Loans into an equivalent principal amount of Class A-1 Notes pursuant to the Credit Agreement and this Indenture.

  • International resolutions have the power to affect greater audiences than the signatories and actors directly involved in the conflict.

  • The Co-Issuers are duly authorized to execute and deliver this Indenture to provide for the Notes issuable as provided herein and to incur the Class A-1 Loans pursuant to the Credit Agreement, dated as of the Closing Date, among the Issuer, as borrower, the Co-Issuer, as co-borrower, the Collateral Agent, the Loan Agent and the lenders party thereto from time to time (the “Credit Agreement”).

  • References to (i) the "redemption" of Secured Debt shall be understood to refer, in the case of the Class A-1 Loans, to the repayment or prepayment, as applicable, of the Class A-1 Loans, by the Issuers and (ii) the "issuance" of Secured Debt or to the "execution," "authentication" and/or "delivery" of Secured Debt shall be understood to refer, in the case of the Class A-1 Loans, to the incurrence of the Class A-1 Loans, by the Issuers, pursuant to the Class A-1 Credit Agreements.

  • As to any Payment Date, Redemption Date or Permitted RIC Distribution Date, with respect to (i) the Notes and the Preferred Shares, the date 15 days prior to such applicable date and (ii) the Class A-1 Loans, the last day of the month immediately preceding such applicable date (whether or not such date is a Business Day).

  • On any Business Day following a Tax Event, a Majority of theSubordinated Notes will also have the right to require the Issuer to redeem the Notes and prepay the Class A-1 Loans, in whole but not in part, in the manner described under "Description of the Notes— Optional Redemption and Refinancing; Tax Redemption" (a "Tax Redemption").

  • For the avoidance of doubt, for purposes of this definition with respect to the Credit Agreement and the Class A-1 Loans, the Co- Issuers will be acting in their capacity as "Co-Borrowers" as defined in the Credit Agreement.

  • The Issuer has delivered to the Collateral Trustee an Issuer Order specifying the amount of proceeds of the issuance of the Notes and the incurrence of the Class A-1 Loans to be deposited in the Accounts specified therein.

  • For the avoidance of doubt and for purposes of this definition, with respect to the Credit Agreement and the Class A-1 Loans, the Issuer will be acting in its capacity as "Borrower" and the Co-Issuer will be acting in its capacity as "Co-Borrower", in each case, as defined in the Credit Agreement.

  • For the avoidance of doubt, the Class A-1 Loans were not offered pursuant to any Final Offering Memorandum.


More Definitions of Class A-1 Loans

Class A-1 Loans. The(i) Prior to the Refinancing Date, the Class A-1 Senior Secured Loans incurred pursuant to the Credit Agreement on the Closing Date and (ii) on and after the Refinancing Date, the Class A-1-R Loans incurred pursuant to the Refinancing Credit Agreement on the Refinancing Date.
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Class A-1 Loans has the meaning set forth in the recitals.
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Class A-1 Loans means the Loans made or to be made by the Class A-1 Lenders.
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Class A-1 Loans has the meaning given to such term in Section 2.01(a).
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Related to Class A-1 Loans

  • Class A-1 Note means any of the 2.50000% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Class A-1 Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-1 Pass-Through Rate on the Class A-1 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Current Interest or a Class A-1 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-1 Certificates.

  • Class A-1 Note Rate means, with respect to any Quarterly Interest Period, the interest rate per annum (computed on the basis of the actual number of days in such Quarterly Interest Period over a year of 360 days) equal to Three-Month LIBOR for the related LIBOR Reset Period plus 0.08%.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • 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.

  • Class A-1 Rate means [ ]% per annum.

  • 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.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Tranche A Notes is defined in Section 1.1.

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

  • Class A-1 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, the product of (A) the actual number of days elapsed during the period from and including the preceding Distribution Date to but excluding such Distribution Date divided by 360, (B) the Class A-1 Rate and (C) the outstanding principal balance of the Class A-1 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-1 Notes on or before such preceding Distribution Date).

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

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

  • Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • 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 A-1 Note Interest Rate means a rate per annum equal to %.

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2 Note means any of the 0.51% Asset Backed Notes, Class A-2, issued under the Indenture substantially in the form attached thereto as Exhibit A-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.

  • Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

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

  • Class A-2 Monthly Interest means, (i) for the first Distribution Date, the product of the following: one-twelfth of the Class A-2 Pass-Through Rate multiplied by the Class A-2 Certificate Balance at the Closing Date and (ii) for any subsequent Distribution Date, one-twelfth of the product of the Class A-2 Pass-Through Rate and the Class A-2 Certificate Balance as of the immediately preceding Distribution Date (after giving effect to any distribution of Monthly Principal made on such immediately preceding Distribution Date).

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).

  • Class A Note Rate means 3.15% per annum.

  • Class C Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class C Distributable Interest Rate on a notional amount equal to the aggregate principal balance of the Lower Tier REMIC Regular Interests immediately prior to such Distribution Date, plus the interest portion of any previous distributions on such Class that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class C Certificates.