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 meaning given to such term in Section 2.01(a).
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Examples of Class A-1 Loans in a sentence

  • 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.

  • The initial holders of the Debt, by acquisition of their Debt (or by making the Class A-1 Loans), are deemed to have (i) consented to the acquisition of the initial Collateral Obligations by the Issuer and (ii) approved the Issuer’s and/or the Co-Issuer’s consent to the transactions and procedures described in this Section 5 relating to Restricted Transactions.

  • Any notice to be given hereunder to the Holders of the Class A-1 Loans shall be provided to the Loan Agent, who has forward such notice to the Holders of the Class A-1 Loans, as applicable.

  • 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.

  • All payments on the Class A-1 Loans will be made by the Collateral Trustee to the Loan Agent and the Loan Agent will disburse such payments to the Class A-1 Lenders in accordance with the Class A-1 Credit Agreements.

  • All payments on the Class A-1 Loans shall be made by the Collateral Trustee or the applicable Paying Agent to the Loan Agent for disbursement in accordance with the Class A-1 Credit Agreements.

  • To the extent lawful and enforceable, interest on any interest that is not paid when due on any Class A-1A Notes, Class A-1 Loans, Class A-1AL Notes, Class A-1B Notes or Class A-2 Notes or, if there are no Class A-1A Notes, Class A-1 Loans, Class A-1AL Notes, Class A-1B Notes or Class A-2 Notes Outstanding, any Class B Notes, or if no Class B Notes are Outstanding, any Class C Notes shall accrue at the Interest Rate for such Class until paid as provided herein.

  • If such proceeds of such sale and all other funds available for such purpose are not at least equal to the Required Redemption Amount, then the Secured Debt may not be redeemed (or, in the case of the Class A-1 Loans, prepaid).

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

  • At the cost of the Issuers, the Collateral Trustee shall provide to the Holders (in the manner described in Section 14.4 (Notices to Holders; Waiver)), the Rating Agency and the Loan Agent (who shall provide to the Holders of the Class A-1 Loans) a copy of the executed supplemental indenture after its execution.


More Definitions of Class A-1 Loans

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. 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.
Sample 1

Related to Class A-1 Loans

  • Class A-1 Note means any of the 2.25000% 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 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 2.50000% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360‑day year).

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

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

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

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

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 3.23% per annum with respect to the Class A Notes.