Examples of Class A-1 Senior Notes in a sentence
An additional amount of interest (“Additional Class A-1 Senior Notes Commitment Fees Shortfall Interest”) shall accrue on the Class A-1 Senior Notes Commitment Fees Shortfall Amount for each subsequent Interest Period at the applicable Note Rate until the Class A-1 Senior Notes Commitment Fees Shortfall Amount is paid in full.
All Class A-1 Senior Notes of any Series shall be issued in the form of Definitive Notes.
The Master Issuer may not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any Class A-1 Senior Notes.
Prior to the Springing Amendments Implementation Date, the Master Issuer may not designate equity contributions as Retained Collections Contributions to the extent such equity contributions were funded by the proceeds of a draw under any Class A-1 Senior Notes.
On each Accounting Date, the Master Issuer shall determine the excess, if any (the “Class A-1 Senior Notes Commitment Fees Shortfall Amount”), of (i) Class A-1 Senior Notes Aggregate Quarterly Commitment Fees for the Interest Period ending most recently prior to the next succeeding Quarterly Payment Date over (ii) the amount that will be available to make payments on the Class A-1 Senior Notes in accordance with Section 5.10(d) on such Quarterly Payment Date.
The Trust resecuritized the Pooled Certificates and offered $98,500,000 Class A-1 Senior Notes with a fixed coupon rate of 7.17% (Fixed Rate Notes) and $137,500,000 Class A-2 Senior Notes with a variable coupon rate based on one-month LIBOR plus 115 basis points (Variable Rate Notes) (together, the Notes).
The Series 2019-1 Final Payment is anticipated to occur (i) with respect to the Series 2019-1 Class A-1 Notes, on the Series 2019-1 Class A-1 Senior Notes Renewal Date and (ii) with respect to the Series 2019-1 Class A-2 Notes, on the Quarterly Payment Date occurring in October 2029 (each such Quarterly Repayment Date, the “Series 2019-1 Anticipated Repayment Date” with respect to such Class).
If any Weekly Allocation Date occurs during a Rapid Amortization Period or Series 2022-1 Class A-1 Senior Notes Amortization Period, the Master Issuer shall instruct the Trustee in writing to allocate from the Collection Account for payment of principal on the Series 2022-1 Senior Notes the amounts contemplated by the Priority of Payments for such principal.
The initial Series 2019-1 Class A-1 Senior Notes Renewal Date will be the Quarterly Payment Date occurring in October 2024, unless extended as provided below in this Section 3.06(b).
From and after the Series 2012-1 Class A-1 Senior Notes Renewal Date, if the Series 2012-1 Final Payment has not been made, additional interest will accrue on the Series 2012-1 Class A-1 Outstanding Principal Amount (excluding any Undrawn L/C Face Amounts included therein) at an annual rate equal to 5% per annum (the “Series 2012-1 Class A-1 Post-Renewal Date Contingent Interest Rate”) in addition to the regular interest that will continue to accrue at the Series 2012-1 Class A-1 Note Rate.