Class A-1a Notes definition

Class A-1a Notes means the $1,069,212,000 Class A-1a 4.17% Asset Backed Notes issued by the Trust, substantially in the form of Exhibit A to this Indenture.

Class A-1a Notes means the $1,226,000,000 Class A-1a 3.23% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Examples of Class A-1a Notes in a sentence

Interest on the Notes for each Interest Period will be calculated on the basis of (i) in the case of the Class A-1a Notes, the Class B Notes and the Class C Notes, a 360-day year consisting of twelve 30-day months and (ii) in the case of the Class A-1b Notes, a 360-day year and the actual number of days elapsed in the related Interest Period.
Class A-1a Notes 4.62% $816,010,000 Class A-1b Notes Compounded SOFR* + 0.42% $75,000,000 Class B Notes 4.82% $68,120,000 Class C Notes 4.99% $40,870,000 __________________ * Upon the occurrence of a Benchmark Transition Event, Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of this Indenture.
Class A-1a Notes 4.17% $1,069,212,000 Class A-1b Notes Compounded SOFR* + 0.67% $267,300,000 Class B Notes 4.42% $102,180,000 Class C Notes 4.67% $61,308,000 __________________ * Upon the occurrence of a Benchmark Transition Event, Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of this Indenture.

Class A-1a Notes means the $[__] Class A-1[a] [__]% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class A-1a Notes. The Class A-1A Senior Secured Floating Rate Term Notes due 2037, issued by the Issuer pursuant to this Indenture.

Class A-1a Notes has the meaning set forth in the first recital.

Class A-1a Notes means the $135,000,000 Taxable Student Loan Asset-Backed Notes, Senior Series 2021-1A-1A issued by the Authority pursuant to this Indenture, substantially in the form of Exhibit A-1 hereto.

Class A-1a Notes means the Class A-1A First Priority Senior Secured Floating Rate Notes due February 5, 2036, issued by the Co-Issuers on the Closing Date, that bear interest at a floating rate per annum equal to LIBOR plus .40%.

Class A-1a Notes. The Class A-1A Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.

Class A-1a Notes has the meaning set forth in Recital H hereof.]