Class A-2 Advance definition

Class A-2 Advance means the amount requested by the Investment Manager on behalf of the Issuer pursuant to the Investment Management Agreement to be advanced by the Class A-2 Noteholders pursuant to the Class A-2 Note Purchase Agreement to which they are party.
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Class A-2 Advance and collectively the “Class A-2 Advances”), in each case from time to time on any date (each such date on which an Advance is made, an “Advance Date”) during the period from the Effective Date to the end of the Revolving Period; provided that there shall be no more than two (2) Advance Dates during any calendar week.
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Class A-2 Advance means each advance denominated in Euro under the Class A-2 Notes pursuant to a Class A-2 Advance Request.
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Examples of Class A-2 Advance in a sentence

  • After such designation or assignment, such Class A-2 Advance shall be a term loan hereunder.

  • With respect to any Class A-2 Advance, such Class A-2 Lender shall have received evidence that such Class A-2 Advance has been rated at least A2 by Morningstar on the date such Class A-2 Lender became a party to this Agreement.

  • The amount of each Advance shall be allocated among the Lenders pro rata based on the aggregate unfunded Commitments (excluding Class A-2 Commitments designated or assigned as term loans pursuant to Section 2.9, to which no allocation shall be made) as of the proposed Advance Date as a Class A-1 Advance and a Class A-2 Advance.

  • With respect to any Class A-2 Advance, such Class A-2 Lender shall have received evidence that such Class A-2 Advance has been rated at least A by Morningstar on the date such Class A-2 Lender became a party to this Agreement.

  • The amount of each Advance shall be allocated pro rata based on the aggregate Commitments as a Class A-1 Advance and a Class A-2 Advance.

  • On the Class A-2 Final Funding Date, the Class A-2 Noteholders will be required to make a Class A-2 Advance equal to the Class A- 2 Undrawn Amount on such date and the Class A-2 Commitment shall be cancelled.

  • The amount of each Advance shall be allocated pro rata based on the aggregate unfunded Commitments (excluding Class A-2 Commitments designated or assigned as term loans pursuant to Section 2.9, to which no allocation shall be made) as of the proposed Advance Date as a Class A-1 Advance and a Class A-2 Advance.

  • The Class A-2 Noteholders will be required to make their Pro Rata Share of each Class A-2 Advance to the Issuer.

  • Upon receipt of written notice from the Co-Issuers or the Series 2008-1 Class A-2 Note Administrative Agent of any Series 2008-1 Class A-2 Advance, the Trustee shall indicate in its books and records the amount of such Series 2008-1 Class A-2 Increase.

  • With respect to any Class A-2 Advance, such Class A-2 Lender shall have received evidence that such Class A-2 Advance has been rated at least A by Morningstar on the date such Class A-2 Lender became a party to this Agreement.Section 6.3 Transfer of Collateral Obligations and Permitted Investments.


More Definitions of Class A-2 Advance

Class A-2 Advance means each advance made by a Class A-2 Noteholder to the Issuer pursuant to the Class A-2 Note Purchase Agreement in respect of the Class A-2 Notes (which for the avoidance of doubt shall not include a Class A-2 Downgrade Draw but which shall include amounts in respect of the Class A-2 Notes withdrawn from the Noteholder Collateral Account pursuant to Condition 4(j)(xiii) (Noteholder Collateral Account)).
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Related to Class A-2 Advance

  • Class A-2 Note Rate means, for (i) the initial Series 2005-1 Interest Period, 2.71% per annum and (ii) any other Series 2005-1 Interest Period, the sum of 0.06% plus LIBOR for such Series 2005-1 Interest Period.

  • 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 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 A-2 Note means any of the 0.36% Asset Backed Notes, Class A‑2, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-1 Note Rate means, (i) with respect to the initial Series 2003-2 Interest Period, 1.32% per annum and (ii) with respect to each Series 2003-2 Interest Period thereafter, a rate per annum equal to One-Month LIBOR for such Series 2003-2 Interest Period plus 0.20% per annum.

  • Class A-1 Note means any of the 0.23000% Asset Backed Notes, Class A-1, issued under the Indenture, substantially in the form of Exhibit A to 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-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

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

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

  • 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.

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

  • Class A-1 Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed and a 360-day year).

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Initial Class A-2 Note Balance means $235,000,000.

  • Class A-2 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-2 Rate and (B) the outstanding principal balance of the Class A-2 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-2 Notes on or before such preceding Distribution Date).

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

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

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A-3 Interest Rate means 1.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

  • Initial Class A-4 Note Balance means $75,000,000.

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • 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-2 Component The Component having such designation.