Class A-5 Notes definition

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-5 Notes means the 6.760% Asset Backed Notes, Class A-5, substantially in the form of Exhibit A to the Indenture.
Class A-5 Notes means the $159,722,000 aggregate initial principal amount Class A-5 Floating Rate Asset Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-5 to the Indenture.

Examples of Class A-5 Notes in a sentence

  • The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of its Note, agree to treat for federal, state and local income, business and franchise tax purposes: (i) the Notes as indebtedness of the Issuer and (ii) the Class A-5 Notes and the Class A-IO Notes as a single debt instrument.

  • As of any date of determination, the Notional Amount of the Class A-IO Notes shall equal the aggregate principal amount of the Class A-5 Notes; provided, however after March 25, 2010, the Notional Amount of the Class A-IO Notes shall equal $0.


More Definitions of Class A-5 Notes

Class A-5 Notes. The Class A-5 GMACM Home Equity Loan-Backed Notes, Series 2002-HE2, in substantially the form set forth in Exhibit A to the Indenture.
Class A-5 Notes means the Class A-5 Notes issued pursuant to the Indenture, substantially in the form of Exhibit A-5 thereto
Class A-5 Notes means the $[ ] aggregate principal amount of [ ]% Receivable-Backed Notes, Class A-5, issued pursuant to the Indenture.
Class A-5 Notes means the Class A-5 Asset-Backed Notes substantially in the form of Exhibit C-5.
Class A-5 Notes means the €410,000,000 Reset Rate Class A-5 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibits A-5, A-6 and A-7 thereto.
Class A-5 Notes means Notes of the Issuer designated as "PNC Student Loan Trust I, Series 1997-2, Senior Fixed Rate Class A-5 Asset Backed Notes."
Class A-5 Notes. Class A-6 Notes", "Class A-IO Notes", "Class B-1 Notes", "Class B-2 Notes", "Class M-1 Notes" and "Class M-2 Notes" shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause of this Indenture.