Class A Commercial Paper definition

Class A Commercial Paper means the promissory notes of each Class A Noteholder issued by such Class A Noteholder in the commercial paper market and allocated to the funding of Class A Advances in respect of the Class A Notes.

Class A Commercial Paper means the promissory notes of each Class A Noteholder issued by such Class A Noteholder (or the Person(s) issuing promissory notes on behalf of such Class A Committed Noteholder) in the commercial paper market and allocated to the funding of Class A Advances in respect of the Class A Notes.

Class A Commercial Paper means the Class A-1 Commercial Paper and the Class A -2 Commercial Paper.

Examples of Class A Commercial Paper in a sentence

• A statement setting forth in reasonable detail the calculations of any Class A Commercial Paper Breakage Costs or Class A Eurodollar Breakage Costs payable pursuant to Section 2.06(d) or 2.06(e) submitted by a Managing Agent to the Transferor and the Servicer and shall be conclusive absent manifest error.

• In addition, each Funding Agent shall notify HVF, the Administrator and the Administrative Agent of the applicable CP Rate for each Advance made by its Investor Group and funded through the issuance of Class A Commercial Paper by 11:00 a.m. (New York time) on the Business Day of such Advance.

• Class A Commercial Paper Breakage Costs shall be due and payable on the first Distribution Date following the date of delivery of the certificate described in Section 2.06(f) with respect to such Class A Commercial Paper Breakage Costs.

• In addition, each Funding Agent shall notify the Co-Issuers, the Servicer and the Administrative Agent of the applicable CP Rate for each Series 2007-2 Advance made by its Investor Group and funded through the issuance of Class A Commercial Paper by 11:00 a.m. (New York time) on the second Business Day after the end of the applicable Interest Accrual Period.

More Definitions of Class A Commercial Paper

Class A Commercial Paper means the promissory notes of each Class A Noteholder issued by such Class A Noteholder (or the Person(s) issuing promissory notes on behalf of such Class A Committed Noteholder) in the commercial paper market and allocated to the funding of Class A Advances in respect of the Class A Notes. “Class A Commitment” means, the obligation of the Class A Committed Note Purchasers included in each Class A Investor Group to fund Class A Advances pursuant to Clause 2.2(a) (Class A Advances) of the Issuer Facility Agreement in an aggregate stated amount up to the Class A Maximum Investor Group Principal Amount for such Class A Investor Group. “Class A Commitment Percentage” means, on any date of determination, with respect to any Class A Investor Group, the fraction, expressed as a percentage, the numerator of which is such Class A Investor Group’s Class A Maximum Investor Group Principal Amount on such date and the denominator is the Class A Maximum Principal Amount on such date. “Class A Committed Note Purchaser” means those financial institutions that serve as committed note purchasers of Class A Notes set forth in Schedule 2 (Conduit Investors and Committed Note Purchasers) of the Issuer Facility Agreement. “Class A Committed Note Purchaser Percentage” means, with respect to any Class A Committed Note Purchaser, the percentage set forth opposite the name of such Class A Committed Note Purchaser on Schedule 2 (Conduit Investors and Committed Note Purchaser) of the Issuer Facility Agreement. 13 CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [*REDACTED*]. “Class A Concentration Adjusted Advance Rate” means in respect of a FleetCo and as of any date of determination,

Class A Commercial Paper has the meaning specified in the definition of Program Support Provider.