Class B-1 Note definition

Class B-1 Note. Any of the Class B-1 Notes as designated on the face thereof, executed by the Issuer and authenticated and delivered by the Securities Administrator, substantially in the form annexed as Exhibit A-2 of the Indenture.

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Class B-1 Note. Any one of the Class B-1 Notes executed, authenticated and delivered by the Indenture Trustee, substantially in the form annexed as Exhibit A-3 to the Indenture.

Class B-1 Note means an Auction Rate Class B-1 Note issued pursuant to the Indenture, substantially in the form of Exhibit A-7 thereto.

Examples of Class B-1 Note in a sentence

In lieu of such Opinion of Counsel, a Person acquiring a Class B-1 Note may provide a certification in the form attached to the Indenture, which the Depositor, the Owner Trustee, the Indenture Trustee, the Note Registrar and the Master Servicer may rely upon without further inquiry or investigation.
So long as the Class B-1 Notes are listed on the Luxembourg Stock Exchange and the rules of that stock exchange so require, notices to Class B-1 Noteholders will be published in a leading newspaper having general circulation in Luxembourg (which is expected to be the Luxemburger Wort), it being understood that the term “notices” as it is used in this clause shall not include communications of the Class B-1 Note Rate.
All terms used in this Class B-1 Note that are defined in the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended.
Class B-1 Note......................................................................................
The Temporary Global Class B-1 Note and the Temporary Global Class B- 2 Note are collectively referred to herein as the "Temporary Global Class B Notes".
The Class B-1 Notes are issuable only as registered Class B-1 Notes without coupons in minimum denominations of $1,000 of the Initial Class B-1 Note Principal Amount.
This Class B-1 Note is one of the duly authorized Class B-1 Notes designated as "6.610% Equipment Contract Backed Notes of First Sierra Equipment Contract Trust 1999-1, Class B-1" (the "Class B-1 Notes").
The Indenture Trustee shall, upon the written instruction of the Trust, in exchange for the Pledged Property, authenticate and deliver the Class A Notes and the Subordinate Notes executed by the Trust in authorized denominations equaling in the aggregate the Initial Class A Note Principal Balance, the Initial Class B-1 Note Principal Balance, the Initial Class B-2 Note Principal Balance and the Initial Class B-3 Note Principal Balance.
Issuer, Transferor, Indenture Trustee and any agent of Issuer, Transferor or Indenture Trustee shall treat the person in whose name this Class B-1 Note is registered as the owner hereof for all purposes, and neither Issuer, Transferor, Indenture Trustee nor any agent of Issuer, Transferor or Indenture Trustee shall be affected by notice to the contrary.
Upon termination of the Trust, the Indenture Trustee shall release any remaining Trust Property to the Residual Holder but not if the Class A Note Principal Balance, the Class B-1 Note Principal Balance, the Class B-2 Note Principal Balance and the Class B-3 Note Principal Balance have not been reduced to zero or any amounts are owing to the Note Insurer or the Indenture Trustee.

More Definitions of Class B-1 Note

Class B-1 Note means any one of the Class B-1 Notes executed and authenticated by the Indenture Trustee, substantially in the form of Exhibit D-1 to the Indenture

Class B-1 Note means the $52,733,000 aggregate initial principal amount of Class B-1 3.16% Asset Backed Notes issued by the Trust pursuant to the Indenture, substantially in the Form of Exhibit B-1 to the Indenture.

Class B-1 Note. Any Note designated as a “Class B-1 Note” on the face thereof, in the form of Exhibit A-3 hereto, representing the right to payments as set forth herein.

Class B-1 Note means a Class B-1 Note issued pursuant to the Indenture, substantially in the form of Exhibit A-4 thereto.

Class B-1 Note. Any one of the Notes designated on the face thereof as a Class B-1 Note, executed by the Owner Trustee, on behalf of the REMIC Trust, and authenticated and delivered by the Indenture Trustee, in the form attached as an exhibit to the REMIC Indenture, and evidencing a Regular Interest in the REMIC Trust for purposes of the REMIC Provisions.

Class B-1 Note. Rate" means 7.340% per annum.