Class B-2 Noteholders definition

Class B-2 Noteholders means the holders of any Class B-2 Notes from time to time.
Class B-2 Noteholders means the Holders of the Class B-2 Notes.
Class B-2 Noteholders means the several persons who are for the time being the holders of the Class B-2 Notes, which expression shall, whilst any Class B-2 Regulation S Global Certificate and/or Class B-2 Rule 144A Global Certificate remains Outstanding, mean in relation to the Class B-2 Notes represented thereby, each person who is for the time being shown in the records of the Clearing System through which interests in the Class B-2 Regulation S Global Certificate and/or the Class B-2 Rule 144A Global Certificate, as applicable, are held as the holder of a particular principal amount of such Class B-2 Notes for all purposes (in which regard any certificate or other document issued by the Clearing System as to the principal amount of Class B-2 Notes represented by the Global Certificate standing to the account of any person shall be conclusive and binding for all purposes) other than with respect to the payment of any principal and interest on such Class B-2 Notes, the right to which shall be vested, as against the Issuer, solely in the registered owner of the Class B-2 Regulation S Global Certificate and/or the Class B-2 Rule 144A Global Certificate, as applicable, in accordance with and subject to its terms and the terms of this Trust Deed and “holder” (in respect of the Class B-2 Notes) shall be construed accordingly.

Examples of Class B-2 Noteholders in a sentence

  • To the extent that any losses are incurred by the Issuer in respect of any Collateral, such losses will be borne first by holders of the Class C Subordinated Notes, then by the Class B-2 Noteholders, then by the Class B-1 Noteholders, then by the Class A-3 Noteholders, then by the Class A-2 Noteholders and, finally, by the Class A-1 Noteholders.

  • To the extent that any losses are incurred by the Issuer in respect of any Collateral, such losses will be borne first by the Subordinated Noteholders, then by the Class F Noteholders, then by the Class E Noteholders, then by the Class D Noteholders, then by the Class C-1 Noteholders and the Class C-2 Noteholders (on a pari passu basis), then by the Class B-1 Noteholders and the Class B-2 Noteholders (on a pari passu basis), and, finally, by the Class A Noteholders.

  • The Company acknowledges that its obligation to make the Guaranty Payments described in subsection (a) above shall be deemed a guaranty by the Company of that portion of the Obligors' obligations under the Contracts that is allocable to the Class B-2 Noteholders.

  • To the extent that any losses are incurred by the Issuer in respect of any Collateral, such losses will be borne first by the Subordinated Noteholders, then by the Class F Noteholders, then by the Class E Noteholders, then by the Class D Noteholders, then by the Class C Noteholders, then by the Class B-1 Noteholders and the Class B-2 Noteholders (on a pari passu basis), and, finally, by the Class A Noteholders.

  • The Company acknowledges that its obligation to make the Guaranty Payments described in subsection (a) above shall be deemed a guaranty by the Company of that portion of the Obligors' obligations under the Loans that is allocable to the Class B-2 Noteholders.

  • Class B Mortgagees means together: (a) the Note Trustee on behalf of the Class B1 Noteholders, and, if the Note Trustee has become bound to take steps and/or to proceed under this deed and fails to do so within a reasonable time and such failure is continuing, the Class B1 Noteholders, and then only if and to the extent the Class B1 Noteholders are able to do so under Australian law; and (b) the Class B2 Noteholders.

  • If no Holder of the Class B-1 Notes exercises its rights to purchase the Collateral within ten (10) Business Days of the Collateral Purchase Notice Date, the Trustee shall notify each Class B-2 Noteholder of the highest offer and any one or more Class B-2 Noteholders will then have the sole right to purchase (not later than five Business Days after delivery of written notice to the Trustee of exercise of each right to purchase) the Collateral at the highest price there offered.

  • The Borrower will not permit the Consolidated First Priority Net Leverage Ratio as of the last day of a Test Period (commencing with the Test Period ending September 30, 2013) to exceed 5.50 to 1.00.

  • Liquidation of the Collateral at such time or remedies pursued by the Trustee upon enforcement of the security over the Collateral in such circumstances could be adverse to the interests of the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders, the Class B-1 Noteholders, the Class B-2 Noteholders or the holders of Class C Subordinated Notes, as the case may be.

  • Such shortfall will be borne (as amongst the Noteholders) by: (a) firstly, the Subordinated Noteholders; (b) secondly, the Class F Noteholders; (c) thirdly, the Class E Noteholders; (d) fourthly, the Class D Noteholders; (e) fifthly, the Class C-1 Noteholders and the Class C-2 Noteholders (on a pari passu basis); (f) sixthly, the Class B-1 Noteholders and the Class B-2 Noteholders (on a pari passu basis); and (g) lastly, the Class A Noteholders, in each case in accordance with the Priorities of Payment.


More Definitions of Class B-2 Noteholders

Class B-2 Noteholders means the registered holders of the Class B-2 Notes from time to time.

Related to Class B-2 Noteholders

  • Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.

  • A-2 Noteholders means the holders of record of the A-2 Notes.

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Class A-2 Noteholder means the Person in whose name a Class A-2 Note is registered on the Note Register.

  • Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class D Noteholders means the holders of any Class D Notes from time to time.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • Class A-2a Noteholder means the Person in whose name a Class A-2a Note is registered in the Note Register.

  • 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-4 Noteholder means the Person in whose name a Class A-4 Note is registered in the Note Register.

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

  • 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.

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

  • Class A-2b Noteholder means the Person in whose name a Class A-2b Note is registered in the Note Register.

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

  • Class B Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • 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 A Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class A Noteholders’ Interest Distribution Amount and the Class A Noteholders’ Principal Distribution Amount for that distribution date.

  • Initial Class C Note Balance means $152,941,000.

  • Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.

  • Class C Note Balance means, at any time, the Initial Class C Note Balance reduced by all payments of principal made prior to such time on the Class C Notes.