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.