Class B-3 Note definition

Class B-3 Note. Any of the Class B-3 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-3 Note means any one of the Class B-3 Notes executed and authenticated by the Indenture Trustee, substantially in the form of Exhibit D-3 to the Indenture.
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Examples of Class B-3 Note in a sentence

  • So long as the Class B-3 Notes are listed on the Luxembourg Stock Exchange and the rules of that stock exchange so require, notices to Class B-3 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-3 Note Rate.

  • On each LIBOR Determination Date, the Calculation Agent shall determine the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for the next succeeding Series 2005-2 Interest Period and deliver notice of the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate to the Trustee and the Administrator.

  • BNY MTC is hereby appointed Calculation Agent for the purpose of determining the Class B-1 Note Rate and the Class B-3 Note Rate for each Series 2005-3 Interest Period.

  • On each LIBOR Determination Date, the Calculation Agent shall determine the Class B-1 Note Rate and the Class B-3 Note Rate for the next succeeding Series 2005-3 Interest Period and deliver notice of the Class B-1 Note Rate and the Class B-3 Note Rate to the Trustee and the Administrator.

  • BNY MTC is hereby appointed Calculation Agent for the purpose of determining the Class A-1 Note Rate, the Class A-2 Note Rate, the Class A-4 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for each Series 2005-1 Interest Period.

  • BNY MTC is hereby appointed Calculation Agent for the purpose of determining the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for each Series 2005-2 Interest Period.

  • On each LIBOR Determination Date, the Calculation Agent shall determine the Class A-1 Note Rate, the Class A-2 Note Rate, the Class A-4 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for the next succeeding Series 2005-1 Interest Period and deliver notice of the Class A-1 Note Rate, the Class A-2 Note Rate, the Class A-4 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate to the Trustee and the Administrator.

  • Upon termination of the Trust, the Indenture Trustee shall release any remaining Trust Property to the Trust Certificate 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.

  • Continuing Interest Holders and Class B3 Note Holders will be subject to the payment obligations and default provisions set forth in Section 4.11(b) of the Plan.

  • 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.

Related to Class B-3 Note

  • Class A-3 Note means any of the ___% Asset Backed Notes, Class A-3, issued under the Indenture.

  • Class A-4 Note means any of the 3.11% Asset Backed Notes, Class A‑4, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-2 Note means any of the 0.36% Asset Backed Notes, Class A‑2, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • 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.

  • Class M-1 Interest Carry Forward Amount As of any Distribution Date, the sum of (1) the excess of (A) the Class M-1 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class M-1 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class M-1 Pass-Through Rate for the related Accrual Period.

  • Class M-2 Interest Carry Forward Amount As of any Distribution Date, the sum of (1) the excess of (A) the Class M-2 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class M-2 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class M-2 Pass-Through Rate for the related Accrual Period.

  • Class C Note means any one of the Series 2024-1 6.48% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

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

  • Class A-1 Note means any of the 0.23000% Asset Backed Notes, Class A-1, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class B-3 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-3 and Exhibit C hereto. Class B-3 Certificateholder: The registered holder of a Class B-3 Certificate.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Class B-3 Principal Balance As to the first Determination Date, the Original Class B-3 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-3 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-3 Certificates on prior Distribution Dates (A) pursuant to Paragraph thirteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-3 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance and the Class B-2 Principal Balance as of such Determination 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.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class B-1 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 Certificate.

  • Original Class B-3 Principal Balance The Class B-3 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • Class B-1 Principal Balance As to the first Determination Date, the Original Class B-1 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-1 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-1 Certificates on prior Distribution Dates (A) pursuant to Paragraph seventh of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-1 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance as of such Determination Date.

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

  • 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 C Notes has the meaning assigned to such term in the Indenture.

  • Class A-3 Principal Balance as of any date means the Class A‑3 Initial Principal Balance less all amounts paid to the holders of Class A‑3 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class B-2 Principal Balance As to the first Determination Date, the Original Class B-2 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-2 Certificates on prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-2 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance and the Class B-1 Principal Balance as of such Determination Date.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-2a Notes means the $359,000,000 Class A-2a 5.14% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.