Examples of Class B-3 Notes in a sentence
The Class B3 Notes would attract a make-whole payment if they were to be redeemed before 31 January 2023, thereafter any voluntary repayment would be made at a fixed premium until 31 January 2025 after which there would be no premium to pay on redemption.
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.
The Class B3 Notes have first ranking security over the assets of the immediate parent undertaking of the AA Intermediate Co Limited group, AA Mid Co Limited.
The gross proceeds of the issuance of the Class B3 Notes were held in escrow for the benefit of the Class B3 Noteholders until the completion of the acquisition.
The Class B2 Notes and Class B3 Notes have first ranking security over the assets of the immediate parent undertaking of the AA Intermediate Co Limited group, AA Mid Co Limited.
The Class A facility security over the AA Intermediate Co Limited group’s assets ranks ahead of the Class B2 Notes and Class B3 Notes.
This matched the presentation as a current asset of the £280,000k proceeds of Class B3 Notes issuance held in escrow (see below).
The Class A Notes, the Class B-1 Notes, the Class B-2 Notes and the Class B-3 Notes are collectively referred to as the "Notes." The Notes were issued pursuant to an Indenture, dated as of December 1, 1998 (the "Indenture"), among the Trust, First Sierra, as servicer and as originator, and Bankers Trust Company, as indenture trustee (the "Indenture Trustee").
Although no transaction closely comparable to the transactions contemplated by the Indenture has been the subject of any Treasury regulation, revenue ruling, or judicial decision, subject to the assumptions and qualifications set forth below, it is our opinion that, for Federal income tax purposes, the Notes, other than the Class B-3 Notes, will be characterized as indebtedness.
All Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes shall be substantially in the forms set forth in Exhibits C-1, C-2, C-3 and C-4 hereto, respectively, all Class B-1 Notes shall be substantially in the form set forth in Exhibit D-1 hereto, all Class B-2 Notes shall be substantially in the form set forth in Exhibit D-2 hereto, all Class B-3 Notes shall be substantially in the form set forth in Exhibit D-3 hereto.