Class B Equipment Notes definition

Class B Equipment Notes with respect to a Series, means the Classes of Notes identified as such in the related Series Supplement.

Examples of Class B Equipment Notes in a sentence

  • Payment of the Class B Purchase Right Outstanding Priority Balance will in each case be made ratably by each Class B Purchaser based on the ratio of the Outstanding Principal Balance of the Class B Equipment Notes held by such Class B Purchaser to the Outstanding Principal Balance of the Class B Equipment Notes held by all Class B Purchasers.

  • The Company will also cause to be paid all expenses incident to the performance of its obligations under the Class B Equipment Notes and the Operative Documents and each of the other agreements and instruments referred to therein.

  • This Agreement, the Class B Equipment Notes and the Operative Documents to which the Company is, or is to be, a party have been duly authorized by the Company.

  • The Class B Equipment Notes will be (subject to the satisfaction of conditions precedent set forth in the Note Purchase Agreement and the Participation Agreements) duly executed and delivered by the Company at or prior to the applicable Closing Date (as defined in the applicable Participation Agreement).

  • The Class B Certificates, the Class B Equipment Notes, the Escrow Receipts and the Operative Documents will conform in all material respects to the descriptions thereof in the General Disclosure Package and the Final Prospectus.

  • The rights of the Class C Purchasers pursuant to this Section 4.12 shall continue regardless of whether any Noteholder of Class B Equipment Notes previously exercised the Class B Purchase Right pursuant to Section 4.11.

  • The rights of the Class C Purchasers pursuant to this Section 4.12 shall continue regardless of whether any Holder of Class B Equipment Notes previously exercised the Class B Purchase Right pursuant to Section 4.11.

  • Following all Class C Purchasers’ payment of their portion of the Class C Purchase Right Outstanding Priority Balance, each applicable Class C Purchaser shall be the Noteholder of the applicable Class A Equipment Notes and Class B Equipment Notes and shall be entitled to all rights and interests to which a Noteholder of the Class A Equipment Notes and the Class B Equipment Notes would be entitled.

  • The rights of the Class E Purchasers pursuant to this Section 4.13 shall continue regardless of whether (x) any Holder of Class B Equipment Notes previously exercised the Class B Purchase Right pursuant to Section 4.11 or (y) any Holder of Class C Equipment Notes previously exercised the Class C Purchase Right pursuant to Section 4.12.

  • The Class B Certificates, the Class B Equipment Notes and the Operative Documents will conform in all material respects to the descriptions thereof in the General Disclosure Package and the Final Prospectus.

Related to Class B Equipment Notes

  • Series B Equipment Notes means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • Series A Equipment Notes means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • Equipment Notes means and includes any equipment notes issued under any Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of such Indenture) and any Equipment Note issued under any Indenture in exchange for or replacement of any other Equipment Note.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Refinancing Equipment Notes and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • B Notes means each of Note B-1 and Note B-2.

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

  • 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 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-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Replacement Notes means Notes issued to the Beneficial Owners of the Notes in accordance with Article II hereof.

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

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

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

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

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

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