Class B Notes definition

Class B Notes has the meaning assigned to such term in the Indenture.
Class B Notes means the Class of Auto Loan Asset Backed Notes designated as Class B Notes, issued in accordance with the Indenture.
Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

Examples of Class B Notes in a sentence

  • Irish Ring Receivables Purchaser DAC acknowledges that receipt of payment of an amount equal to the Series 2024-2 Class B Purchase Price by RBC will discharge the Issuer from its obligation to pay the Series 2023-1 Class B Notes Redemption Amount towards Irish Ring Receivables Purchaser DAC.

  • Such payment shall discharge RBC from its obligation to pay the Series 2024-2 Class B Notes Purchase Price towards the Issuer.

  • RBC, Irish Ring Receivables Purchaser DAC and the Issuer agree that the Series 2023-1 Class A Notes Redemption Amount and the Series 2024-2 Class A Notes Purchase Price as well as the Series 2023-1 Class B Notes Redemption Amount and the Series 2024-2 Class B Notes Purchase Price shall be fully netted.


More Definitions of Class B Notes

Class B Notes means the Class B Asset Backed Notes, substantially in the form of Exhibit B.
Class B Notes means the [__]% Asset Backed Notes, Class B, substantially in the form of Exhibit A-6.
Class B Notes. The 2.40% Asset Backed Notes, Class B in the initial aggregate principal balance of $11,760,000 issued pursuant to the Indenture.
Class B Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A‑3.
Class B Notes means the $ Class B % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit B to the Indenture.
Class B Notes means the $47,360,000 Class B 3.25% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.
Class B Notes means the Class B 0.00% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.