Class B Related Terms definition

Class B Related Terms means (i) the following defined terms: (a) Class B Adjusted Interest, Class B Cash Collateral Account, Class B Certificateholder, Class B Certificates, Class B Liquidity Expenses, Class B Liquidity Facility, Class B Liquidity Obligations, Class B Liquidity Provider, Class B Trust, Class B Trustee, Refinancing Certificateholders, Refinancing Certificates, Refinancing Equipment Notes, Refinancing Trust, Refinancing Trust Agreement, Refinancing Trustee and Series B Equipment Notes; and (b) Final Legal Distribution Date and Stated Interest Rate solely to the extent that such terms relate to the Class B Certificates or the Class B Liquidity Facility; and (ii) any other provision hereof (including any other defined term or term defined by reference to any Liquidity Facility) to the extent it applies to any of the terms specified in foregoing clause (i).
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Class B Related Terms. Has the meaning specified in the Intercreditor Agreement.
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Class B Related Terms means (i) the following defined terms: (a) Class B Adjusted Interest, Class B Cash Collateral Account, Class B Certificateholder, Class B Certificates, Class B Liquidity Expenses, Class B Liquidity Facility, Class B Liquidity Obligations, Class B Liquidity Provider, Class B Trust, Class B Trustee and Series B Equipment Notes, (b) Refinancing Certificateholders, Refinancing Certificates, Refinancing Equipment Notes, Refinancing Trust, Refinancing Trust Agreement and Refinancing Trustee (to the extent that such terms relate to the Class B Certificates, the Class B Liquidity Facility or the Series B Equipment Notes); and (c) Final Legal Distribution Date and Stated Interest Rate solely to the extent that such terms relate to the Class B Certificates or the Class B Liquidity Facility; and (ii) any other provision hereof (including any other defined term or term defined by reference to any Liquidity Facility) to the extent it applies to any of the terms specified in foregoing clause (i).
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Examples of Class B Related Terms in a sentence

  • The parties hereto agree that prior to such issuance, other than with respect to Section 8.02(ii) hereof, the Class B Related Terms shall be of no effect and shall be disregarded.

  • The parties hereto agree that prior to such issuance, the Class B Related Terms (other than as provided in Section 8.01(d) above and this Section 8.01(e)) shall be of no effect and shall be disregarded.

  • The Parties hereto acknowledge that the Class B Related Terms have been included herein and in the other Operative Agreements in contemplation of the issuance of Class B Certificates pursuant to Section 8.01(d) of the Intercreditor Agreement.

  • The parties hereto acknowledge that the Class B Related Terms and the correlative terms with respect to the Additional Certificates have been included herein and in the other Operative Agreements in contemplation of the issuance of Class B Certificates and Additional Certificates pursuant to Section 8.01(d) of the Intercreditor Agreement.

  • The parties hereto agree that prior to such issuance, other than with respect to Section 8.02(ii) hereof, the Class B Related Terms and such correlative terms shall be of no effect and shall be disregarded.

  • The parties hereto acknowledge that the Class B Related Terms have been included herein and in the other Operative Agreements in contemplation of the issuance of Class B Certificates pursuant to Section 8.01(d) of the Intercreditor Agreement.


More Definitions of Class B Related Terms

Class B Related Terms means (a) the following defined terms: Class B, Class B Advance, Class B Advance Amount, Class B Commitment Amount, Class B Commitment Fee, Class B Commitment Fee Rate, Class B Note and Required Class B Purchasers and (b) any other provision of any Finance Document (including any other defined term) to the extent it applies to any of the terms specified in foregoing clause (a).
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Class B Related Terms is deleted in its entirety.
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Related to Class B Related Terms

  • Class B-1 Pass-Through Rate For the first Distribution Date, 6.3300% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-1 Margin, (2) the Weighted Average Available Funds Cap for such Distribution Date and (3) the Weighted Average Maximum Rate Cap for such Distribution Date.

  • Class B-2 Pass-Through Rate For the first Distribution Date, 6.850% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-2 Margin,

  • Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.

  • Class B-3 Pass-Through Rate For the first Distribution Date, 4.120% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-3 Margin, (2) the Weighted Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.

  • Class B Pass-Through Rate As to any Distribution Date, 6.500% per annum.

  • Class D Certificate Any one of the Certificates with a “Class D” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class E Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • Accrued Class D Note Interest means, with respect to any Payment Date, the sum of the Class D Noteholders’ Monthly Accrued Interest for such Payment Date and the Class D Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Initial Class D Note Balance means $142,370,000.

  • Class D Note Balance means, at any time, the Initial Class D Note Balance reduced by all payments of principal made prior to such time on the Class D Notes.

  • Class B-1 Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Class C Pass-Through Rate For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.

  • Class B Interests As set forth in the Trust Agreement.

  • Accrued Class C Note Interest means, with respect to any Payment Date, the sum of the Class C Noteholders’ Monthly Accrued Interest for such Payment Date and the Class C Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Accrued Class B Note Interest means, with respect to any Payment Date, the sum of the Class B Noteholders’ Monthly Accrued Interest for such Payment Date and the Class B Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Class E Note Balance means, at any time, the Initial Class E Note Balance reduced by all payments of principal made prior to such time on the Class E Notes.

  • Initial Class C Note Balance means $152,941,000.

  • Class C Note Balance means, at any time, the Initial Class C Note Balance reduced by all payments of principal made prior to such time on the Class C Notes.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).

  • Class D Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount under Section 4.4 of the Indenture Supplement before that date.