Class B3 Notes definition

Class B3 Notes means the £104,000,000 Class B3 Floating Rate First Mortgage Debentures due 2037 issued by the Issuer;
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Class B3 Notes means the [POUND]101,000,000 Class B3 Floating Rate Asset Backed Notes due 2012;
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Examples of Class B3 Notes in a sentence

  • We also refer to the notice given by the Issuer to the holders of the Notes dated 14 October 2019 (the Notice) of the proposed Refinancing of the Class A Notes, the Class B-1 Notes and the Class B-3 Notes (the Refinanced Notes) pursuant to Condition 7(b)(ii) (Optional Redemption by Refinancing) to be effected on 30 October 2019 (the Proposed Refinancing).

  • 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 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.

  • 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.

  • On 29 January 2021, the Group issued £280m of Class B3 Notes at an interest rate of 6.50%.

  • Furthermore, the holders of any of the Class A-1 Notes, the Class A-2 Notes, the Class B-1 Notes, the Class B-2 Notes, the Class B-3 Notes, the Class C Notes or the Class D Notes in the form of IM Non-Voting Exchangeable Notes or IM Non-Voting Notes are disenfranchised in respect of any IM Removal Resolution or IM Replacement Resolution.

  • 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.

  • ADDITIONAL RETURNMeans (i) on each Payment Date on which the Pre-Acceleration Order of Priority applies, (a) in respect of the Class B1 Notes, the Class B1 Notes Additional Return, (b) in respect of the Class B2 Notes, the Class B2 Notes Additional Return, and (c) in respect of the Class B3 Notes, the Class B3 Notes Additional Return, and (ii) on each Payment Date on which the Acceleration Order of Priority applies, the Class B Notes Additional Return.

  • In relation to any Interest Determination Date, if EURIBOR in respect of any Floating Rate Notes (other than the Class B-3 Notes and the Class C-2 Notes during the Non-Call Period only, provided that the Interest Amount payable in connection with such Classes shall be subject to a minimum of zero) would yield a rate less than zero, such EURIBOR rate shall be deemed to be zero.

Related to Class B3 Notes

  • 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.

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

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

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

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

  • 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.

  • 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-2a Notes means the Class A-2a 5.05% Asset-Backed Notes, substantially in the form of Exhibit A-2a to the Indenture.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

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

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

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

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

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

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

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

  • Initial Class A-2 Note Balance means $235,000,000.

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

  • Initial Class A-4 Note Balance means $115,000,000.

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

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

  • Initial Class D Note Balance means $13,564,000.

  • 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.