Class C-2 Notes definition

Class C-2 Notes has the meaning set forth in the first recital.

Class C-2 Notes means any one of the Class C-2 Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-3.

Class C-2 Notes means the Class C-2 Deferrable Fifth Priority Secured Fixed/Floating Rate Notes due February 5, 2036, issued by the Co-Issuers on the Closing Date, that bear interest at a fixed rate per annum equal to 5.941% for the period from the Closing Date to the last day of the Interest Period ending immediately prior to the Distribution Date in November 2010, and a floating rate per annum equal to LIBOR plus 1.60% at all times thereafter.

Examples of Class C-2 Notes in a sentence

• Collectively, the Class C-1 Notes, the Class C-2 Notes, the Class D Notes, the Class E Notes and the Class EF Notes.

• The(i) Prior to the First Refinancing Date, the Class C-1 Notes and the Class C-2 Notes, collectively and (ii) after the First Refinancing Date, the Class C-R Notes.

• The Class A-1X Notes, the Class A-2 Notes, the Class B-1 Notes, the Class B-2 Notes, the Class C-1 Notes and the Class C-2 Notes.

• Collectively, the Note Interest Rates for the Secured Notes other than the Class B-2 Notes and Class C-2 Notes.

• If any Event of Default has occurred and has not been cured or waived and acceleration occurs in accordance with the Conditions and the Trust Deed, the Class C-2 Notes shall be paid in full in Cash or, to the extent 662/3% of the outstanding principal amount of the Class C-2 Notes consent, other than in Cash, before any further payment or distribution is made on account of the Class C-2 Subordinate Interests.

More Definitions of Class C-2 Notes

Class C-2 Notes has the meaning set forth in the preamble.

Class C-2 Notes. The Class C-2 Secured Deferrable Fixed Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3.

Class C-2 Notes. The Class C-2 Secured Deferrable Floating Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3.

Class C-2 Notes. The Class C-1 Notes and the Class C-2 Notes are referred to herein collectively as the “Class C Notes”. The Class A Notes, the Class B Notes and the Class C Notes, if issued, are referred to herein collectively as the Series 2013-1 Notes. The Series 2013-1 Notes shall be issued in minimum denominations of $100,000 and integral multiples of $1,000 in excess thereof. The net proceeds from the sale of the Class A Notes and the Class B Notes shall be deposited in the Series 2013-1 Excess Collection Account on the Series 2013-1 Closing Date and applied in accordance with this Series Supplement.

Class C-2 Notes means ACAS Business Loan Trust 2003-1, Class C-2 Fixed Rate Asset Backed Notes, Series 2003-1, issued pursuant to the Indenture.

Class C-2 Notes means, collectively, the Class C-2A Notes and the Class C-2B Notes.

Class C-2 Notes means any one of the [___]% Rental Car Asset Backed Notes, Class C-2, executed by RCFC and authenticated and delivered by or on behalf of the Trustee, substantially in the form of Exhibit C-2, Exhibit C-5 or Exhibit C-8. Definitive Class C-2 Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.