Class C Note Rate means 3.48% per annum.
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 C Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].
Class C Notes has the meaning assigned to such term in the Indenture.
Initial Class C Note Balance means $152,941,000.
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.
Class D Notes has the meaning assigned to such term in the Indenture.
Initial Class D Note Balance means $142,370,000.
Class C Note means any one of the Series 2024-1 6.48% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.
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 A-4 Note Interest Rate means a rate per annum equal to 2.11%.
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 C Noteholders means the holders of any Class C Notes from time to time.
Initial Note A-4 Holder shall have the meaning assigned to such term in the preamble to this Agreement.
Initial Class A-4 Note Balance means $75,000,000.
Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.
Initial Note Balance means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance, the Initial Class B Note Balance, the Initial Class C Note Balance, the Initial Class D Note Balance or the Initial Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing.
Accrued Class A Note Interest means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Accrued Interest for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.
Class A-3 Note Interest Rate means a rate per annum equal to %.
Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.
Class D Noteholders means the holders of any Class D Notes from time to time.
Class A-2 Note Interest Rate means a rate per annum equal to %.
Initial Note A-5 Holder shall have the meaning assigned to such term in the preamble to this Agreement.
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.
Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.
Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.