Class C Notes Principal definition

Class C Notes Principal means with respect to any Payment Date
Sample 1Sample 2Sample 3
Class C Notes Principal means, with respect to any Settlement Date: prior to the occurrence of a Pro Rata Payment Trigger Event and on or after the occurrence of a Sequential Payment Trigger Event, all or a portion of the Principal Amount Outstanding of the Class C Notes to be paid in accordance with the Sequential Amortisation Period Priority of Payments; on or after the occurrence of a Pro Rata Payment Trigger Event but prior to the occurrence of a Sequential Payment Trigger Event the lesser of: the Principal Amount Outstanding of the Class C Notes; and the Pro Rata Principal Payment Amount, allocated to the Class C Notes,in each case, to be paid in accordance with the Pro Rata Amortisation Period Priority of Payments; and upon a Notes Acceleration Notice being served by the Security Trustee, all or a portion of the Principal Amount Outstanding of the Class C Notes to be paid in accordance with the Accelerated Amortisation Period Priority of Payments.
Sample 1Sample 2
Class C Notes Principal means, with respect to any Payment Date, all or a portion of the Class C Principal Amount to be paid in accordance with the applicable Priority of Payments;
Sample 1Sample 2

Related to Class C Notes Principal

  • Class C 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 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 Rate means 3.48% per annum.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Class C Note Initial Principal Balance means $18,948,000.

  • Class A-3 Note means any of the ___% Asset Backed Notes, Class A-3, issued under 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 Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Class A Note means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a Class A-4 Note.

  • 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-1 Note means any of the 0.23000% Asset Backed Notes, Class A-1, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class A-4 Note means any of the 3.11% Asset Backed Notes, Class A‑4, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

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

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

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

  • Class B Notes means the Class B 5.03% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • 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.

  • Series C Notes is defined in Section 1.

  • Class A-2a Notes means the $359,000,000 Class A-2a 5.14% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • 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 A-2 Note means any of the 0.36% Asset Backed Notes, Class A‑2, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.

  • 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.

  • Class C Noteholders means the holders of any Class C Notes from time to time.