Class D Note definition

Class D Note means any one of the Series 2019-2 3.04% Rental Car Asset Backed Notes, Class D, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit X-0, Xxxxxxx X-0 or Exhibit D-3. Definitive Class D 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 D Note shall have the meaning specified in the Indenture.

Class D Note means any one of the 7.46% Class D Notes executed by the Owner Trustee on behalf of the Issuer and authenticated by the Indenture Trustee, substantially in the applicable form attached as Exhibit A to the Indenture.

Examples of Class D Note in a sentence

• Interests in a Class D Note will be exchangeable for a definitive Class D Note in accordance with the provisions of such Class D Note and the Base Indenture (as modified by this Supplement).

• As described above, the entire unpaid principal amount of this Class D Note shall be due and payable on the earlier of the Class D Final Distribution Date and the Redemption Date, if any, pursuant to Section 10.1 of the Indenture.

• The Issuer shall pay interest on this Class D Note at the rate per annum shown above on each Distribution Date, until the principal of this Class D Note is paid or made available for payment, on the principal amount of this Class D Note outstanding on the preceding Distribution Date (after giving effect to all payments of principal made on such preceding Distribution Date), subject to certain limitations contained in Section 3.1 of the Indenture.

• Such checks shall be mailed to the Person entitled thereto at the address of such Person as it appears on the Note Register as of such Record Date without requiring that this Class D Note be submitted for notation of payment.

• Any such consent or waiver by the Holders of not less than 51% of the Note Balance of the Controlling Class or the Holder of this Class D Note (or any one or more Predecessor Notes) shall be conclusive and binding on such Holder and on all future Holders of this Class D Note and of any Class D Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent or waiver is made upon this Class D Note.

More Definitions of Class D Note

Class D Note means a DiscoverSeries Note specified in the applicable Terms Document as belonging to Class D.

Class D Note means a Class D Note issued pursuant to the Indenture, substantially in the form of Exhibit A-8 thereto.

Class D Note means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-4.

Class D Note. Any one of the Series 20[ ]-[ ] [Floating][Fixed] Rate Asset Backed Notes, Class D executed by the Issuing Entity and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A.

Class D Note means a Class D Note issued pursuant to the Indenture, substantially in the form of Exhibit A-9 thereto.

Class D Note means a promissory note made by Borrower in favor of a Class D Lender evidencing Class D Loans made by that Lender, substantially in the form of Exhibit C-5.

Class D Note means a SynchronySeries Note specified in the applicable Terms Document as belonging to Class D, substantially in the form of Exhibit A-4, or in such form specified in the applicable Terms Document.