Class K Notes definition

Class K Notes. The Class K Eleventh Priority Floating Rate Capitalized Interest Term Notes due 2035, issued by the Issuer and the Co-Issuer pursuant to this Indenture.
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Class K Notes means the U.S.$18,900,000 aggregate principal amount of Class K Floating Rate Deferrable Interest Notes due 2041.
Sample 1
Class K Notes means the U.S.$6,000,000 aggregate principal amount of Class K Deferrable Fixed Rate Notes due 2052.
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Examples of Class K Notes in a sentence

  • The Issuer will duly and punctually pay all principal (including the Class H Cumulative Periodic Interest Shortfall Amount, the Class J Cumulative Periodic Interest Shortfall Amount and the Class K Cumulative Periodic Interest Shortfall Amount), interest (including Defaulted Interest and interest thereon, if any) in accordance with the terms of the Class H Notes, Class J Notes and Class K Notes and this Indenture and amounts due under any Hedge Agreement in accordance with this Indenture.

  • Holders of the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Class F Notes, the Class G Notes, the Class H Notes, the Class J Notes and the Class K Notes shall have no right to institute proceedings for the enforcement of any such payment until such time as no Class of Secured Note that is senior to such Class of them remains Outstanding, which right shall be subject to the provisions of Section 5.8, and shall not be impaired without the consent of any such Holder.

  • Holders of the Class B Notes, Class C Notes, Class D Notes, Class E Notes, Class F Notes, Class G Notes, Class H Notes, Class J Notes and Class K Notes shall have no right to institute proceedings for the enforcement of any payment until such time as no Class of Rated Note that is senior to such Class of them remains Outstanding, which right shall be subject to the provisions of Section 5.8, and shall not be impaired without the consent of any such Holder.

  • The redemption price of the Class J Notes will be calculated on the related Determination Date and will be equal to the Aggregate Outstanding Amount of the Class J Notes to be redeemed, together with the Class J Interest Distribution Amount (plus any Class J Capitalized Interest and any Class J Defaulted Interest Amount) due on that Redemption Date; Class K Notes.

  • Each prospective purchaser and any subsequent transferee of a Note (other than the Class K Notes) or any interest therein shall, by virtue of its purchase or other acquisition of such Note or interest therein, be deemed to have agreed to treat such Note as debt for U.S. federal income tax purposes.

  • Amounts properly withheld under the Code or other applicable law by any Person from a payment to any Rated Noteholder of principal and/or interest shall be considered as having been paid by the Co-Issuers (in the case of Rated Notes other than the Class H Notes, Class J Notes and Class K Notes) or the Issuer (in the case of the Class H Notes, the Class J Notes or the Class K Notes) to such Rated Noteholder for all purposes of this Indenture.

  • The Co-Issuer shall not engage in any business or activity other than issuing and selling the Indenture Issued Notes (other than the Class K Notes) pursuant to this 129 Indenture and such other activities incidental thereto or connected therewith.

  • The Co-Issuer shall not engage in any business or activity other than issuing and selling the Indenture Issued Notes (other than the Class K Notes) pursuant to this Indenture and such other activities incidental thereto or connected therewith.

  • The redemption price for the Class K Notes will be calculated on the related Determination Date and will be equal to the sum of all net proceeds and Cash, if any, remaining after redemption of the Notes with a higher alphabetical designation up to the Aggregate Outstanding Amount of the Class K Notes to be redeemed; provided that, if there are no such net proceeds or Cash remaining, the redemption price for the Class K Notes shall be equal to $0.

  • On or prior to the Closing Date, the Issuer shall provide to the Authenticating Agent an Issuer Order setting forth the amount of Class J Notes or Class K Notes to be issued on the Closing Date in the form of Definitive Notes and registration and delivery instructions (together with payment, taxpayer identification and other necessary information) for each of the Definitive Notes to be issued on the Closing Date.


More Definitions of Class K Notes

Class K Notes. The Co-Issuers’ $20,250,000 Class K Fixed Rate Secured Deferrable Interest Notes, Due March 2046.
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Class K Notes. The Class K Tenth Priority Principal Only Term Notes due 2037, issued by the Issuer pursuant to this Indenture.
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Related to Class K Notes

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

  • 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-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.

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

  • Class A-1 Notes means the Class A-1 1.28000% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class B Notes 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-2.

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

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

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

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

  • Class A-2a Notes means the Class A-2a 0.55% Asset-Backed Notes, substantially in the form of Exhibit A-2a to the Indenture.

  • Initial Class D Note Balance means $142,370,000.

  • 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-4 Notes means the Class A-4 3.44% Asset-Backed Notes, substantially in the form of Exhibit A-4 to the Indenture.

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

  • 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.

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

  • Class of Notes means each of the Classes of Notes being:

  • Initial Class C Note Balance means $178,840,000.

  • Initial Class A-4 Note Balance means $125,000,000.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

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