Class M-2 Notes definition

Class M-2 Notes shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause of this Indenture.
Class M-2 Notes. The Class M-2 Notes due December 26, 2034 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.
Class M-2 Notes. The Class M-2 GMACM Home Equity Loan-Backed Term Notes, Series 2004-HE2, in substantially the form set forth in Exhibit A-3 to the Indenture.

Examples of Class M-2 Notes in a sentence

  • The Series 2024-1 Class M-2 Notes may be offered and sold in the applicable Series 2024-1 Class M-2 Initial Principal Amount on the Series 2024-1 Closing Date by the Issuer.


More Definitions of Class M-2 Notes

Class M-2 Notes means the Class M-2 Home Equity Loan-Backed Notes, Series 2003-C, in substantially the form set forth in Exhibit A-2 to the Indenture.
Class M-2 Notes means the Class M-2 Notes issued by the Trust pursuant to the Indenture.
Class M-2 Notes means the Class M-2 Notes substantially in the form of Exhibit C-2.
Class M-2 Notes means the Class M-2 Asset-Backed Notes substantially in the form of Exhibit I.
Class M-2 Notes and "Class B Notes" shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause on the first page of this Indenture.
Class M-2 Notes means any Notes alphanumerically designated as “Class M-2” pursuant to the Series Supplement applicable to such Class of Notes.
Class M-2 Notes a fixed rate equal to 7.41% per annum (or, for any Interest Period for the Class M-2 Notes commencing after the first Payment Date on which the aggregate Principal Balance of the Home Loans is less than 10% of the initial Pool Balance, a fixed rate equal to 7.91% per annum); and