Class N Notes definition

Class N Notes. The Class N Notes issued pursuant to the Indenture and described in Part IV to this Appendix A.
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Class N Notes. Collectively, the Class N1 and Class N2 Notes.
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Class N Notes. The Class N Notes in the form attached as Exhibit A-3 to the Indenture.
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Examples of Class N Notes in a sentence

  • After all Classes of Notes (other than the Class N Notes and the Class XS Notes) are no longer Outstanding, any references to the Controlling Class of Notes shall instead refer to the Majority Certificateholders.

  • None of the Issuer, the Depositor, the Indenture Trustee, the Securities Administrator or the Note Registrar is obligated to register or qualify any Class N Notes under the Securities Act or any other securities law or to take any action not otherwise required under this Indenture to permit the transfer of any Class N Note or interest therein without registration or qualification.

  • Any Noteholder desiring to effect a transfer of Class N Notes or interests therein shall, and does hereby agree to, indemnify the Issuer, the Depositor, the Owner Trustee, the Indenture Trustee, the Securities Administrator and the Note Registrar against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

  • All payments made by the Issuer with respect to this Note shall be equal to this Note’s pro rata share of the aggregate payments on all Class N Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.

  • None of the Issuing Entity, the Note Registrar or the Indenture Trustee is obligated to register the Class N Notes and the Class XS Notes under the Securities Act or the securities laws of any other jurisdiction or to take any other action not otherwise required under this Indenture, the Grantor Trust Agreement or the Trust Agreement to permit the transfer of any Class N Notes and any Class XS Notes without registration.

  • The Issuing Entity, at the direction of the Depositor or the Administrator, may elect to register, or cause the registration of, the Class N Notes and the Class XS Notes under the Securities Act or the securities laws of any other jurisdiction, in which case the Issuing Entity shall deliver, or cause to be delivered, to the Indenture Trustee and the Note Registrar such Opinions of Counsel, Officer’s Certificates and other information as determined by the Depositor as necessary to effect such registration.

  • Consequently, the Class N Notes and the Class XS Notes are not transferable other than pursuant to an exemption from the registration requirements of the Securities Act, or pursuant to an effective registration statement under the Securities Act, and satisfaction of certain other provisions specified herein.

  • On each Payment Date, all amounts representing (i) Prepayment Charges in respect of the Mortgage Loans received during the related Prepayment Period and (ii) amounts received by the Securities Administrator under the Class N Interest Rate Cap Agreement, shall be withdrawn from the Payment Account and paid by the Securities Administrator to the Holders of the Class N Notes and shall not be available for payment to the Holders of any Class of Offered Notes.

  • The Owner Trustee acknowledges receipt of the Interest Rate Swap Agreement and declares that it holds and will continue to hold these documents and any amendments, replacements or supplements thereto for the use and benefit of all present and future Holders of the Class N Notes.

  • On each Payment Date, all amounts representing Prepayment Charges in respect of the Mortgage Loans received during the related Prepayment Period will be withdrawn from the Payment Account and paid by the Securities Administrator to the Holders of the Class N Notes and shall not be available for payment to the Holders of any Class of Offered Notes.


More Definitions of Class N Notes

Class N Notes. The [ ]% Asset Backed Notes, Class N in the initial aggregate principal amount of $[ ] issued pursuant to the Indenture.]
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Class N Notes means the U.S.$22,500,000 aggregate principal amount of Class N Floating Rate Subordinated Deferrable Interest Notes due 2041.
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Class N Notes. The Luminent Mortgage Trust 200_-_, Mortgage-Backed Notes, Series 200_-_ Class N Notes issued under the Indenture.
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Class N Notes. The Class N Notes.
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Class N Notes means the €32,800,000 Class N Subordinated Notes due 2023 or the amount thereof for the time being Outstanding, or as the context may require, a specific number thereof and, unless expressly stated to the contrary, all references to the Class N Notes shall be a reference to such Class N Notes whether in global form or definitive form and issued pursuant to Regulation S or Rule 144A.
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Related to Class N Notes

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

  • 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.

  • 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 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.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • B Notes means each of Note B-1 and Note B-2.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with 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-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.

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

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 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 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.

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

  • 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.

  • Class P Principal Amount As of the Closing Date, $100.

  • Fundserv Notes means Notes purchased through Fundserv.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

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

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

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

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • 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.