Class P Combination Notes definition

Class P Combination Notes means the €3,100,000 Class P Combination Notes due 2023 issued by the Issuer;

Class P Combination Notes means the €10,000,000 Class P Combination Notes due 2024, issued by the Issuer;

Class P Combination Notes means the €11,420,000 Class P Combination Notes due 2021 issued by the Issuer;

Examples of Class P Combination Notes in a sentence

• Each of the Risk Factors herein applies to the Class P Combination Notes to the extent that the Components of the Class P Combination Note correspond to the Classes of Notes to which these Risk Factors apply.

• Class P Combination Notes The Class P Combination Notes are comprised of Components corresponding to certain Classes of Notes.

• The Class A1-R Notes, the Class A-1A Notes, the Class A-1B Notes, the Class A-2 Notes, the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Subordinated Notes and the Class P Combination Notes will initially be offered in the principal amount of €100,000,000, €150,000,000, €115,700,000,€27,000,000, €30,000,000, €35,000,000, €28,000,000, €8,500,000, €20,000,000 and €8,000,000 respectively.

• There is no assurance that a rating accorded to any of the Senior Notes or the Class P Combination Notes will remain for any given period of time or that a rating will not be lowered or withdrawn entirely by a Rating Agency if, in its judgement, circumstances in the future so warrant.

• Except as is otherwise stated below, such risk factors are generally applicable to all Classes of Notes, although the degree of risk associated with each Class of Notes will vary in accordance with the position of such Class of Notes in the Priorities of Payment and in respect of the Class P Combination Notes and the Class V Combination Notes, the risks associated with the Treasury Strips.

• With respect to the Class P Combination Notes, the Class Q Combination Notes, the Class R Combination Notes, the Class S Combination Notes and the Class T Combination Notes, the ratings assigned by S&P do not address the likelihood of such Class being redeemed pursuant to Condition 7(b) (Optional Redemption), and in such event the ratings assigned by S&P would only address the principal amount of the relevant rated Component.

• The Class P Combination Notes, while having the economic substance of Combination Notes, are technically principal and 1.50 per cent.

• The Rating Agencies may downgrade any of the Rated Notes and/or the Combination Notes (other than the Class P Combination Notes) if the Synthetic Counterparty is not in compliance with the Required Ratings set forth herein.

• In order to create and maintain a positive learning environment for all students, the Tarrytown Union Free School District believes that certain remedies and procedures which focus on intervention and education should be utilized.

• The Class P Combination Notes while having the economic substance of a combination note are, technically fixed rate notes.

More Definitions of Class P Combination Notes

Class P Combination Notes means the Class P-a Combination Notes and the Class P-b Combination Notes;