Class S VFN definition

Class S VFN has the same meaning as in the Trust Deed;
Class S VFN means the £85,000,000 Class S variable funding note due December 2055, constituted by the Trust Deed or the amount thereof from time to time outstanding or, as the context may require, a specific number thereof;
Class S VFN and "Notes" have the same meaning as indicated in the Deed of Charge (as defined below).

Examples of Class S VFN in a sentence

  • The Class S VFN Drawdown Ledger will be credited to the Transaction Account.

  • The Class S VFN Drawdown Ledger will be funded in accordance with Clause 6.14(b).


More Definitions of Class S VFN

Class S VFN means the £1,141,618 Class S variable funding note due December 2047, hereby constituted or the amount thereof from time to time outstanding or, as the context may require, a specific number thereof;
Class S VFN means the £7,952,955 Class S variable funding note due 2050, hereby constituted or the amount thereof from time to time outstanding or, as the context may require, a specific number thereof;
Class S VFN means the £9,477,658 Class S variable funding note due 2045, hereby constituted or the amount thereof from time to time outstanding or, as the context may require, a specific number thereof;
Class S VFN has the same meaning as in the Trust Deed;‌‌‌‌‌