Class XS Notes definition

Class XS Notes. The Class XS Notes issued pursuant to the Indenture and described in Part IV to this Appendix A.
Class XS Notes. The Class XS Notes issued under the Indenture, which as of any Distribution Date will have a notional balance equal to the Pool Balance as of the first day of the related Collection Period or, in the case of the initial Distribution Date, a notional balance equal to the Initial Pool Balance (in each case, rounded down to the nearest whole dollar).

Examples of Class XS Notes in a sentence

  • Any references with respect to principal or interest payments shall not apply to the Class XS Notes.

  • 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.

  • The parties hereto will not make any changes to the Collateral Custodian Fee without the prior written approval of (A) the Indenture Trustee (acting at the direction of the Requisite Noteholders) or (B) if the Notes (other than the Class XS Notes) are no longer outstanding, the Issuing Entity (acting at the direction of the Majority Certificateholders).

Related to Class XS Notes

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

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

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

  • Class A-2a Notes means any of the 5.34% Asset Backed Notes, Class A-2a, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class A-4 Notes means the Class A-4 1.87% Asset Backed Notes, substantially in the form of Exhibit A to the Indenture.

  • Class C Notes has the meaning assigned to such term in 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 1.94% Asset Backed Notes, Class A-3, substantially in the form of Exhibit A-3 to the Indenture.