Examples of Class Z Notes in a sentence
Subject thereto, for so long as any Class Z Notes are outstanding, the Note Trustee in its absolute discretion may and (if so requested in writing by the holders of not less than 25 per cent.
In respect of the Class Z Notes, the Note Trust Deed provides that, subject to Condition 11.2 (Limitation on Noteholders), a resolution which, in the opinion of the Note Trustee, affects the interests of the Class Z Noteholders only shall be deemed to have been duly passed if passed at a meeting of the Class Z Noteholders.
Subject thereto, for so long as any Class Z Notes are outstanding, the Note Trustee in its absolute discretion may (and if so requested in writing by the holders of not less than 25 per cent.
For the avoidance of doubt, the expression Class A Notes includes, unless the context otherwise requires, the Series 2011-2 Class A Notes and the expression Class Z Notes includes, unless the context otherwise requires, the Series 2011-2 Class Z Notes.
Any reference in these Conditions to a Class shall be a reference to each class of the Class A Notes and/or the Class Z Notes, as the case may be or to the respective holders thereof.