Group 1 Exchangeable Notes definition

Group 1 Exchangeable Notes means the Class 1M-2A Notes, Class 1M-2B Notes and Class 1M-2C Notes.
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Group 1 Exchangeable Notes means the Class 1M-2A Notes and Class 1M-2B Notes. "Group 1 Liquidation Date" means the 25th day (or next succeeding business day) of the month that immediately follows the end of the Group 1 Liquidation Period. The latest possible Group 1 Liquidation Date is May 25, 2031.
Sample 1

Examples of Group 1 Exchangeable Notes in a sentence

  • In each case, principal amounts that are payable by Fannie Mae on the related Group 1 Exchangeable Notes will be allocated to and payable on any outstanding Group 1 RCR Notes that are entitled to principal.

  • If on the Group 1 Early Redemption Date a Class of Group 1 RCR Notes is outstanding, all principal and interest amounts that are payable by Xxxxxx Xxx on the Group 1 Exchangeable Notes that were exchanged for such Group 1 RCR Notes will be allocated to and payable on the applicable Group 1 RCR Notes.

  • The Holders of the Class 1M-2 Notes can exchange all or part of that Class for proportionate interests in the Class 1M-2A and Class 1M-2B Notes (together, the "Group 1 Exchangeable Notes"), and vice versa.

  • If on the Group 1 Early Redemption Date a Class of Group 1 RCR Notes is outstanding, all principal and interest amounts that are payable by Fannie Mae on the Group 1 Exchangeable Notes that were exchanged for such Group 1 RCR Notes will be allocated to and payable on the applicable Group 1 RCR Notes.

  • If any Group 1 RCR Notes are held by Holders, any Tranche Write-up Amount that is allocable to the related Group 1 Exchangeable Notes will be allocated to increase the Class Principal Balance or Class Notional Amount, as applicable, of the related Group 1 RCR Notes.

  • The Class 1M-2, Class 1M-2F and Class 1M-2I Notes are referred to as the "Group 1 RCR Notes." The Holders of the Class 2M-2 Notes can exchange all or part of that Class for proportionate interests in the Class 2M-2A and Class 2M-2B Notes (together, the "Group 2 Exchangeable Notes" and, together with the Group 1 Exchangeable Notes, the "Exchangeable Notes"), and vice versa.

  • On the earlier to occur of (x) the Group 1 Early Redemption Date, if any, and (y) the Maturity Date, Fannie Mae will pay 100% of the outstanding Class Principal Balance to Holders of each Class of Group 1 Notes, after allocations of the related Tranche Write-Down Amount and the Tranche Write-up Amount for such Payment Date (without regard to any exchanges of Group 1 Exchangeable Notes for Group 1 RCR Notes).

  • The Class Principal Balance of each outstanding Class of Group 1 RCR Notes entitled to principal will be equal to the outstanding Class Principal Balance of the Group 1 Exchangeable Notes that were exchanged for such Group 1 RCR Notes.

  • Principal Payment Group 1 Except as described below, on each Payment Date, Fannie Mae will pay principal to Holders of each outstanding Class of Group 1 Notes (without regard to any exchanges of Group 1 Exchangeable Notes for Group 1 RCR Notes) in an amount equal to the portion of related Senior Reduction Amount or Subordinate Reduction Amount, as applicable, allocated to the corresponding Group 1 Reference Tranche on such Payment Date.

  • On the earlier to occur of (x) the Group 1 Early Redemption Date, if any, and (y) the Payment Date in March 2031, we will pay 100% of the then-outstanding Class Principal Balance to Holders of each Class of Group 1 Notes, after allocations of any related Tranche Write-down Amount and the Tranche Write-up Amount for such Payment Date (without regard to any exchanges of Group 1 Exchangeable Notes for Group 1 RCR Notes).

Related to Group 1 Exchangeable Notes

  • Exchangeable Notes means the Class M-2A and Class M-2B Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2018-DNA1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.

  • Exchangeable Certificates As specified in the Preliminary Statement.

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

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Group I Senior Certificates As specified in the Preliminary Statement.

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

  • Group 2 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 2 Senior Percentage of the Principal Payment Amount for Loan Group 2, (b) the Group 2 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 2 and (c) the Group 2 Senior Liquidation Amount.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • 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.

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

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.

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

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Group I Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group I Senior Percentage of the Principal Payment Amount for Loan Group I, (b) the Group I Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group I and (c) the Group I Senior Liquidation Amount.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • 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.

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.