Group 1 Notes definition

Group 1 Notes has the meaning specified in the preamble.

Group 1 Notes. The Class 1A-1 Notes, Class 1M Notes and Class 1B Notes.

Group 1 Notes means, collectively, the Class A-1-T2 Notes, Class B-1-T2 Notes, Class C-1-T2 Notes and Class D-1-T2 Notes.

Examples of Group 1 Notes in a sentence

• If the Issuer elects to exercise the Group 1 Early Redemption Option with respect to the Group 1 Notes or the Group 2 Early Redemption Option with respect to the Group 2 Notes, the Issuer shall give written notice by an Authorized Officer of its intention to exercise such option to the Global Agent of the principal amount of the related Notes to be so redeemed in accordance with the Terms applicable to such Notes.

• On such Payment Date, Xxxxxx Mae shall pay 100% of the outstanding Class Principal Balance of each Class of Group 1 Notes, plus accrued and unpaid interest on such Notes, together with any related unpaid fees and expenses of the Global Agent.

• Upon the occurrence of Credit Events affecting the Reference Obligations in Group 1 and to the extent that losses are realized with respect thereto, the Class Principal Balances of the Group 1 Notes will be subject to write-downs as further described under "Allocation of Tranche Write-down Amounts—Group 1" below.

• Group 1 Notes ...........................................................

• Concurrently, the ratings assigned to outstanding Senior Secured Group 1 Notes issued by Vukile have remained unchanged and affirmed at AAA(ZA)(EL).GROUP BORROWINGS SUMMARYThe group’s funding strategy is to optimise funding costs while minimising refinance risk.

• In the event that any of the Group 1 Notes, Group 2 Notes or Group 3 Notes constitutes an Undercollateralized Group (or Groups) on any Payment Date following the Senior Credit Support Depletion Date, an Undercollateralization Payment will be made from the excess of the Available Funds from the Overcollateralized Group (or Groups) remaining after all required amounts have been paid to the related Class or Classes of Offered Notes of such Overcollateralized Group.

• The Indenture Trustee acknowledges receipt of the REMIC IC Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Group 1 Notes and the Group 1 Certificates (other than the Class 1X-2 Certificates).

• We recommend management segregate incompatible duties performed by the Account Clerks.

• On such Payment Date, Xxxxxx Xxx shall pay 100% of the outstanding Class Principal Balance of each Class of Group 1 Notes, plus accrued and unpaid interest on such Notes, together with any related unpaid fees and expenses of the Global Agent.

• Loss Allocation Framework General Upon the occurrence of Modification Events affecting the Reference Obligations in Group 1 and to the extent that losses are realized with respect thereto, the interest entitlements of the Group 1 Notes will be subject to reduction and the Class Principal Balances thereof will be subject to write-downs as further Connecticut Avenue Securities, Series 2015-C04 CONFIDENTIAL PRELIMINARY TERM SHEETdescribed under "Allocation of Modification Loss Amounts—Group 1" below.

More Definitions of Group 1 Notes

Group 1 Notes means each of Note A-1A and Note A-1B.

Group 1 Notes means, collectively, the Class A-1-T1 Notes, Class B-1-T1 Notes, Class C-1-T1 Notes and Class D-1-T1 Notes.

Group 1 Notes means the Group 1 Notes issued by the Issuer in respect of Series 21 and Series 22 of the Issuer's domestic medium term note programme, read together with the applicable pricing supplements in respect of such Group 1 Notes, or, if the indebtedness of the Issuer under such Group 1 Notes is refinanced at any time, any new financial indebtedness entered into in connection with that refinancing, and designated as such in the applicable pricing supplements;"

Group 1 Notes means the Notes issued by the Issuer in respect of Series 21 and Series 22 of the Issuer's domestic medium term note programme, read together with the applicable pricing supplements in respect of such Notes, or, if the indebtedness of the Issuer under such Notes is refinanced at any time, any new financial indebtedness entered into in connection with that refinancing, and designated as such in the applicable pricing supplements;

Group 1 Notes means each Tranche of Notes sharing in the same security as this Tranche of Notes, and designated as a Group 1 Note in its Applicable Princing Supplement;

Group 1 Notes. Class 1A-1, Class 1A-2, Class 1A-3, Class 1M-1, Class 1M-2, Class 1M-3, Class 1M-4, Class 1M-5, Class 1M-6, Class 1M-7, Class 1M-8, Class 1M-9, Class 1B-1 and Class 1B-2 Notes.