INITIAL CLASS definition

INITIAL CLASS and “Initial Classes” when used herein mean: (x) the Revolving Credit Facility and the Term Credit Facility as in effect on the Closing Date, (y) any increase in the aggregate amount of Commitments and/or Loans thereunder effected under Section 1.16 hereof on identical terms and conditions (and which are not, and not required to be, treated or designated as a separate “series” or “Class”) and/or (z) any Class of Loan and/or Commitments hereunder effected under Sections 1.16, 1.18, 1.19 or 1.20 as revolving or “term Acredit facilities on substantially the same terms and conditions as the Revolving Credit Facility and Term Credit Facility as in effect on the Closing Date, which has been reasonably designated by the Borrower and the Administrative Agent at the time of the incurrence thereof as part of the “Initial Class” for purposes of this Agreement and which may include, without limitation, a separate “series” or “Class” of Loans and/or Commitments which are reasonably designated as a separate “series” or “Class” by the Borrower and the Administrative Agent at the time of the incurrence thereof solely as a result of differences in interest rates (including through fixed interest rates), interest margins, rate floors, fees, funding discounts, original issue discounts, optional prepayment or optional redemption premiums/terms and/or maturity extensions), but, for purposes of this clause (z), excluding any Class of Loans having or requiring scheduled annual amortization of principal less than 2.50% the initial stated aggregate principal amount of such Loans.
INITIAL CLASS. MINIMUM CERTIFICATE CLASS PRINCIPAL AMOUNT DENOMINATIONS OR CLASS DESIGNATION INTEREST RATE OR CLASS NOTIONAL AMOUNT PERCENTAGE INTEREST ----------------- ------------- ------------------------ ------------------- Class A-1 (1) $ 365,049,000.00 $ 25,000.00 Class A-2 (2) $ 418,050,000.00 $ 25,000.00 Class X-A (3) (4) 100% Class X-B (5) (6) 100% Class B-1 (7) $ 16,400,000.00 $ 25,000.00 Class B-2 (8) $ 8,200,000.00 $ 25,000.00 Class B-3 (9) $ 4,100,000.00 $ 25,000.00 Class B-4 (9) $ 2,460,000.00 $100,000.00 Class B-5 (9) $ 2,050,000.00 $100,000.00 Class B-6 (9) $ 3,690,645.34 $100,000.00 Class A-R (10) $ 100.00 100% Class LT-R (11) (11) 100%
INITIAL CLASS. A-2 NOTE BALANCE" means $[_____].

Examples of INITIAL CLASS in a sentence

  • B/C2.0 DEFINITION OF CLASSES AND INITIAL CLASS PLACEMENT Adjunct faculty will be placed on Salary Schedule B and Salary Schedule C following the same definition of classes as delineated in Article VIII, A2 of this Agreement.

  • INITIAL CLASS: Shares of Initial Class may be exchanged for shares of any Fidelity Retail Fund offering an exchange privilege to other Fidelity Retail Funds.

  • EXHIBIT A-3 CAPITAL CONTRIBUTIONS OF INITIAL CLASS C MEMBER AND OBLIGATIONS ASSUMED BY THE COMPANY Capital Contributions Operating Assets of Softline Consulting & Integrators, Inc.

  • EXHIBIT A-2(c) CAPITAL CONTRIBUTIONS OF INITIAL CLASS B MEMBER AND OBLIGATIONS ASSUMED BYTHE COMPANY PROSPECTIVE CLIENTS * * * 65 CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION IN ACCORDANCE WITH THE SECURITIES ACT OF 1933, AS AMENDED, AND RULE 406 PROMULGATED THEREUNDER.

  • ASSUMING THAT THIS CERTIFICATE PAYS IN ACCORDANCE WITH PROJECTED CASH FLOWS REFLECTING THE PREPAYMENT ASSUMPTION OF ZERO: (I) THE AMOUNT OF OID AS A PERCENTAGE OF THE INITIAL CLASS X NOTIONAL AMOUNT IS APPROXIMATELY 2.71854%; AND (II) THE ANNUAL YIELD TO MATURITY OF THIS CERTIFICATE, COMPOUNDED MONTHLY, IS APPROXIMATELY 10.11%.


More Definitions of INITIAL CLASS

INITIAL CLASS and “Initial Classes” have the meanings specified in the definition of “Class” in this Section 5.1
INITIAL CLASS. X-2A NOTIONAL BALANCE" means $275,702,236.
INITIAL CLASS. [A-4] NOTE BALANCE" means $[____]
INITIAL CLASS. A-2 NOTE BALANCE" means $77,750,000.
INITIAL CLASS. X-1 NOTE BALANCE" means $6,203,300.
INITIAL CLASS. A-2 CERTIFICATE BALANCE" means $650,000,000.
INITIAL CLASS. A-3 CERTIFICATE BALANCE" means $72,750,000.