Initial Outstanding Note Balance shall be zero on the Closing Date and thereafter shall have the meaning set forth in Section 2.1 of the Note Purchase Agreement.

Initial Outstanding Note Balance means for the Class A Notes and the Class B Notes, $202,000,000 and $60,700,000, respectively.

Initial Outstanding Note Balance means for the Class A Notes, the Class B Notes and the Class C Notes, $191,750,000, $18,000,000, and $45,000,000, respectively. [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Examples of Initial Outstanding Note Balance in a sentence

Sunnova Sol III Issuer, LLC, a Delaware limited liability company (the “Issuer”), proposes, subject to the terms and conditions stated herein, to sell to Credit Suisse Securities (USA) LLC (the “Initial Purchaser”), the 2.58% Solar Asset Backed Notes, Series 2021-1 (the “Notes”), in the Initial Outstanding Note Balance set forth in Exhibit D attached to this note purchase agreement (this “Agreement”).
Subject to certain restrictions contained in the Indenture, (i) the Class A Notes are issuable in the minimum denomination of $100,000 and in integral multiples of $1,000 in excess thereof (provided, that one Class A Note may be issued in an additional amount equal to any remaining portion of the Initial Outstanding Note Balance) and (ii) the Class A Notes may be exchanged for a like aggregate principal amount of Class A Notes of authorized denominations of the same maturity.

More Definitions of Initial Outstanding Note Balance

Initial Outstanding Note Balance means, with respect to any Class or Series of Notes, the amount specified as such in the related Indenture Supplement.

Initial Outstanding Note Balance means for the Class A Notes, Class B Notes and the Class C Notes, $151,900,000, $54,400,000 and $24,600,000, respectively.

Initial Outstanding Note Balance means for the Class A Notes, the Class B Notes and the Class C Notes, $131,900,000, $102,200,000 and $63,800,000, respectively.

Initial Outstanding Note Balance means for the Class A Notes and the Class B Notes, $209,100,000 and $45,600,000, respectively.

Initial Outstanding Note Balance means for the Class 1-A Notes and the Class 2-A Notes, $152,010,000 and $16,890,000, respectively.

Initial Outstanding Note Balance means for the Class A Notes and the Class B Notes, $317,000,000 and $38,000,000, respectively.

Initial Outstanding Note Balance means, with respect to the Class A Notes and the Class B Notes, $322,000,000 and $56,500,000, respectively.