Original Notes definition

Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

Original Notes means (i) the Class M-1, Class M-2 and Class M-3 Notes, which are modifiable and combinable with the MAC Notes as described in the Exchange Administration Agreement, and (ii) the Class B Notes.

Original Notes means all Notes other than Exchange Notes.

Examples of Original Notes in a sentence

• The Original Notes and the Additional Notes, collectively, shall be referred to herein as the “Notes”.

• Additional Notes will be treated as the same series of Notes as the Original Notes for all purposes under this Indenture, including for purposes of waivers, amendments, redemptions and offers to purchase.

• The Trustee shall, upon receipt of an Issuer Order in the form of an Officers’ Certificate, authenticate (i) Original Notes for original issue on the Issue Date in an aggregate principal amount of €600.0 million in respect of the 2032 Notes and €600.0 million in respect of the 2036 Notes and (ii) Additional Notes of any series from time to time for issuance after the Issue Date to the extent permitted hereunder.

• The Trustee shall, upon receipt of an Issuer Order in the form of an Officers’ Certificate, authenticate (i) Original Notes for original issue on the Issue Date in an aggregate principal amount of $850.0 million and (ii) Additional Notes from time to time for issuance after the Issue Date to the extent permitted hereunder.

More Definitions of Original Notes

Original Notes has the meaning assigned to such term in the recitals to the Indenture.

Original Notes. The Class M-1, Class M-2, Class M-3 and Class B Notes. Origination Rep and Warranty/Servicing Breach Settlement: Any settlement (which settlement only relates to claims arising from breaches of origination/selling representations and warranties or breaches of servicing obligations) that Xxxxxxx Mac enters into with a seller or servicer in lieu of requiring such seller or servicer to repurchase a specified pool of Mortgage Loans which include, among others, one or more Reference Obligations, as a result of breaches of origination/selling representations or warranties or as a result of breaches of servicing obligations whereby Xxxxxxx Mac has received the agreed-upon settlement proceeds from such seller or servicer. For the avoidance of doubt, any Origination Rep and Warranty/Servicing Breach Settlement will only relate to breaches of either (i) origination/selling representations and warranties or (ii) servicing obligations, but not both. Origination Rep and Warranty/Servicing Breach Settlement Amount: (I) with respect to the Payment Date in the month after the calendar month in which an Origination Rep and Warranty/Servicing Breach Settlement occurs, the lesser of (a) the aggregate amount of Credit Event Net Losses of the Origination Rep and Warranty/Servicing Breach Settlement Reference Obligations for such Payment Date and all prior Payment Dates, less the aggregate amount of Credit Event Net Losses of the Origination Rep and Warranty/Servicing Breach Settlement Reference Obligations that were Reversed Credit Event Reference Obligations for such Payment Date and all prior Payment Dates; and (b) the Origination Rep and Warranty/Servicing Breach Settlement Loan Allocation Amount (Cap); and, (II), with respect to each Payment Date thereafter, the lesser of (a) the aggregate amount of Credit Event Net Loss of the Origination Rep and Warranty/Servicing Breach Settlement Reference Obligations for such Payment Date; and

Original Notes shall have the meaning set forth in the preamble to this Indenture.

Original Notes. The Class M-1, Class M-2 and Class M-3 Notes.

Original Notes has the meaning set forth in the introductory paragraph hereto.

Original Notes means the Class X-0, Xxxxx X-0, Class M-3 and Class B Notes. “Payment Date” means the 25th day of each calendar month (or, if not a Business Day,

Original Notes means the Notes executed and delivered pursuant to the Original Agreement.