Privately Offered Notes definition

Privately Offered Notes. Any of the Class X, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.

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Privately Offered Notes. Collectively, the Class A-X Notes and the Subordinate Notes.

Privately Offered Notes. The Class A-X Notes and the Subordinate Notes. Proposer: The Certificateholder making a written request pursuant to Section 5.07.

Examples of Privately Offered Notes in a sentence

Prior to a REMIC conversion no transfer, sale, pledge or other disposition of the Certificate or interest herein shall be made unless the intended transferee certifies in the form of Exhibit H hereto to the Owner Trustee, the Certificate Registrar, and the Indenture Trustee that, in connection with the transfer, it will acquire both the Trust Certificate and a 100% Percentage Interest in each Class of Privately Offered Notes then Outstanding, thus becoming a Single Owner upon completion of the transfer.
The Initial Holder (or any other Certificateholder or Note Owner of the Privately Offered Notes) is hereby prohibited from transferring any beneficial ownership interest in the Ownership Certificate or any Privately Offered Notes, except as provided in this Section 3.03 and Sections 2.03 and 2.04 of the Indenture.
The Initial Holder will be (i) the initial Certificateholder of a 100% Percentage Interest in the Ownership Certificates and (ii) the initial Note Owner of a 100% Percentage Interest in each of the Privately Offered Notes.
Notwithstanding the foregoing, any Privately Offered Notes may be pledged to secure indebtedness and may be the subject of repurchase agreements treated by the Single Owner as secured indebtedness for federal income tax purposes, provided that, for the avoidance of doubt, none of the Privately Offered Notes may be transferred by the related lender under any such indebtedness or repurchase agreement upon a default under such indebtedness or agreement except in accordance with the foregoing.
Prior to a REMIC Conversion, no transfer, sale, pledge or other disposition of any Privately Offered Notes shall be made, and the Note Registrar shall refuse to register any such transfer, sale, pledge or other disposition, unless the proposed transferee shall have delivered to the Owner Trustee, the Note Registrar, the Securities Administrator and the Indenture Trustee a certificate substantially in the form of Exhibit F hereto certifying that, following such transfer, it will be a Single Owner.

More Definitions of Privately Offered Notes

Privately Offered Notes. Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6 and Class X-1 Notes.

Privately Offered Notes. The Class I-A-X, Class II-1-AX, Class II-2-AX and Class II-1-PO Notes and the Subordinate Notes. Proposer: The Certificateholder making a written request pursuant to Section 5.07. Prospective Holder: Each prospective purchaser and any subsequent transferee of Owner Trust Certificates.

Privately Offered Notes. The Class M-2, Class M-3, Class M-4, Class B-1 and Class C Notes.

Privately Offered Notes. The Class [ ] Notes. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding. Prospective Owner: Each prospective purchaser and any subsequent transferee of a Note.

Privately Offered Notes. Collectively, the Class II-1-PO Notes, the Interest Only Notes and the Subordinate Notes.

Privately Offered Notes. The Subordinated Notes and the Interest Only Notes. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.

Privately Offered Notes. The Class B-2 Notes. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.