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.

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

• The Issuer shall, and shall cause the Securities Administrator and the Indenture Trustee to, treat the Notes (other than the Privately Offered Notes and the Retained Notes during the time they are retained by the holder of the Ownership Certificate) as indebtedness for all federal, state and local tax purposes.

• 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.

• Privately Offered Notes may solely be issued, transferred and exchanged in the form of Definitive Notes.

• The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for federal, state and local income, single business and franchise tax purposes, the Notes (other than the Privately Offered Notes) will qualify as indebtedness of the Issuer secured by the Collateral.

• Interest shall be computed on each Class of Class A Notes on the basis of a 360-day year and the actual number of days elapsed in each Accrual Period and in the case of the Privately Offered Notes, based on a 360-day year consisting of twelve (12) thirty (30) day months.

More Definitions of Privately Offered 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. 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. Any of the Class X, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Notes.

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

Privately Offered Notes. The Class [ ] 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 [ ] 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.