Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.
Class B Notes has the meaning assigned to such term in the Indenture.
Class A Note Balance means, at any time, the sum of the Class A-1 Note Balance, the Class A-2 Note Balance and the Class A-3 Note Balance at such time.
Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.
Series A Notes is defined in Section 1.
B Notes means each of Note B-1 and Note B-2.
Initial Class B Note Balance means $163,150,000.
Class A-2-A Notes has the meaning assigned to such term in the Indenture.
Class A Note means any Class A-1 Note, Class A-2 Note, Class A-3 Note or Class A-4 Note.
Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.15% per annum with respect to the Class A Notes.
Initial Class C Note Balance means $152,941,000.
A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.
Initial Class A-4 Note Balance means $115,000,000.
Initial Class A-1 Note Balance means $265,000,000.
Initial Class A-3 Note Balance means $380,000,000.
Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.
Class E Notes has the meaning assigned to such term in the Indenture.
Initial Class D Note Balance means $13,564,000.
Series B Notes is defined in Section 1.
Class C Notes has the meaning assigned to such term in the Indenture.
Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.
Class B Note Balance means, at any time, the Initial Class B Note Balance reduced by all payments of principal made prior to such time on the Class B Notes.
Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.
Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.
Initial Class A-2 Note Balance means $235,000,000.
Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 Notes.