Examples of Series C Secured Certificates in a sentence
In the case of a redemption of the Series C Secured Certificates pursuant to Section 2.10(f) above, the amount of such Series C Secured Certificates to be redeemed shall be redeemed on the Reoptimization Date.
The Owner hereby agrees to issue Series C Secured Certificates, which shall be dated the date of issuance thereof and shall be issued with the maturity, in the principal amount and bear interest at the Debt Rate for Series C Secured Certificates as set forth in Schedule I hereto.
On the date of issuance thereof, the Series C Secured Certificates shall be issued to the Subordination Agent on behalf of the Class C Pass Through Trustee for the Class C Pass Through Trust.
Debt Rate for Series C Secured Certificates: With respect to (i) the first Interest Period [ ]% per annum and (ii) any subsequent Interest Period, LIBOR for such Interest Period as determined pursuant to the Reference Agency Agreement plus the Applicable Margin for Series C, provided that, in any event, the Debt Rate for Series C Secured Certificates shall not to exceed [ ]% per annum.
Section 2.11 of the Trust Indenture shall be amended by inserting (i) in the fifth line thereof, immediately after the language “the Prepayment Premium, if”, the language “, in the case of the Series A Secured Certificates and the Series B Secured Certificates” and (ii) in the sixth line thereof, immediately after the language “the Issuance Date”, the language “and in the case of the Series C Secured Certificates, regardless of the date of redemption”.
The Guarantor hereby acknowledges that from and after the date hereof, (a) the term “Secured Certificates” as used in the Guarantee includes the Series C Secured Certificates, and (b) the “Financial Obligations” guaranteed by the Guarantor under the Guarantee include the Owner’s payment obligations under the Series C Secured Certificates and under the Trust Indenture as amended as of the date hereof.
Debt Rate for Series C Secured Certificates: Applicable Margin: In the case of the Series A Secured Certificates, .48% per annum and, in the case of the Series B Secured Certificates, .80% per annum, provided that if the provisions of Section 5(a)(i) of the Note Purchase Agreement require it, the Applicable Margin for the Series B Secured Certificates shall be increased to 1.05% per annum as provided therein.