Soft Bullet Notes definition

Soft Bullet Notes means the Subclass A-1 Notes, the Subclass A-2 Notes, the Subclass A-3 Notes, the Subclass A-4 Notes, the Subclass A-7 Notes, the Subclass A-8 Notes and each other class or subclass of Refinancing Notes designated as such in the form of such Refinancing Notes. "Step-Up Interest" means (i) with respect to any Subclass A-1, Subclass A-2, Subclass A-3, Subclass A-4, Subclass A-7 or Subclass A-8 Airplanes Group Notes not repaid on or before the Expected Final Payment Date thereof and (ii) with respect to the Subclass A-5 Airplanes Group Notes for any period during which Step-Up Interest is accruing on any other class of the Class A Airplanes Group Notes, interest at a rate of 0.5% per annum which shall accrue in addition to the stated rate of interest on the Outstanding Principal Balance of such subclass. "Subclass A-4 Amortization Commencement Date" means the date that is the earlier of (i) the Expected Final Payment Date of the Subclass A-4 Airplanes Group Notes and (ii) the date of repayment in full of the Subclass A-5 Airplanes Group Notes, the Subclass A-6 Airplanes Group Notes and any future subclass of Class A Airplanes Group Notes designated as a subclass of "Amortizing Notes" (in each case other than through an issue of Refinancing Notes).

Soft Bullet Notes means Notes with a soft bullet maturity which allows the Maturity Date of the relevant Series to be extended once for a period of one (1) year, in accordance with, and as described in the relevant Final Terms of Notes.

Soft Bullet Notes means Notes with a soft bullet maturity which allows the Maturity Date of the relevant Series to be extended once for a period of one (1) year, in accordance with, and as described in the relevant Final Terms of Notes. Each of the following events shall constitute a "Breach of the Pre-Maturity Test":

Examples of Soft Bullet Notes in a sentence

• Condition 6(a) allows for the issuance of Notes with soft bullet maturity (the "Soft Bullet Notes").

• The Final Maturity Date of such Soft Bullet Notes may be extended upon the occurrence of an Extension Trigger Event at the latest to the Extended Final Maturity Date, twelve (12) months after the Final Maturity Date.

• Within the conditions of Article L.513-30 and Article R.513-8-1 of the French Monetary and Financial Code, the Final Maturity Date of such Soft Bullet Notes may be extended upon the occurrence of an Extension Trigger Event at the latest to the Extended Final Maturity Date, twelve (12) months after the Final Maturity Date.

• If so provided in the relevant Final Terms, until 8 July 2022, the Maturity Date of the Soft Bullet Notes may be extended automatically to the Extended Maturity Date if the Final Redemption Amount of the relevant Soft Bullet Notes is not paid by the Issuer on the Maturity Date (as specified in the applicable Final Terms).

• With respect to Series of Soft Bullet Notes, an extended Final Maturity Date (the "Extended Final Maturity Date") shall be specified as applying in relation to such Series in the applicable Final Terms.

• Pursuant to Article L.513-2 I bis and Article R.513-8-1 of the French Monetary and Financial Code, the Final Maturity Date of such Soft Bullet Notes may be extended upon the occurrence of an Extension Trigger Event at the latest to the Extended Final Maturity Date, twelve (12) months after the Final Maturity Date.

More Definitions of Soft Bullet Notes

Soft Bullet Notes means the Subclass A-1 Notes, the Subclass A-2 Notes, the Subclass A-3 Notes, the Subclass A-4 Notes, the Subclass A- - Notes and each other class or subclass of Refinancing Notes designated as such in the form of such Refinancing Notes.

Soft Bullet Notes means the Subclass A-1 Notes, the Subclass A-2 Notes, the Subclass A-3 Notes, the Subclass A-4 Notes, the Subclass A- - Notes and each other class or subclass of Refinancing Notes designated as such in the form of such Refinancing Notes. "Step-Up Interest" means (i) with respect to any Subclass A-1, Subclass A-2, Subclass A-3, Subclass A-4 or Subclass A- - Airplanes Group Notes not repaid on or before the Expected Final Payment Date thereof and (ii) with respect to the Subclass A-5 or Subclass A- - Airplanes Group Notes for any period during which Step-Up Interest is accruing on any other subclass of the Class A Airplanes Group Notes, interest at a rate of 0.5% per annum, which shall accrue in addition to the stated rate of interest on the Outstanding Principal Balance of such subclass.