Subordinated Class definition

Subordinated Class means, with respect to the Class A Notes, the Class B Notes.
Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement.
Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes, (b) with respect to the Class B Notes, the Class C Notes and the Class D Notes, and (c) with respect to the Class C Notes, the Class D Notes.

Examples of Subordinated Class in a sentence

  • The Issuer shall be required to apply the proceeds of such sale, to the extent relating to principal, to redeem the Notes (other than the Subordinated Class E Notes) in accordance with the Conditions.

  • CE (P) SPK/19/2018-19 SECTION - III CONDITIONS OF THE CLIENT/CONSULTANT SERVICES AGREEMENT PART – I: GENERAL CONDITIONS OF AGREEMENT PART – II: CONDITIONS OF PARTICULAR APPLICATION TENDER NO.

  • Herzog, Washington University, St. Louis10:00 Molecular and Neural Control of Drosophila Circadian Behavior • Patrick Emery, University of Massachusetts Medical School10:30–11:00 am Refreshment Break11:00 am–12:30 pm Slide Session A: Molecular Clocks I • Azalea I C II11:00 1 • Genetic and Temporal Requirements for the Ectopic Induction of the Circadian Clock Program Reveal a Unique Role for the Clock Gene • Valerie L.

  • In accordance with the provisions of Conditions 4, 6 and 9 and the Trust Deed payments of principal and interest on the Subordinated Class B Notes are subordinated to, inter alia, payments of principal and interest on the Senior Class A Notes.

  • Principal on the Subordinated Class E Notes will be paid out of the Excess Spread Margin in accordance with the Interest Priority of Payments.

  • The Senior Class A Notes and the Subordinated Class B Notes will be secured (directly and/or indirectly) by the Security.

  • ANNEX II OUTSTANDING MASTER TRUST SERIES The table below sets forth the principal characteristics of the Class A, Class B and Subordinated Class certificates of the series that the master trust has issued that are currently outstanding.

  • The Senior Class A Notes will rank in priority to the Subordinated Class B Notes in the event of the Security being enforced.

  • Each holder of an Allowed Claim in LBHI Class 5A shall receive its Pro Rata Share of (i) Available Cash from LBHI, (ii) Subordinated Class 10B Distribution and (iii) Subordinated Class 10C Distribution.

  • If on any Payment Date, there is a balance on the Class B Principal Deficiency Ledger, then notwithstanding any other provisions of these Conditions, the principal amount payable on redemption of each Subordinated Class B Note on such Payment Date shall not exceed its Principal Amount Outstanding less the Subordinated Class B Principal Shortfall on such Payment Date.


More Definitions of Subordinated Class

Subordinated Class means (a) with respect to Class A Notes of a series, Class B Notes or Class C Notes of that series, and (b) with respect to Class B Notes of a series, Class C Notes of that series.
Subordinated Class means any Class of Notes that is identified as being a "Subordinated Class" in the applicable Supplement. With respect to any Subsequent Issuance of a Subordinated Class, the Supplement pursuant to which such new Notes are to be issued shall specify the priority in payment of such new Subordinated Class relative to each other Subordinated Class outstanding as of such Subsequent Issuance Date.
Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement, if applicable for such Class of Notes.
Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes or Class C Notes, (b) with respect to the Class B Notes, the Class C Notes. "Targeted Interest Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Interest Funding Account pursuant to Section 3.02 for such Transfer Date. "Targeted Principal Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Principal Funding Account pursuant to Section 3.10 for such Transfer Date. "Weighted Average Available Funds Allocation Amount" means, with respect to any Monthly Period for any tranche or class of Notes, the sum of the Available Funds Allocation Amount for such tranche or class, as applicable, as of the close of business on each day during such Monthly Period divided by the actual number of days in such period. Section 1.02.
Subordinated Class means a Senior Subordinated Class or a Junior Subordinated Class.
Subordinated Class means each Investor Certificate issued hereunder.

Related to Subordinated Class

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Class E Notes has the meaning assigned to such term in the Indenture.