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 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.

Examples of Subordinated Class in a sentence

• Subject to Section 6.5(b) of the Plan, each holder of an Allowed Claim in LBHI Class 4B shall receive its Pro Rata Share of (i) Available Cash from LBHI, (ii) Subordinated Class 10B Distribution and (iii) Subordinated Class 10C Distribution.

• Each holder of an Allowed Claim in LBHI Class 3 shall receive its Pro Rata Share of (i) Available Cash from LBHI, (ii) Subordinated Class 10A Distribution, (iii) Subordinated Class 10B Distribution, (iv) Subordinated Class 10C Distribution and (v) the Plan Adjustment.

• Holders of Allowed Claims in LBHI Class 10A shall not receive any Distributions on account of such Claims unless and until all holders of Allowed Claims in LBHI Class 3 and LBHI Class 4A are satisfied in full, in which case each holder of an Allowed Claim in LBHI Class 10A shall receive its Pro Rata Share of (i) Available Cash from LBHI and (ii) Subordinated Class 10C Distribution.

• Each holder of an Allowed Claim in LBHI Class 5 shall receive its Pro Rata Share of (i) (A) Available Cash from LBHI, (B) Subordinated Class 10B Distribution and (C) Subordinated Class 10C Distribution; provided, however, that the applicable Plan Adjustment Percentage of the Distributions set forth in clauses (A), (B) and (C) above shall be automatically redistributed pursuant to Section 6.5(a) of the Plan, and (ii) the Excess Plan Adjustment Portion with respect to LBHI Class 5.

• Subject to Section 6.5(b) of the Plan, each holder of an Allowed Claim in LBHI Class 4A shall receive its Pro Rata Share of (i) Available Cash from LBHI, (ii) Subordinated Class 10A Distribution, (iii) Subordinated Class 10B Distribution and (iv) Subordinated Class 10C Distribution.

More Definitions of Subordinated Class

Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes, Class C Notes or Class D Notes, (b) with respect to the Class B Notes, the Class C Notes or Class D Notes, and (c) with respect to the Class C Notes, the Class D 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.

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.

Subordinated Class means a Senior Subordinated Class or a Junior Subordinated Class.

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 means any Class of Notes which is designated as a Subordinated Class in the applicable Supplement.