Trust A Note definition

Trust A Note. As defined in the Introductory Statement.
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Examples of Trust A Note in a sentence

  • Any Appraisal Reduction Amount with respect to the Whole Loan shall be allocated first, to the Trust A-B Note, up to the full outstanding principal balance thereof, and then, to the Trust A Note and the Non-Trust A Notes, on a pro rata and pari passu basis, based on their respective outstanding principal balances.

  • Any Appraisal Reduction Amount with respect to the Whole Loan shall be allocated first, to Note B, up to the full outstanding principal balance thereof, then, to the Trust A-B Note, up to the full outstanding principal balance thereof, and then, to the Trust A Note and the Non-Trust A Notes, on a pro rata and pari passu basis, based on their respective outstanding principal balances.

  • Any Appraisal Reduction Amount with respect to the Whole Loan shall be allocated first, to Note B-2, up to the full outstanding principal balance thereof, then, to Note B-1, up to the full outstanding principal balance thereof, then, to the Trust A-B Note, up to the full outstanding principal balance thereof, and then, to the Trust A Note and the Non-Trust A Notes, on a pro rata and pari passu basis, based on their respective outstanding principal balances.

  • The Indenture Trustee shall, on or after the Termination Date, release any remaining portion of the Trust Estate from the lien created by this Indenture and deposit in the Trust A Note Account any funds then on deposit in any other Account.

  • The Indenture Trustee hereby agrees on behalf of each Class A Noteholder and the Trust for the benefit of the Note Insurer that it recognizes that to the extent the Note Insurer makes payments pursuant to the Trust A Note Policy, either directly or indirectly (as by paying through the Indenture Trustee), to the Class A Noteholders, the Note Insurer will be entitled to receive such related Trust A Reimbursement Amount.

  • Any Appraisal Reduction Amount with respect to the Whole Loan shall be allocated first, to the Non-Trust B Note, up to the full outstanding principal balance thereof, then, to the Trust A-B Note, up to the full outstanding principal balance thereof, and then, to the Trust A Note and the Non-Trust A Note, on a pro rata and pari passu basis, based on their respective outstanding principal balances.

  • In connection with such purchase, the Master Servicer shall remit to the Indenture Trustee all amounts then on deposit in the Trust A Principal and Interest Account for deposit to the Trust A Note Account, which deposit shall be deemed to have occurred immediately preceding such purchase.

  • Upon receipt of payments made pursuant to the Trust A Note Policy from the Note Insurer on behalf of Class A Noteholders, the Indenture Trustee shall deposit such 61 67 payments in the Trust A Note Account and shall distribute such payments, or the proceeds thereof, in accordance with Section 8.7(b) hereof to the Class A Noteholders.

  • Any and all Trust A Insured Payments disbursed by the Indenture Trustee from claims made under the Trust A Note Policy shall not be considered payment by the Trust, and shall not discharge the obligations of the Trust with respect thereto.

  • The Indenture Trustee shall receive as attorney-in-fact of each Class A Noteholder any Insured Payment from the Note Insurer pursuant to the Trust A Note Policy.

Related to Trust A Note

  • Class A Note means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a Class A-4 Note.

  • of a Note means the principal of the Note plus the premium, if any, payable on the Note which is due or overdue or is to become due at the relevant time.

  • Class A Noteholder means the Person in whose name a Class A Note is registered in the Note Register.

  • 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 Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • Class C Note means any one of the Series 2020-1 3.02% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • 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 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 B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.

  • Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.

  • Class A-4 Note means any of the ___% Asset Backed Notes, Class A-4, issued under the Indenture.

  • Class A-4 Noteholder means the Person in whose name a Class A-4 Note is registered in the Note Register.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • A Note means, with respect to any A/B Whole Loan, the mortgage note (or notes) included in the Trust that is senior in right of payment to the related B Note or any other subordinated note(s) to the extent set forth in the related Intercreditor Agreement. There are no A Notes related to the Trust as of the Closing Date.

  • Class A Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes at the respective Interest Rate for such Class on the Note Balance of the Notes of each such Class on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Noteholders of the Notes of such Class on or prior to such preceding Payment Date.

  • Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.

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

  • Class D Noteholder means the Person in whose name a Class D Note is registered on the Note Register.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.

  • Class A-3 Note means any of the 1.34% Asset Backed Notes, Class A-3, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class C 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 C Noteholders means the holders of any Class C Notes from time to time.