Trust B Notes definition

Trust B Notes. Note B-1, Note B-2, Note B-3 and Note B-4.
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Trust B Notes. The promissory notes designated as Notes B-1 and B-2, as further described in the Introductory Statement.
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Trust B Notes. As defined in the Introductory Statement.
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Examples of Trust B Notes in a sentence

  • All rights of the Lender under the Whole Loan will be exercised by the Servicer or Special Servicer on behalf of the Repurchasing Seller and the Companion Loan Holders to the extent of their respective interest therein (as a collective whole) in accordance with this Agreement, taking into account the interests of each of the holders of the Notes and the subordination of the Trust B Notes to the A Notes.

  • Any Appraisal Reduction Amount in respect of the Mortgage Loan will be allocated first to the Trust B Notes, up to the full outstanding principal balance thereof, and then to the Trust A Notes and the Senior Pari Passu Non-Trust Notes, on a pro rata and pari passu basis, based on their respective outstanding principal balances thereof.

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


More Definitions of Trust B Notes

Trust B Notes. Note B-1-A, Note X-0-X, Xxxx X-0-X and Note B-4-A, collectively.
Sample 1

Related to Trust B Notes

  • Class B Notes means the Class B 5.03% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • B Notes means each of Note B-1 and Note B-2.

  • 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 A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • Series B Notes is defined in Section 1.

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

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

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

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

  • Tranche B Notes is defined in Section 1.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

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

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

  • 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.

  • Class A-2a Notes means the $359,000,000 Class A-2a 5.14% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

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

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.