VF Notes definition

VF Notes means any notes which are designated as VF Notes and are issued and constituted pursuant to a Trust Instrument.
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Examples of VF Notes in a sentence

  • In addition, any payments of principal or interest received in respect of Issuer Investments and not otherwise reinvested in further Issuer Investments or used to repay Advances under VF Notes will generally be invested in Cash or Cash Equivalents.

  • The decision by any prospective Holder of VF Notes or Notes to invest in such VF Notes or Notes should be based, among other things, on an evaluation of the Market Valuation Manual and the Over-Collateralisation Tests.

  • Consequently, VF Noteholders and Noteholders must rely solely on distributions in respect of, and liquidation proceeds of, Collateral securing the VF Notes and the Notes for the payment of principal, interest and premium, if any, thereon.

  • Payments on the VF Notes and the Notes both prior to and following enforcement of the security over the Collateral are subordinated to the prior payment of certain fees and expenses of, or payable by, the Issuer and to payment of principal and interest on the VF Notes and prior ranking Classes of Notes and other Transaction Creditors (see Condition 4(c) (Limited Recourse)).

  • Except as is otherwise stated below, such risk factors are generally applicable to the VF Notes and all Classes of Notes, although the degree of risk associated with each Class of Notes will vary in accordance with the degree of subordination of the same.

  • There can be no assurance that remaining payments on the Issuer Investments would be sufficient to make timely payments of interest, principal on each Maturity Date and other amounts payable in respect of the VF Notes or the Notes of each Class.

  • As a result, concentrations of synthetic securities entered into with any one synthetic counterparty subject the VF Notes and the Notes to an additional degree of risk with respect to default by such synthetic counterparty as well as by the reference entity.

  • There is no assurance that a rating accorded to any of the VF Notes and Rated Notes will remain for any given period of time or that a rating will not be lowered or withdrawn entirely by a Rating Agency if, in its judgment, circumstances in the future so warrant.

  • A decrease in the Market Value of the Issuer Investments would also adversely affect the proceeds of sale that could be obtained upon the sale of the Issuer Investments and could ultimately affect the ability of the Issuer to pay in full or redeem the VF Notes or the Notes.

  • In addition, no sale, assignment, participation, pledge or transfer of the VF Notes or the Notes may be effected if, among other things, it would require the Issuer or any of its officers or directors to register under, or otherwise be subject to the provisions of, the Investment Company Act or any other similar legislation or regulatory action.

Related to VF Notes

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

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

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

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

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 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.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Class A-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

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

  • Series D Notes is defined in Section 1.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • Series B Notes is defined in Section 1.

  • 2024 Notes means the 7.625% unsecured notes due April 15, 2024, issued pursuant to the 2009 Notes Indenture.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Trust Notes As defined in the Introductory Statement.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Series A Notes is defined in Section 1.

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