Class A-3 Notes definition

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 A-3 Notes means the 1.94% Asset Backed Notes, Class A-3, substantially in the form of Exhibit A-3 to the Indenture.

Class A-3 Notes has the meaning assigned to such term in the Indenture.

Examples of Class A-3 Notes in a sentence

• The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.05.

• The aggregate principal amount of Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06.

• The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes (collectively, the “Notes”) are, except as otherwise provided in the Indenture, equally and ratably secured by the 2024-A Collateral pledged as security therefor as provided in the Indenture.

• The Indenture Trustee shall, upon Issuer Order, authenticate and deliver for original issue the following aggregate principal amount of Notes: (i) $517,200,000 of Class A-1 Notes, (ii) $678,200,000 of Class A-2 Notes, (iii) $778,200,000 of Class A-3 Notes and (iv) $131,670,000 of Class A-4 Notes.

• The Indenture Trustee shall upon Issuer Order authenticate and deliver Notes for original issue in the following aggregate principal amounts: (i) $253,000,000 of Class A-1 Notes, (ii) $235,500,000 of Class A-2A Notes, (iii) $235,500,000 of Class A-2B Notes, (iv) $471,000,000 of Class A-3 Notes and (v) $77,370,000 of Class A-4 Notes.

More Definitions of Class A-3 Notes

Class A-3 Notes means the Class A-3 Asset Backed Notes, substantially in the form of Exhibit A-3.

Class A-3 Notes means the Class A-3 0.77% Asset Backed Notes, substantially in the form of Exhibit A.

Class A-3 Notes means the Class A-3 Notes (as defined in the Indenture).

Class A-3 Notes means the $423,780,000 Class A-3 0.41% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class A-3 Notes means the $ Class A-3a % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class A-3 Notes means $[●] aggregate principal amount of the Issuer’s [●]% Class A‑3 Asset Backed Notes, substantially in the form of Exhibit A to the Indenture.

Class A-3 Notes means the $225,000,000 aggregate initial principal amount Class A-3 2.41% Asset Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-3 to the Indenture.