Class B Notes definition

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

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

Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

Examples of Class B Notes in a sentence

• The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes (collectively, the “Notes”) are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and subject to the subordination provisions therein.

• The Class B Notes and the Class C Notes shall be Definitive Notes and shall be registered in the Note Register in the name of the purchaser or purchasers identified in the applicable Note Purchase Agreement.

• The Class B Notes and the Class C Notes will also be issued under the Indenture.

• The Class B Notes and Class C Notes may be subject to additional transfer restrictions as set forth in the applicable Note Purchase Agreement.

• FIRST NATIONAL MASTER NOTE TRUST, as Issuer By Wilmington Trust Company, not in its individual capacity but solely as Owner Trustee under the Trust Agreement By Name Title Dated: May 29, 2024 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION This is one of the Class B Notes described in the within-mentioned Indenture.

More Definitions of Class B Notes

Class B Notes means the Class B 2.25% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

Class B Notes means the Class B Asset Backed Notes, substantially in the form of Exhibit B.

Class B Notes means the $98,000,000 Class B 3.38% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class B Notes. The 2.40% Asset Backed Notes, Class B in the initial aggregate principal balance of $11,760,000 issued pursuant to the Indenture.

Class B Notes means the 2.83% Class B Asset-backed Notes issued by the Issuer pursuant to the Indenture in the initial aggregate principal amount of $37,990,000.

Class B Notes means the [__]% Asset Backed Notes, Class B, substantially in the form of Exhibit A-6.

Class B Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-3.