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 Class A-3 4.21% Asset Backed Notes, substantially in the form of Exhibit A-3.

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

Examples of Class A-3 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.

• No payments of principal of the Class A-4 Notes shall be made until the principal of the Class A-1 Notes and, prior to an acceleration of the Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full.

• The Class A-3 Notes and the other Classes of Notes described in the Indenture (collectively, the “Notes”) are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture subject to the priorities of allocations as to interest and principal payments as described in the Sale and Servicing Agreement.

• All principal payments on the Class A-3 Notes shall be made pro rata to the Class A-3 Noteholders entitled thereto.

• 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 set forth therein.

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 $365,000,000 aggregate principal amount of the Issuer’s 3.21% Class A-3 Asset Backed Notes, issued pursuant 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 the $[•] aggregate principal amount of [•]% asset-backed notes, Class A-3, issued by the Issuing Entity.

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.