2018-3 Exchange Note definition

2018-3 Exchange Note means the note, substantially in the form set forth in Exhibit A to the 2018-3 Exchange Note Supplement, executed and authenticated in accordance with the Credit and Security Agreement and under the 2018-3 Exchange Note Supplement.
Sample 1

Examples of 2018-3 Exchange Note in a sentence

  • The Titling Trust will be the tax owner of the 2018-3 Exchange Note Collections Account and all investment earnings on the 2018-3 Exchange Note Collections Account will be taxable to the Titling Trust.

  • In addition to the requirements set forth in Section 2.14 of the Basic Servicing Agreement, upon learning of a Claim or Lien of whatever kind of a third party that would be likely to have a material adverse effect on the interests of the Depositor or the Issuer with respect to the 2018-3 Exchange Note Assets, the Servicer shall immediately notify the Depositor, the Indenture Trustee and the Noteholders of any such Claim or Lien.

  • The Securitization Trust may not, except upon the occurrence of a Servicer Default, subsequent to the payment in full of the Notes and in accordance with the written directions of Trust Certificateholders of Trust Certificates evidencing at least 662/3% of the Percentage Interests, remove the Servicer with respect to the 2018-3 Exchange Note or appoint a Successor Servicer with respect thereto.

  • Xx. X-0 Percentage Interest: 100% SEE REVERSE FOR CERTAIN DEFINITIONS GM FINANCIAL AUTOMOBILE LEASING TRUST 2018-3 TRUST CERTIFICATE ASSET BACKED CERTIFICATE Evidencing an undivided beneficial interest in the Securitization Trust, as defined below, the property of which includes, among the other things, the 2018-3 Exchange Note.

  • In addition, this Trust Certificate is not guaranteed by any governmental agency or instrumentality and is limited in right of payment to certain collections and recoveries with respect to the 2018-3 Exchange Note (and certain other amounts), all as more specifically set forth herein and in the 2018-3 Servicing Agreement and the Indenture.

  • In the event of any actual conflict between the provisions of this 2018-3 Servicing Supplement and the Basic Servicing Agreement, with respect to the servicing of any 2018-3 Exchange Note Assets, the provisions of this 2018-3 Servicing Supplement shall prevail.

  • This 2018-3 Servicing Supplement shall supplement the Basic Servicing Agreement as it relates to the 2018-3 Exchange Note and the 2018-3 Designated Pool and not to any other Exchange Note or Designated Pool or the Lending Facility Pool.

  • Capitalized terms that are used but are not otherwise defined in this Agreement have the meanings assigned to them in the 2018-3 Exchange Note Supplement, dated as of July 31, 2018, to the Second Amended and Restated Credit and Security Agreement, dated as of January 24, 2018, both by and between ACAR Leasing Ltd., as borrower, GM Financial, as lender and servicer, and Xxxxx Fargo Bank, National Association, as administrative agent and as collateral agent.

  • The 2018-3 Exchange Note will be payable solely from Collections on the Collateral Assets included in the 2018-3 Designated Pool in accordance with the priorities in Section 5.1. For purposes of determining the Collections that are applicable to the 2018-3 Designated Pool, the Collateral Assets included in the 2018-3 Designated Pool will be deemed to have been included in the 2018-3 Designated Pool from and after the Cutoff Date.

  • In the event of a conflict between the terms of the 2018-3 Exchange Note, the terms of the Credit and Security Agreement and the terms of this Supplement, this Supplement will prevail.

Related to 2018-3 Exchange Note

  • Exchange Note means the Closed-End Exchange Note.

  • Private Exchange Notes See Section 2(b) hereof.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • Private Exchange Securities shall have the meaning set forth in Section 2(a) hereof.

  • Permitted Debt Exchange Notes shall have the meaning provided in Section 2.15(a).

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

  • 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.

  • Initial Note means each initial Governmental Lender Note registered by the Comptroller and subsequently canceled and replaced by a definitive Governmental Lender Note pursuant to this Funding Loan Agreement.

  • 2020 Notes means the 6.875% Senior Notes due 2020, issued by Pride International LLC, a Delaware limited liability company.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Exchange Security or a "Registrable Security" shall include a reference to the related Guarantee.

  • 2022 Notes means the Borrower’s 5.00% Convertible Senior Notes due 2022.

  • 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.

  • 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.

  • 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.

  • B Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a B Advance made by such Lender.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • Initial Notes means the first $500,000,000 aggregate principal amount of Notes issued under this Indenture on the date hereof.

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

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class C Note means any one of the Series 2020-1 3.02% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.