ABS Notes definition

ABS Notes has the meaning assigned to such term in the Eleventh Amendment.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

ABS Notes has the meaning set forth in the Recitals.

ABS Notes means the notes issued under the Indenture.

Examples of ABS Notes in a sentence

• The sole remedy of the Collateral Agent, the 201[__]-[__] Exchange Noteholder, the Indenture Trustee and the Holders of the 201[__]-[__] ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).

• The 201[__]-[__] ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture.

• The authority of the Servicer to make deposits to the 201[__]-[__] Bank Accounts is revocable at any time (i) by the Indenture Trustee until the Note Balance of the 201[__]-[__] ABS Notes has been reduced to zero and the 201[__]-[__] Bank Accounts have been released from the Lien of the Indenture, (ii) then, by the Collateral Agent until the payment in full of the 201[__]-[__] Exchange Note, and (iii) thereafter by the Borrower.

• Except as otherwise set forth in the 201[__]-[__] Basic Documents, 201[__]-[__] ABS Notes so owned by or pledged to the Servicer or such Affiliate will have an equal and proportionate benefit under the Basic Servicing Agreement and this 201[__]-[__] Servicing Supplement.

• The sole remedy of the Collateral Agent, the 2016-B Exchange Noteholder, the Indenture Trustee and the Holders of the 2016-B ABS Notes with respect to (i) a breach of the representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).

• The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of the 2016-B Exchange Note and/or the 2016-B ABS Notes with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise provided in the 2016-B Servicing Agreement, the Collateral Agency Agreement and the Indenture.

• Except as otherwise set forth in the 2016-B Basic Documents, 2016-B ABS Notes so owned by or pledged to the Servicer or such Affiliate will have an equal and proportionate benefit under the Basic Servicing Agreement and this 2016-B Servicing Supplement.

• The 2016-B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture.

• The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of the 201[__]-[__] Exchange Note and/or the 201[__]-[__] ABS Notes with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise provided in the 201[__]-[__] Servicing Agreement, the Collateral Agency Agreement and the Indenture.

• Servicer May Own 2016-B Exchange Note and 2016-B ABS Notes 7 Section 3.08.

More Definitions of ABS Notes

ABS Notes means the asset-backed securities issued by a Capital Markets Issuer.

ABS Notes or “Notes” means the Class A‑1 Notes, the Class A‑2[A] Notes, [the Class A-2B Notes,] the Class A-3 Notes, the Class A-4 Notes and the Class B Notes, in each case, substantially in the form of Exhibit A to the Indenture.

ABS Notes means the Series 2006-1 Variable Funding Notes, Class A-1, the 5.779% Fixed Rate Series 2006-1 Senior Notes, Class A-2, and the 8.285% Fixed Rate Series 2006-1 Subordinated Notes, Class M-1 issued by bankruptcy-remote indirect Wholly-Owned Subsidiaries of DBI.

ABS Notes has the meaning set forth in Schedule 2.11(a)(i).

ABS Notes means the notes issued from time to time by certain Subsidiaries of the Borrower pursuant to a certain Master Indenture, dated as of December 9, 2019, by and among such Subsidiaries, as issuers, and Citibank, N.A., as indenture trustee, as the same may be amended, restated, supplemented or otherwise modified from time to time.

ABS Notes means the $253.8 million in aggregate principal amount outstanding of our net-lease mortgage notes;