Affected Class definition

Affected Class has the meaning specified in Section 2.24(a).
Affected Class. Any Class of Secured Notes that, as a result of the occurrence of (and due to) a Tax Event, has not received 100% of the aggregate amount of principal and interest that would otherwise be due and payable to such Class on any Payment Date.
Affected Class shall have the meaning assigned to such term in Section 9.19(a).

Examples of Affected Class in a sentence

  • Permitted Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Lxxxxx’s Loans and Commitments of such Affected Class as to which such Lxxxxx’s acceptance has been made.


More Definitions of Affected Class

Affected Class has the meaning set forth in Section 3.07(a).
Affected Class as defined in subsection 10.1.
Affected Class shall have the meaning provided in Section 2.18(a).
Affected Class means any Class of Secured Notes that, as a result of the occurrence of a Tax Event, has not received 100% of the aggregate amount of principal and interest that would otherwise be due and payable to such Class on any Payment Date.
Affected Class has the meaning assigned to that term in subsection 10.6.
Affected Class has the meaning given to such term in Section 2.15.
Affected Class means, in relation to any Tax Redemption, any Class of Notes that, as a result of the occurrence of a Tax Event, has not received 100% of the aggregate amount of principal and interest payable to such Class on any Distribution Date.