Amended B Notes definition

Amended B Notes means unsecured Securities that may become secured pursuant to, and are otherwise entitled to certain benefits of and subject to certain obligations under, the Security Agreement, which Amended B Notes are equal to $36,277,763 in aggregate principal amount as of the date hereof, which amount may be (i) decreased from time to time pursuant to Section 1302 and Section 2.01 of the Security Agreement or (ii) decreased pursuant to Section 1301.
Sample 1
Amended B Notes has the meaning set forth in Preliminary Statement (9) of this Agreement.
Sample 1

Examples of Amended B Notes in a sentence

  • Each such prepayment, if accepted by a Holder in accordance with this Article Fifteen, shall be applied to prepay either Amended A Notes or Amended B Notes of such Holder, as determined in accordance with Article II of the Security Agreement, in each case by application of the relevant amount to the principal amount of Securities to be repaid, at par and without premium, penalty or "make-whole", together with interest on the amount prepaid to the date of prepayment.

  • The Securities shall be redeemable as provided in Article Eleven and, with respect to the Amended A Notes and Amended B Notes only, subject to prepayment (at the option of each Holder of such Securities) as provided in Article Fifteen.

  • Unless otherwise provided herein, the Amended A Notes, Amended B Notes and Amended C Notes shall constitute one series for all purposes under this Indenture, including without limitation, notices, amendments, waivers, redemptions and prepayments.

  • Notwithstanding any other provision hereof, no Holder may transfer Amended A Notes or Amended B Notes at any time unless such Holder transfers, and such Holder's transferee receives and accepts, Amended A Notes and Amended B Notes in the same proportion of Amended A Notes and Amended B Notes held by such transferor Holder immediately prior to such transfer.

  • Upon receipt of any amount pursuant to the preceding sentence, the Paying Agent shall promptly pay such amount ratably to the Holders of the Amended B Notes on the date of such payment.

  • Promptly following its receipt of such notice, the Security Registrar shall reflect such conversion and such increases and decreases in the Security Register and shall send written notice to the Trustee of the outstanding principal amount of Amended A Notes, Amended B Notes and Amended C Notes after giving effect to such conversion.

  • Recalculation of Amended A Notes and Amended B Notes 56 SECTION 1303.

  • At 5:01 p.m. (New York City time) on the Confirmation Date, (i) the Amended A Notes and Amended B Notes held by each Non-Consenting Holder shall automatically and permanently be converted into Amended C Notes and (ii) the outstanding principal amount of the Amended A Notes, Amended B Notes and Amended C Notes shall be reduced or increased, as applicable, to reflect such conversion.

  • Promptly after receiving such notice, the Trustee shall send written notice to the Intercreditor Agent specifying the aggregate outstanding principal amount of the Amended B Notes.

  • Such Security Register shall distinguish between Amended A Notes, Amended B Notes and Amended C Notes.

Related to Amended B Notes

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Series B Notes is defined in Section 1.

  • Class A-2-A Notes has the meaning assigned to such term in 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.

  • B Notes means each of Note B-1 and Note B-2.

  • 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.

  • 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-4 Notes means the Class A-4 3.44% Asset-Backed Notes, substantially in the form of Exhibit A-4 to the Indenture.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Series C Notes is defined in Section 1.

  • Tranche A Notes is defined in Section 1.1.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Initial Class A-3 Note Balance means $380,000,000.

  • Class A-2a Notes means the Class A-2a 0.55% Asset-Backed Notes, substantially in the form of Exhibit A-2a to the Indenture.

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Series D Notes is defined in Section 1.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.