Asset-Backed Note definition
Examples of Asset-Backed Note in a sentence
The Purcahser is delivering this letter in connection with the transfer to it of an Equipment Receivables Asset-Backed Note, Series 1999-1 Class B (a "Class B Note").
Each Class A Asset-Backed Note shall bear interest on the outstanding principal balance thereof at a rate per annum (based on a year of 365 days) equal to the Class A Interest Rate with respect thereto.
The Issuer hereby instructs the Funding Agent to wire the funds associated with the acquisition of the Note hereunder, first to the holder of that certain $200,000,000 Cofina Variable Funding Asset-Backed Note, Series 2005-A, in an amount equal to all amounts due and owing by the Issuer thereunder, and second, to the Issuer in accordance with the written instructions provided by the Issuer therefor.
The “Maximum Funded Amount” and the “Swingline Facility Limit” (each as defined in the Note Purchase Agreement), the “Maximum Principal Amount” (as defined in the Series Supplement), the maximum aggregate principal amount of the Cofina Variable Funding Asset-Backed Note, Series 2005-A, and any similar references or definitions in the Agreements shall be increased from $150,000,000.00 to $200,000,000.00.
Asset-Backed Note, Series 2002-HE1, Class A Registered Initial Note Balance: $950,000,000 No. 1 Note Rate: Variable CUSIP No. 929759 AA 6 Wachovia Asset Securitization, Inc.
DEALER AUTO RECEIVABLES OWNER TRUST 2000-1 7.46% Dealer Auto Receivables Asset-Backed Note, CLASS B REGISTERED $24,470,000.00 ▇▇.
Each Class B Asset-Backed Note shall bear interest on the outstanding principal balance thereof at a rate per annum (based on a year of 365 days) equal to the Class B Interest Rate with respect thereto.