B Notes definition

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

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

B Notes means each of Note B-1-1, Note B-1-2, Note B-1-3, Note B-1-4, Note B-2-1, Note B-2-2, Note B-2-3, Note B-2-4, Note B-3-1, Note B-3-2, Note B-3-3, Note B-3-4, Note B-4-1, Note B-4-2, Note B-4-3 and Note B-4-4.

Examples of B Notes in a sentence

• The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes (collectively, the “Notes”) are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and subject to the subordination provisions therein.

• The Class B Notes are subordinated in right of payment to the Class A Notes, and are secured by the collateral pledged as security therefor as provided in the Indenture.

• Generally, no payments of principal of the Class C Notes shall be made until the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes and Class B Notes have been paid in full.

• The aggregate principal amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06.

• The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes (collectively, the “Notes”) are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and subject to the subordination provisions set forth therein.

More Definitions of B Notes

B Notes means each of Note B-1, Note B-2 and Note B-3, as further described on the Mortgage Loan Schedule.

B Notes. As defined in the Introductory Statement.

B Notes means the original executed subordinated note or other evidence of a subordinated interest with respect to a Mortgage Loan or a Mezzanine Loan (to which the applicable representations and warranties in Clause 17.13 (Collateral; Collateral Security) hereof are correct).

B Notes has the meaning provided in the recitals hereto.

B Notes means a collective reference to each B Note.

B Notes means the Issuer’s Series 65 Tranche B EUR 31,784,221 Pass Through Notes due 2015 Linked to CART 1 Ltd. EUR 83,300,000 Class F Notes due 2018. See Annex 2 – “Information concerning the Collateral”. Purchasers of the Notes should conduct such independent investigation and analysis regarding the Collateral and the Note Collateral issuer as they deem appropriate to evaluate the merits andrisks of an investment in the Notes. All amounts received by the Custodian on behalf of the Issuer in respect of the Collateral in accordance with the terms thereof shall be deposited in the Deposit Account. Payments due from the Issuer to the Swap Counterparty (other than by way of initial exchange) shall be debited from the Deposit Account and paid to the Swap Counterparty. Payments received by the Issuer from the Swap Counterparty shall be deposited in the Deposit Account. The amounts standing to the credit of the Deposit Account from time to time shall be distributed in accordance with Priority of Payments (as defined below) and Other Priority (as defined below) on the next Interest Payment Date, next Instalment Date or, as the case may be the Maturity Date or the Mandatory Redemption Date. The Custodian shall maintain the Deposit Account (the “Deposit Account”) with Deutsche Bank AG, London Branch (the “Deposit Bank”) on the terms that amounts standing to the credit of the Deposit Account shall earn the rates of interest prevailing from time to time for time-deposits with such terms as shall be selected in the absolute discretion of the Custodian. For the avoidance of doubt, amounts credited to the Deposit Account shall begin to accrue interest on the fourth Business Day following such credit. If at any time when the Notes are outstanding, the short term credit rating of the Deposit Bank falls below A-1+ by S&P (a “Deposit Bank Rating Downgrade”) then no later than 14 calendar days after the occurrence of such Deposit Bank Rating Downgrade the Issuer shall instruct the Custodian to, and the Custodian shall at is own cost, move the Deposit Account to a new Deposit Bank with a short term credit rating not lower than A-1+ by S&P on terms that the amounts standing to the credit of the Deposit Account shall earn interest in respect of each Interest Period at such rate or rates (each such rate in respect of an Interest Period, a “Deposit Rate”) as may be determined from time to time by the Deposit Bank, (2) Condition 4.5(A) (Replacement of Collateral) will not apply to the Not...

B Notes has the meaning set forth in Article I of the Declaration.