Class A-1a Notes definition

Class A-1a Notes means the $1,226,000,000 Class A-1a 3.23% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class A-1a Notes. The 1.39% Asset Backed Notes, Class A-1a in the initial aggregate principal balance of $197,000,000 issued pursuant to the Indenture.

Class A-1a Notes means the $[__] Class A-1[a] [__]% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Examples of Class A-1a Notes in a sentence

• Class Note Interest Rate Initial Note Balance Class A-1[a] Notes [_]% $[_] [Class A-1b Notes] [Compounded SOFR* + [_]%] [$[_]] Class A-2 Notes [_]% $[_] Class A-3 Notes [_]% $[_] Class B Notes [_]% $[_] Class C Notes [_]% $[_] Class D Notes [_]% $[_] Class E Notes [_]% $[_] _______________ * Upon the occurrence of a Benchmark Transition Event, Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of this Indenture.

• Interest on the Notes for each Interest Period will be calculated on the basis of [(i)] in the case of the Class A-1[a] Notes, the Class A-2 Notes, the Class A-3 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, a 360-day year consisting of twelve 30-day months [and (ii) in the case of the Class A-1b Notes, a 360-day year and the actual number of days elapsed in the related Interest Period].

More Definitions of Class A-1a Notes

Class A-1a Notes. The Class A-1A Senior Secured Floating Rate Term Notes due 2037, issued by the Issuer pursuant to this Indenture.

Class A-1a Notes has the meaning set forth in the first recital.

Class A-1a Notes means the $434,610,000 Class A-1a 5.67% Asset Backed Notes issued by the Trust, substantially in the form of Exhibit A to this Indenture.

Class A-1a Notes means the Class A-1A First Priority Senior Secured Floating Rate Notes due February 5, 2036, issued by the Co-Issuers on the Closing Date, that bear interest at a floating rate per annum equal to LIBOR plus .40%.

Class A-1a Notes. The Class A-1A Notes due December 26, 2034 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.

Class A-1a Notes means the $135,000,000 Taxable Student Loan Asset-Backed Notes, Senior Series 2021-1A-1A issued by the Authority pursuant to this Indenture, substantially in the form of Exhibit A-1 hereto.

Class A-1a Notes has the meaning set forth in Recital H hereof.]