Class A-1L definition

Class A-1L. N/A Class A-2T: N/A Class A-2L: N/A ----------- * * Paid directly to the Seller. The Seller will pay a 0.0375% fee to the Underwriters in respect of the ▇▇▇▇▇▇ Mae Securities, allocable to them in proportion to their obligations to purchase Designated Securities of the Class in which the ▇▇▇▇▇▇ ▇▇▇ Securities are included. Specified funds for payment of purchase price: Same Day Funds Indenture: Indenture, dated as of March 1, 2000, among Bankers Trust Company, as Indenture Trustee, the SLM Student Loan Trust 2000-2, and Chase Manhattan Bank Delaware, as Eligible Lender Trustee. Maturity:
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Class A-1L. N/A Class A-2T: N/A Class A-2L: 99.9625% ----------- * * Paid directly to the Seller. ▇▇▇▇▇▇ Mae will pay a 0.0375% fee to the Underwriters. SPECIFIED FUNDS FOR PAYMENT OF PURCHASE PRICE: Same Day Funds INDENTURE: Indenture, dated as of February 1, 2000, among Bankers Trust Company, as Indenture Trustee, the SLM Student Loan Trust 2000-1, and Chase Manhattan Bank Delaware, as Eligible Lender Trustee. MATURITY:
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Class A-1L. A Credit Agreement”), among the Issuer, as borrower, various financial institutions and other persons, as lenders, Western Alliance Trust Company, N.A, as loan agent (in such capacity, the “Loan Agent”) and the Collateral Trustee and (iii) a Class A-1L-B Credit Agreement to be dated on or about the date hereof (the “Class A-1L-B Credit Agreement” and, together with the Class A-1L-A Credit Agreement, the “Credit Agreements”), among the Issuer, as borrower, various financial institutions and other persons, as lenders, the Loan Agent and the Collateral Trustee;
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Examples of Class A-1L in a sentence

  • The Issuer shall pay interest on this Note at the rate per annum equal to the Class A-1L Rate (as defined on the reverse hereof), on each Distribution Date until the principal of this Note is paid or made available for payment, on the principal amount of this Note outstanding on the preceding Distribution Date (after giving effect to all payments of principal made on the preceding Distribution Date), subject to certain limitations contained in Section 3.1 of the Indenture.

  • If directed to make payment directly to a Class A-1L Lender, the Collateral Trustee or other Paying Agent shall make such payment in accordance with payment instructions (including the specified percentage) provided by the Loan Agent.

  • The Issuer shall pay interest on overdue installments of interest on this Note at the Class A-1L Rate to the extent lawful.

  • Any notice required to be provided to the Holders of the Class A-1L Loans may be provided to the Loan Agent on such Holders’ behalf.

  • All payments on the Class A-1L Loans shall be made by the Collateral Trustee or the applicable Paying Agent to the Loan Agent for disbursement in accordance with the Loan Agreement.

  • Not later than 10:00 a.m. (New York time) on the Closing Date, each Initial Lender shall pay the amount requested in relation to the funding of its Class A-1L Loan in Dollars and in immediately available funds to the Collateral Trustee in accordance with the Borrowing Request.

  • The Transferor makes the following representations and warranties, on which the Issuer relies in acquiring each Sale Portfolio Purchased hereunder and each of the Secured Parties relies upon in entering into the Indenture or purchasing the Notes or making the Class A-1L Loans.

  • Unless directed otherwise by the Loan Agent, all payments on the Class A-1L Loans shall be made to the Loan Agent, and the Loan Agent shall disburse such payments to the Class A-1L Lenders in accordance with the Loan Agreement.

  • Upon the execution of any supplemental indenture under this Article VIII, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore and thereafter authenticated and delivered hereunder (including every Class A-1L Lender (including a subsequent assignee of a Class A-1L Lender)) shall be bound thereby.

  • With respect to the Loan Agreement and the Class A-1L Loans, the Issuer will be acting in its capacity as “Borrower” under the Loan Agreement.


More Definitions of Class A-1L

Class A-1L. $ Class A-2T: $ Class A-2L: $ Class B: $ Price to Public of each Class:*
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Class A-1L. July 2004 Distribution Date Class A-2T: N/A Class A-2L: April 2011 Distribution Date Class A-3T: N/A Class A-3L: July 2013
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Class A-1L. A Loan Event of Default”), the Borrower shall immediately, upon notice or knowledge thereof, notify the Collateral Trustee, the Loan Agent and each Class A-1L-A Lender thereof in writing.
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