Class A-2 Advances definition

Class A-2 Advances has the meaning set forth in Section 2.1(a).
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Class A-2 Advances means the Class A-2 EUR Advances, the Class A-2 GBP Advances and the Class A-2 USD Advances.
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Examples of Class A-2 Advances in a sentence

  • At any time the Class A-2 Commitments or Class A-2 Advances are actively rated by Morningstar, the Borrower (or the Servicer on its behalf) shall provide Morningstar with all information reasonably requested by Morningstar in connection with the rating of the Class A-2 Commitments and Class A-2 Advances that is reasonably available to the Borrower.

  • Once designated or assigned as term loans pursuant to Section 2.9, Class A-2 Advances may only be repaid or prepaid in accordance with this Agreement and may not be reborrowed.

  • Subject to the terms of this Agreement, during the Revolving Period, the Borrower may borrow, reborrow, repay and prepay (subject to the provisions of Section 2.4) one or more Class A-1 Advances and Class A-2 Advances (excluding any Class A-2 Advances designated or assigned as term loans pursuant to Section 2.9).

  • At any time the Class A-2 Commitments or Class A-2 Advances are rated by Morningstar, the Borrower (or the Servicer on its behalf) shall provide Morningstar with all information reasonably requested by Morningstar in connection with the rating of the Class A-2 Commitments and Class A-2 Advances that is reasonably available to the Borrower.

  • The Servicer shall promptly provide notice of any approved Extension Request to Morningstar (via email at ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇); provided, that no Extension Request beyond an initial twelve month extension of the Revolving Period shall be effective unless Morningstar confirms in writing that the rating of the Class A-2 Commitments and Class A-2 Advances is not downgraded or withdrawn based on such extension.

  • The Servicer (via the Collateral Agent's Website) shall promptly provide notice of any approved Extension Request to Morningstar (via email at ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇); provided, that no Extension Request beyond an initial twelve month extension of the Revolving Period shall be effective unless Morningstar confirms in writing that the rating of the Class A-2 Commitments and Class A-2 Advances is not downgraded or withdrawn based on such extension.

  • SECTION 3.1. Each of the parties hereto waive and terminate all provisions with regard to the Class A-2 Advances, the Class A-2 Commitments, the Class A-2 Lenders and the requirements of the rating provided by Morningstar.

Related to Class A-2 Advances

  • Class A-1 Note Rate means, (i) with respect to the initial Series 2005-2 Interest Period, 4.52% per annum and (ii) with respect to each Series 2005-2 Interest Period thereafter, a rate per annum equal to One-Month LIBOR for such Series 2005-2 Interest Period plus 0.14% per annum.

  • Class A-2 Note Balance means, at any time, the Initial Class A-2 Note Balance reduced by all payments of principal made prior to such time on the Class A-2 Notes.

  • Initial Class A-2-B Note Balance means $313,000,000.

  • Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 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.