Class A-2-B Notes definition

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.
Class A-2-B Notes means the Class A-2-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-2-B.
Class A-2-B Notes has the meaning assigned to such term in the Indenture.

Examples of Class A-2-B Notes in a sentence

  • The Class A-1 Notes, Class A-2-A Notes, Class A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes Outstanding at any time may not exceed such amounts except as provided in Section 2.5. The Notes shall be issuable as registered Notes in the minimum denomination of $1,000 and in integral multiples of $1,000 (except for one (1) Note of each class which may be issued in a denomination other than an integral multiple of $1,000).

  • The Issuer agrees that for so long as the Class A-2-B Notes are Outstanding, the Trust Collateral Agent shall calculate SOFR for each Interest Period in accordance with the definition of “SOFR” herein.


More Definitions of Class A-2-B Notes

Class A-2-B Notes means the LIBOR + 0.37% Asset Backed Notes, Class A-2-B, substantially in the form of Exhibit A-2-B to the Indenture.
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.
Class A-2-B Notes means the Class A-2-B Asset Backed Notes, substantially in the form of Exhibit A-2-B.
Class A-2-B Notes means the $405,000,000 aggregate principal amount of the Issuer’s LIBOR + 0.18% Class A-2-B Asset Backed Notes, issued pursuant to the Indenture.
Class A-2-B Notes means the Class A-2-B LIBOR + 0.09% Asset Backed Notes, issued pursuant to the Indenture and substantially in the form attached as an Exhibit to the Indenture.
Class A-2-B Notes and “Class A-3 % Asset Backed Notes” (the “Class A-3 Notes” and together with the Class A-1 Notes, the Class A-2[-A] Notes [the Class A-2-B Notes], the “Class A Notes”), “Class B % Asset Backed Notes” (the “Class B Notes”), “Class C % Asset Backed Notes” (the “Class C Notes”), “Class D % Asset Backed Notes” (the “Class D Notes”) and “Class E % Asset Backed Notes” (the “Class E Notes”) (the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the [Initial] Cutoff Date, [in the case of the Initial Receivables, and the Subsequent Cutoff Date, in the case of the Subsequent Receivables,] security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement, dated as of , 20 , by and between Exeter Finance Corp. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise provided in the Trust Agreement and notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Servicer on behalf of the Owner Trustee of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency maintained for the purpose by the Owner Trustee at the Corporate Trust Office. Reference is hereby made to the fur...
Class A-2-B Notes means the Class A-2-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-2-B. "CLASS A-2-B PREPAYMENT AMOUNT" means, as of the Distribution Date on or immediately following the last day of the Funding Period, after giving effect to any transfer of Subsequent Receivables on such date, an amount equal to the Class A-2-B Noteholders' pro rata share (based on the respective current outstanding principal balance of each class of Notes) of the Pre-Funded Amount as of such Distribution Date.