Class A-2 Notes definition

Class A-2 Notes has the meaning assigned to such term in the Indenture.

Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

Class A-2 Notes means the Class A-2 Asset Backed Notes, substantially in the form of Exhibit A-2.

Examples of Class A-2 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.

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

• Principal payable with respect to the Class A-2 Notes shall be made pro rata between the Class A-2a Notes and the Class A-2b Notes.

• The Indenture Trustee shall, upon Issuer Order, authenticate and deliver for original issue the following aggregate principal amount of Notes: (i) $464,700,000 of Class A-1 Notes, (ii) $651,800,000 of Class A-2 Notes, (iii) $651,800,000 of Class A-3 Notes and (iv) $73,806,000 of Class A-4 Notes.

• The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.05.

More Definitions of Class A-2 Notes

Class A-2 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2 Notes, issued in accordance with the Indenture.

Class A-2 Notes means, collectively, the Class A-2-A Notes and the Class A-2-B Notes.

Class A-2 Notes means the Class A-2 Notes, substantially in the form of Exhibit C.

Class A-2 Notes means the $566,000,000 Floating Rate Class A-2 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-2 thereto.

Class A-2 Notes means the Class A-2 1.57% Asset Backed Notes, substantially in the form of Exhibit A to the Indenture.

Class A-2 Notes means the Class A-2 0.43% Asset-Backed Notes, substantially in the form of Exhibit A-2 to the Indenture.

Class A-2 Notes means the $139,000,000 aggregate initial principal amount Class A-2 1.95% Asset Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-2 to the Indenture.