Class A-3-B Notes definition

Class A-3-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3-B Notes, issued in accordance with the Indenture.
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Class A-3-B Notes has the meaning assigned to such term in the Indenture.
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Class A-3-B Notes means the Class A-3-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-3-B.
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Examples of Class A-3-B Notes in a sentence

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3A Notes, the Class A-3B Notes, the Class A-4A Notes and the Class A-4B Notes (collectively, the "Notes") are and, except as otherwise provided in the Indenture and the Sale and Servicing Agreement, will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture.

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3A Notes, the Class A-3B Notes and the Class A-4 Notes (collectively, the "Notes") are and, except as otherwise provided in the Indenture and the Sale and Servicing Agreement, will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture.

  • The Note Balance of Class A-1 Notes, Class A-2 Notes, Class A-3-A Notes, Class A-3-B Notes and Class A-4 Notes Outstanding at any time may not exceed such amounts except as provided in Section 2.5. Each Note shall be dated the date of its authentication.

  • All principal payments on the Class A-3B Notes shall be made pro rata to the Class A-3B Noteholders entitled thereto.

  • Whenever by the terms of the Indenture, the Indenture Trustee is required to redeem Class A-3-B Notes, and subject to and in accordance with the terms of Article VI of the Indenture, the Indenture Trustee shall give notice of the redemption in the manner prescribed by the Indenture.

  • Principal payable on the Class A-3B Notes will be paid on each Distribution Date in the amount specified in the Indenture and in the Sale and Servicing Agreement.

  • No payments of principal of the Class A-3B Notes shall be made until the principal amount of the Class A-1 Notes and the Class A-2 Notes has been reduced to zero.

  • Notwithstanding the foregoing, under certain circumstances, the entire unpaid principal amount of the Class A-3B Notes shall be due and payable following the occurrence and continuance of an Event of Default, as described in the Indenture.

  • The Note Balance of Class A-1 Notes, Class A-2-A Notes, Class A-2-B Notes, Class A-3-A Notes, Class A-3-B Notes, Class A-4-A Notes and Class A-4-B Notes Outstanding at any time may not exceed such amounts except as provided in Section 2.5. Each Note shall be dated the date of its authentication.

  • The Note Insurer shall have received confirmation that the risk secured by the Note Policy constitutes an investment-grade risk, that the Class A-1 Notes when issued will be rated “A-1+” by S&P, “F1+” by Fitch, and “Prime-1” by Xxxxx’x and that the Class A-2 Notes, Class A-3-A Notes, Class A-3-B Notes and Class A-4 Notes, when issued, will be rated “AAA” by S&P, “Aaa” by Xxxxx’x and “AAA” by Fitch.

Related to Class A-3-B 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.

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

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-4 Notes means the 0.62% Asset Backed Notes, Class A-4, substantially in the form of Exhibit A-4 to the Indenture.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class B Notes means the Class B 5.87% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class A-2a Notes means the $ Class A-2 % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

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

  • Initial Class A-3 Note Balance means $380,000,000.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Initial Class A-4 Note Balance means $75,000,000.

  • Class A-4 Note means any of the 3.30% Asset Backed Notes, Class A‑4, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • 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.

  • Class A-3 Note means any of the 1.34% Asset Backed Notes, Class A-3, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class A-2 Note means any of the 0.51% Asset Backed Notes, Class A-2, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • B Notes means each of Note B-1 and Note B-2.

  • Class A-2b Noteholder means the Person in whose name a Class A-2b Note is registered in the Note Register.

  • Class A-4 Noteholder means the Person in whose name a Class A-4 Note is registered in the Note Register.