Class A Note Purchaser definition

Class A Note Purchaser has the meaning given to such term in Section 4.12 hereof.
Class A Note Purchaser means Jupiter Securitization Company LLC.
Class A Note Purchaser shall have the meaning set forth in the Class A Note Purchase Agreement.

Examples of Class A Note Purchaser in a sentence

  • The Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders hereby waive any and all conflicts of interest (if any) that may arise in respect of the exercise of any such rights or remedies by the Class A Note Purchaser or any Class A Noteholder.

  • In no circumstances will the Administrative Agents have any authority to conclude a contract on behalf of any Class A Note Purchaser.

  • Any Class A Note Purchaser Instruction or any other consent of the Class A Note Purchasers to be provided to the Administrative Agents in accordance with the Transaction Documents must be delivered in writing to the Administrative Agents within a time period specified by it (acting reasonably) in order to constitute valid receipt of that instruction.

  • Upon receipt of a Class A Note Purchaser Instruction under Clause 12.41 above, subject to Clauses 12.35 to 12.37 ( Resignation of the Administrative Agents), the Administrative Agent shall resign and the Class A Note Purchasers shall appoint a successor Administrative Agent in accordance with Clause 12.33(b) (Resignation of the Administrative Agents).

  • If there is more than one Class A Note Purchaser, the Class A Notes shall be allocated between or among the Class A Note Purchasers in proportion to the Outstanding Principal Balance of their Class B Notes or on such other basis as such Holders of Class B Notes may agree, and the Class A Note Purchase Date shall be the date specified in the related Purchase Option Notice delivered by such Class A Note Purchasers.

  • Nothing in this Agreement or any other Transaction Document obliges the Administrative Agents to carry out any know your customer or other checks relating to any person on behalf of any Class A Note Purchaser and each Class A Note Purchaser confirms to the Administrative Agents that it is solely responsible for any checks it is required to carry out and that it may not rely on any statement in relation to those checks made by the Administrative Agents.

  • In the absence of a Class A Note Purchaser Instruction where required, or in any other circumstance, the Administrative Agents may act (or refrain from taking action) as it considers to be in the best interests of the Class A Note Purchasers.

  • The Administrative Agents shall not be responsible for any failure to act arising from any delay in giving any Class A Note Purchaser Instruction.

  • Each Class A Note Purchaser acknowledges and agrees that the Administrative Agents shall not be under a duty to take any discretionary action permitted to be taken by it pursuant to the provisions of the Transaction Documents and Clause 12.12 above.

  • If, at any time, the Issuer is required by law to make any withholding or deduction from any sum payable by it in respect of any Class A Note or under the Class A Note Purchase Agreement, (or if subsequently there is any change in the rate at which or the manner in which withholding or deduction is calculated), the Issuer shall promptly notify each affected Class A Note Purchaser.


More Definitions of Class A Note Purchaser

Class A Note Purchaser means Bear, Stearns & Co. Inc. and its successors and permitted assigns.
Class A Note Purchaser means Sheffield Receivables Corporation.

Related to Class A Note Purchaser

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

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

  • Class A Note means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a Class A-4 Note.

  • 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 Note Balance means, at any time, the sum of the Class A-1 Note Balance, the Class A-2 Note Balance and the Class A-3 Note Balance at such time.

  • Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.

  • Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.

  • Class A Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class A Noteholders’ Interest Distribution Amount and the Class A Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.

  • Class A Note Initial Principal Balance means $750,000,000.

  • Class A Note Principal Shortfall means, as of the close of any distribution date, the excess of: • the Class A Noteholders’ Principal Distribution Amount on that distribution date, over • the amount of principal actually distributed or allocated to the class A noteholders or deposited into the accumulation account on that distribution date.

  • Class A Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Class B Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class B Percentage for that distribution date, plus any Class B Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class B Noteholders’ Principal Distribution Amount will not exceed the principal balance of the class B notes.In addition, on the class B maturity date, the principal required to be distributed to the class B noteholders will include the amount required to reduce the outstanding principal balance of the class B notes to zero.

  • Class A Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of: • the amount of interest accrued at the class A note interest rates for the related accrual period on the aggregate outstanding principal balances of all classes of class A notes on the immediately preceding distribution date, after giving effect to all principal distributions to class A noteholders on that preceding distribution date; and • the Class A Note Interest Shortfall for that distribution date.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.

  • Class B Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

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

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Class A Note Rate means 2.97% per annum.

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

  • Class D Noteholders means the holders of any Class D Notes from time to time.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Class B Noteholders’ Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of: · the Outstanding Principal Balance of the Class B Notes; · the Class B Interest Rate; and · 30 (or, in the case of the initial Payment Date, 26) divided by 360.