Class B Note Purchasers definition

Class B Note Purchasers means the several purchasers of the Class B Investor Notes listed on Schedule II and their respective permitted successors and assigns pursuant to Section 12.10(g) and any other Person who otherwise becomes a party to this Indenture Supplement as a Class B Note Purchaser. ‘Discount’ means, (a) with respect to any Match Funding CP Conduit Purchaser, the interest or discount component of the Commercial Paper issued by such Match Funding CP Conduit Purchaser to fund or maintain the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser, including an amount equal to the portion of the face amount of the outstanding Commercial Paper issued to fund or maintain the CP Conduit Funded Amount with respect to such CP Conduit Purchaser that corresponds to the portion of the proceeds of such Commercial Paper that was used to pay the interest or discount component of maturing Commercial Paper issued to fund or maintain such CP Conduit Funded Amount, to the extent that such CP Conduit Purchaser has not received payments of interest in respect of such interest component prior to the maturity date of such maturing Commercial Paper, and including the portion of such interest or discount component constituting dealer or placement agent commissions, (b) with respect to any Pooled Funding CP Conduit Purchaser (other than a CP Conduit Purchaser administered or managed by JPMorgan Chase), the amount of interest or discount to accrue on or in respect of the Commercial Paper issued by such Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled Funding CP Conduit Purchaser (including, without limitation, any interest attributable to the commissions of placement agents and dealers in respect of such Commercial Paper and any costs associated with funding small or odd-lot amounts, to the extent that such commissions or costs are allocated, in whole or in part, to such Commercial Paper by such Funding Agent) and (c) with respect to a CP Conduit Purchaser administered or managed by JPMorgan Chase, the LIBO Rate with respect to each day; provided, however, that, if any Change in Law shall make it unlawful for a CP Conduit Purchaser administered or managed by JPMorgan Chase to fund its Purchaser Group Invested Amount at the LIBO Rate and the Funding Agent for such CP Conduit Pur...
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Class B Note Purchasers means Fortis Bank (Nederland) N.V. and Barclays Bank PLC, in its capacity as a Class B Note Purchaser.
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Class B Note Purchasers has the meaning specified in the Class B Note Purchase Agreement.
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Examples of Class B Note Purchasers 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.

  • Levels of Significant Exposure to Sulfur Mustard -Inhalation 293-2.

  • The Issuer agrees not to sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would be integrated with the sale of the Class B Notes and the Class A Notes in a manner that would require the registration under the Securities Act of the sale to the Class B Note Purchasers and the Class A Note Purchasers of the Class B Notes and the Class A Notes, respectively.

  • Accordingly, any action taken or omitted by the Class A Note Purchaser or any Class A Noteholder under this Indenture, the Class A Notes or any other Basic Document may not be in the interests of, and may be directly adverse to the interests of, the Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders (or any of them).

  • Accordingly, any action taken or omitted by the Class A Note Purchaser or any Class A Noteholder under this Agreement or any other Basic Document may not be in the interests of, and may be directly adverse to the interests of, the Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders (or any of them).

  • The offer, sale and delivery of the Class A-1 Notes and the Class B Notes by the Depositor to the Class A-1 Note Purchasers and the Class B Note Purchasers, respectively, in the manner contemplated in the Class A-1 Note Purchase Agreement and the Class B Note Purchase Agreement, respectively, does not require registration under the Securities Act; provided, that we express no opinions as to any subsequent resale of the Class A-1 Notes or the Class B Notes.

  • On the Closing Date, the Purchasers’ Agent shall take delivery of the Class B Notes and maintain custody thereof on behalf of the Class B Note Purchasers.

  • In addition, to secure the payment of principal of and interest on, and any other amounts owing in respect of the Class B Notes, the Bear Secured Obligations and any and all other amounts due and payable to the Class B Note Purchasers and the Class B Noteholders under the Basic Documents, and to secure compliance with this Indenture, the Issuer has agreed to pledge the Pledged Subordinate Securities as collateral to the Trustee for the benefit of the Class B Noteholders and the Class B Note Purchasers.

  • Under no circumstances shall the Class B Note Purchasers fund any Loan if after giving effect to such Funding or Incremental Funding, the aggregate Class B Note Principal Balance outstanding hereunder would (i) exceed the Class B Note Commitment or (ii) exceed the product of (y) one-ninth (1/9) and (z) the aggregate Class A Note Principal Balance outstanding under the Class A Note Purchase Agreement after giving effect to the Funding or Incremental Funding made thereunder on the same date.

  • The Class B Note Purchasers, the Purchasers’ Agent, the Issuer, and the Servicer will take all reasonable action necessary to obtain (and will cooperate with one another in obtaining) any consent, authorization, permit, license, franchise, order or approval of, or any exemption by, any Governmental Authority or any other Person, required to be obtained or made by it in connection with any of the transactions contemplated by this Class B Note Purchase Agreement.

Related to Class B Note Purchasers

  • 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 B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

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

  • 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 B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Initial Class B Note Balance means $21,340,000.

  • 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 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 B Note Initial Principal Balance means $17,980,000.

  • 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.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

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

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

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

  • 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 B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Series B Notes is defined in Section 1.

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

  • 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 C Note Initial Principal Balance means $18,948,000.

  • Class B Note Interest Shortfall means, for any distribution date, the excess of: • the Class B Noteholders’ Interest Distribution Amount on the preceding distribution date, over • the amount of interest actually distributed to the class B noteholders on that preceding distribution date, plus interest on the amount of that excess, to the extent permitted by law, at the class B note interest rate from that preceding distribution date to the current distribution date.

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