Class B Noteholder definition

Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register.
Class B Noteholder means the Person in whose name a Class B Note is registered on the Note Register.
Class B Noteholder means any holder of a Class B Note.

Examples of Class B Noteholder in a sentence

  • On each Distribution Date, the Indenture Trustee shall distribute to each Class B Noteholder of record on the related Record Date (other than as provided in Section 11.2 of the Indenture) such Class B Noteholder's pro rata share of the amounts on deposit in the Distribution Account that are allocated and available on such Distribution Date and as are payable to the Class B Noteholders pursuant to this Indenture Supplement.


More Definitions of Class B Noteholder

Class B Noteholder means the Person in whose name a Class B Note shall be registered in the Note Register, except that, solely for the purposes of giving any consent, waiver, request, or demand pursuant to the Basic Documents, the interest evidenced by any Class B Note registered in the name of the Seller, the Servicer, or any person controlling, controlled by, or under common control with the Seller or the Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, waiver, request, or demand shall have been obtained.
Class B Noteholder means any holder of record of a Class B Note.
Class B Noteholder means a holder of Class B Notes;
Class B Noteholder means the Person in whose name a Class B Note is registered in the Note Register. “Class B Shortfall” has the meaning set forth in Section 2.3(g)(ii).
Class B Noteholder means the Person in whose name the respective Class B Note shall be registered in the Note Register, except that, solely for the purposes of giving any consent, waiver, request, or demand pursuant to this Indenture, the interest evidenced by any Class B Note registered in the name of the Issuer, the Seller, the Servicer or UAC, or any Person controlling, controlled by, or under common control with the Issuer, the Seller or the Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, waiver, request, or demand shall have been obtained.
Class B Noteholder has the meaning specified in the Indenture.