Class B Notes definition

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 Notes means the Class of Auto Loan Asset Backed Notes designated as Class B Notes, issued in accordance with the Indenture.
Class B Notes means the $4,200,000 Floating Rate Class B Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

Examples of Class B Notes in a sentence

The Global Note representing the Class B Notes will be deposited with a common depositary for Clearstream Luxembourg and Euroclear and thereafter, the Global Note will be held in book-entry form only.

The Global Note representing the Class A Notes will be issued in the name of a nominee of the Common Safekeeper and the Global Note representing the Class B Notes will be issued in the name of a nominee of the common depositary for Clearstream Luxembourg and Euroclear (each such nominee, respectively, the "Registered Holder").

The final payment of the then outstanding principal amount plus interest thereon is expected to take place on or before the Payment Date which is the last day on which a lease payment on outstanding Purchased Lease Receivables becomes due, falling in August 2025 (the "Class A Scheduled Repayment Date") for the Class A Notes and the Payment Date falling in August 2025 (the "Class B Scheduled Repayment Date") for the Class B Notes.

Denomination The issue in the aggregate nominal amount of EUR 1,024,100,000 consists of 10,000 registered Class A Notes with a nominal amount of EUR 100,000 each, ranking equally among themselves and senior to the Class B Notes, and of 241 registered Class B Notes with a nominal amount of EUR 100,000 each, ranking equally among themselves but subordinated to the Class A Notes and senior to the Subordinated Loan.

The obligations of the Advancing Agent and the Backup Advancing Agent to make Interest Advances in respect of the Class A Notes, the Class A-S Notes and the Class B Notes will continue through the Stated Maturity Date, unless the Class A Notes, the Class A-S Notes and the Class B Notes are previously redeemed or repaid in full.


More Definitions of Class B Notes

Class B Notes means the Class B 2.30% Asset Backed Notes, substantially in the form of Exhibit B.
Class B Notes means the 3.24% Asset Backed Notes, Class B, substantially in the form of Exhibit B to the Indenture.
Class B Notes means the 0.74% Class B Asset-backed Notes issued by the Issuer pursuant to the Indenture in the initial aggregate principal amount of $45,100,000.
Class B Notes means the $ Class B % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit B to the Indenture.
Class B Notes means the $69,520,000 aggregated initial principal amount Class B 2.24% Asset Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit B to the Indenture.
Class B Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A‑3.
Class B Notes means the Class B 1.44% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.