Class B Securities definition

Class B Securities means any of the securities executed by the Transferor and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A-2 hereto.
Class B Securities means collectively the Series B Preferred Stock and/or the Class B Common Stock, as the same may be outstanding from time to time.
Class B Securities has the meaning ascribed to it in the recitals.

Examples of Class B Securities in a sentence

  • The Class B Securities will not have the right to receive payments of principal until the Class A Invested Amount has been paid in full.

  • The Class A Securities and the Class B Securities shall be issued in minimum denominations of $1,000 and integral multiples thereof.

  • The Class B Securities shall be subordinated to the Class A Securities.

  • The Class B Securities and the Excess Collateral shall be subordinated to the Class A Securities; and the Excess Collateral shall be subordinated to the Class B Securities.

  • By: Name: Title: Dated: CERTIFICATE OF AUTHENTICATION This is one of the Class B Securities referred to in the within-mentioned Pooling and Servicing Agreement.


More Definitions of Class B Securities

Class B Securities is defined in the recitals.
Class B Securities means, with respect to (a) Series 1997-1, the Class B Certificates of such Series, (b) Series 1997-2, the Class B Certificates of such Series and (c) with respect to any other Series, the Class B Notes or the Owner Trust Certificates of such Series.
Class B Securities. The Class B-1 Notes and the Class B-2 Certificates. CLASS B-2 CERTIFICATES: Any one of the Class B-2 Certificates. CLOSING DATE: March 31, 1998.
Class B Securities means the Class B Common Shares issuable pursuant to the Class B Common Stock Commitment Agreement, the Warrants, and the additional Class B Common Shares issuable upon exercise of the Warrants.
Class B Securities means the variable funding securities executed by the Transferor and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A-2 hereto.
Class B Securities means Common Stock and Warrants.
Class B Securities has the meaning set forth in the preamble.