Class A-3 Final Scheduled Distribution Date means January 15, 2021.
Class A-4 Final Scheduled Distribution Date means January 17, 2023.
Class C Note means any one of the Series 2015-1 3.96% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C‑1, Exhibit C‑2 or Exhibit C‑3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.
Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.
Class C Note Balance means, at any time, the Initial Class C Note Balance reduced by all payments of principal made prior to such time on the Class C Notes.
Class C Required Amount means with respect to any Payment Date, an amount equal to the excess of the amount described in Section 4.4(a)(v) over Available Finance Charge Collections applied to pay such amount pursuant to Section 4.4(a).
Class C Notes has the meaning assigned to such term in the Indenture.
Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.
Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.
Initial Class C Note Balance means $152,941,000.
Accrued Class C Note Interest means, with respect to any Payment Date, the sum of the Class C Noteholders’ Monthly Accrued Interest for such Payment Date and the Class C Noteholders’ Interest Carryover Shortfall for such Payment 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.
Class C Monthly Interest is defined in Section 4.1(c).
Class A-1 Final Scheduled Distribution Date means the Distribution Date.
Class A-2 Noteholder means the Person in whose name a Class A-2 Note is registered on the Note Register.
Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.