Class M Notes definition

Class M Notes. The Class M-1, Class M-2 and Class M-3 Notes.
Class M 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‑2.
Class M 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-2.

Examples of Class M Notes in a sentence

  • Section 1.2 Transfer Restrictions.(a) The Class M Notes and Class B Notes have not been registered under the Securities Act or any state securities law.

  • The Class M Notes are not entitled to any other amounts under the Conditions.

  • In particular, payments in respect of the Class X Notes and the Class A Notes are generally higher in the Priorities of Payment than those of the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Class F Notes, the Class Z Notes, the Subordinated Notes and the Class M Notes.

  • As a result, any deterioration in performance of the asset portfolio, including defaults and losses, a reduction of realised yield or other factors, will be borne first by holders of the Class M Notes and the Subordinated Notes, then the Class Z Notes and then by the holders of the Rated Notes in reverse order of seniority.

  • Such Class M Notes may be transferred and a portion of such Class M Notes shall be issued on the Issue Date to one or more Subordinated Noteholders.


More Definitions of Class M Notes

Class M Notes. Collectively, the Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class M9 Notes.
Class M Notes means the Class M-1, Class M-2 and Class M-3 Notes issued pursuant to the Debt Agreement.
Class M Notes. The Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes Class M-7 Notes, Class M-8 Notes and Class M-9 Notes.
Class M Notes. The Class M-1 Notes and Class M-2 Notes in the form attached as Exhibit A-2 to the Indenture.
Class M Notes. Any Class of Notes issued under the Indenture including the letter “M” in its Class designation.
Class M Notes. Collectively, the [Class MF-1], [Class MF-2], [Class MF-3], [Class MF-4], [Class MF-5], [Class MF-6], [Class MF-7], [Class MF-8], [Class MV-1], [Class MV-2], [Class MV-3], [Class MV-4], [Class MV-5], [Class MV-6], [Class MV-7] and [Class MV-8] Notes.