Class P Notes definition

Class P Notes. Collectively, the Class [PF] and Class [PV] Notes.
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Examples of Class P Notes in a sentence

  • The Notes are being issued in several classes, including the Class A Notes, the Class M-1 Notes, the Class M-2 Notes, the Class B-1 Notes, the Class C Notes, the Class S Notes and the Class P Notes.

  • All interest payments on each Class of Notes (other than the Class P Notes) shall be made pro rata to the Noteholders of such Class entitled thereto.

  • Interest shall be computed on each Class of Notes (other than any Class of LIBOR Notes or Class P Notes) on the basis of a 360-day year consisting of twelve 30-day months.

  • In the case of a redemption of the Notes (other than the Class P Notes) pursuant to Section 10.01, the Payment Date specified by the Indenture Trustee in the notice delivered pursuant to Section 10.02.

  • In the case of a redemption of the Class P Notes, the Payment Date in May 2011, unless the Notes (other than the Class P Notes) are redeemed earlier, in which case the Class P Notes shall be redeemed on the Payment Date as determined pursuant to the immediately preceding sentence.

  • The Class C, Class S and Class P Notes will be issued as Definitive Notes.

  • Subject to Section 2.11, the Class A, Class M-1, Class M-2 and Class B-1 Notes shall be Book-Entry Notes and the Class C, Class S and Class P Notes shall be Definitive Notes.

  • For the purposes of the REMIC election in respect of the REMIC Trust, the Class A Notes, the Mezzanine Notes, the Class C Notes and the Class P Notes shall be designated as the Regular Interests in the REMIC Trust.

  • The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the NIMS Trust without recourse all the right, title and interest of the Depositor in and to the Class S and Class P Notes, for the benefit of the Holders of the Class N Notes.

  • The NIMS Trust acknowledges the assignment to it of the Class S and Class P Notes and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor, the Owner Trustee on behalf of the NIMS Trust has executed, authenticated and delivered to or upon the order of the Depositor, the Class N Notes and NIMS Certificates in authorized denominations.

Related to Class P Notes

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • B Notes means each of Note B-1 and Note B-2.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class D Notes has the meaning assigned to such term in the Indenture.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class P Certificate Any one of the Class P Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-5 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A-1 Notes means the Class A-1 1.28000% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class of Notes means each of the Classes of Notes being:

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class A-4 Notes means the Class A-4 3.44% Asset-Backed Notes, substantially in the form of Exhibit A-4 to the Indenture.

  • 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-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.