Class X Notes definition
Examples of Class X Notes in a sentence
The failure to pay Accrued Note Interest on the Class X Notes, shall not constitute an Event of Default under the Indenture.
Upon redemption in full of all Higher Ranking Classes of Notes, the Class X Notes are subject to redemption on such Notes Payment Date and on each Notes Payment Date thereafter in accordance with and subject to Condition 6(d) (Redemption of the Class X Notes) and Condition 9(b) (Principal).
Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $100,000 and integral multiples of $1 in excess thereof.
Registered Holders will hold interests in the Class X Notes in physical form in minimum initial Notional Amount of $25,000 and integral multiples of $1 in excess thereof.
All reductions in the principal amount of a Note (excluding the Class X Notes) effected by payments of principal made on any Payment Date shall be binding upon all Holders of this Note and of any note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, whether or not such payment is noted on such Note.