Class X Notes definition

Class X Notes. The Class X Notes in the form attached as Exhibit A-3 to the Indenture.

Class X Notes means the Class X-1 Notes, Class X-2A Notes and Class X-2B Notes.

Class X Notes means the Class X Senior Floating Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3.

Examples of Class X Notes in a sentence

• The Class E Notes, the Class S Notes and the Class X Notes will not be assigned a credit rating.

• In the event of any redemption in full or acceleration of the Class X Notes, the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Class F Notes and the Subordinated Notes will also be subject to automatic redemption and/or acceleration and the Collateral will, in each case, be liquidated.

• There will not be any increase in the Class Y Payment, the interest payable on the Class X Notes or the Class R1 Payment or the Class R2 Payment on and after the Step-Up Date.

• Prior to the service of an Enforcement Notice, the Class X Notes rank pro rata and pari passu without preference or priority among themselves in relation to payment of interest and principal at all times, but subordinate to all payments due in respect of items ranking senior thereto in the Pre-Enforcement Revenue Priority of Payments, as provided in the Conditions and the Transaction Documents.

• The Class X Notes shall not carry any rights to vote in respect of, or be counted for the purposes of determining a quorum and the result of any votes in respect of any CM Removal Resolutions or any CM Replacement Resolutions.

More Definitions of Class X Notes

Class X Notes means (i) on and after the 2016 Refinancing Date but prior to the 2019 Reset Date, the Class X Amortizing Senior Secured Floating Rate Notes due January 2028 and (ii) on and after the 2019 Reset Date, the Class X-R2 Notes.

Class X Notes means the €50,000 Class X Fixed Rate Notes due 2010 or the amount thereof for the time being outstanding, or as the context may require, a specific number thereof and, unless expressly stated to the contrary, all references to Class X Notes shall be a reference to such Class X Notes whether in global or definitive form.

Class X Notes means (x) prior to the First Refinancing Date, the Class X Senior Floating Rate Notes having the applicable Note Interest Rate and Stated Maturity as set forth in Section 2.3 and (y) on and after the First Refinancing Date, the Class X-R Notes.

Class X Notes. The Class X Senior Secured Floating Rate Notes issued by the Co-Issuers pursuant to this Indenture and having the characteristics specified in Section 2.3.

Class X Notes or "Class X-R Notes" means the Class X-R Senior Floating Rate Notes having the applicable Note Interest Rate and Stated Maturity as set forth in Section 2.3.

Class X Notes means the Class X Senior Secured Floating Rate Notes due July, 2027 and having the terms as described herein.

Class X Notes means the €100,000 Class X Residential Mortgage Backed Notes due 2066 issued or due to be issued by the Issuer on the Closing Date or, as the case may be, a specific number thereof, whether represented by Notes in definitive or global form;