Interest Only RCR Notes definition

Interest Only RCR Notes. The Class 1A-I1 Notes, Class 1A-I2 Notes, Class 1A-I3 Notes, Class 1A-I4 Notes, Class 1B-I1 Notes, Class 1B-I2 Notes, Class 1B-I3 Notes, Class 1B-I4 Notes, Class 1C-I1 Notes, Class 1C-I2 Notes, Class 1C-I3 Notes, Class 1C-I4 Notes, Class 1-X1 Notes, Class 1-X2 Notes, Class 1-X3 Notes, Class 1-X4 Notes, Class 1-Y1 Notes, Class 1-Y2 Notes, Class 1-Y3 Notes, Class 1-Y4 Notes, Class 1M-2X Notes, Class 1B-1X Notes and Class 1B-2X Notes.
Interest Only RCR Notes means the Class 1A-I1 Notes, Class 1A-I2 Notes, Class 1A- I3 Notes, Class 1A-I4 Notes, Class 1B-I1 Notes, Class 1B-I2 Notes, Class 1B-I3 Notes, Class 1B-I4 Notes, Class 1C-I1 Notes, Class 1C-I2 Notes, Class 1C-I3 Notes, Class 1C-I4 Notes, Class 1-X1 Notes, Class 1-X2 Notes, Class 1-X3 Notes, Class 1-X4 Notes, Class 1-Y1 Notes, Class 1- Y2 Notes, Class 1-Y3 Notes and Class 1-Y4 Notes.
Interest Only RCR Notes means the Class 1M-2I Notes.

Examples of Interest Only RCR Notes in a sentence

  • The interest payment on each of these Classes of Interest Only RCR Notes for a Payment Date represents a portion of the interest payment on the Class of Exchangeable Notes included in the related Combination for that Payment Date.

  • The interest payment on this Class of Interest Only RCR Notes for a Payment Date represents the portion of such interest attributable to a notional principal contract and does not constitute interest in respect of the REMIC regular interest component of the related Class or Classes of Exchangeable Notes or RCR Notes.

  • The interest payment on each of these Classes of Interest Only RCR Notes for a Payment Date represents a portion of the interest payments on the Classes of RCR Notes included in the related Combination for that Payment Date.

  • The interest payment on this Class of Interest Only RCR Notes for a Payment Date represents the portion of such interest attributable to a notional principal contract and does not constitute interest in respect of the REMIC regular interest component of the related Class of Exchangeable Notes or RCR Notes.

  • For any Payment Date for which SOFR is less than the applicable Negative SOFR Trigger set forth below, the interest payment on the specified Class of Interest Only RCR Notes will be calculated as the lesser of (x) the amount calculated based on the class coupon set forth above for that Class and (y) the aggregate of the interest amounts payable on the Classes of RCR Notes included in the same Combination that were exchanged for the specified Class of Interest Only RCR Notes for that Payment Date.

  • The interest payment on each Class of Interest Only RCR Notes for a Payment Date will be as set forth on Schedule I hereto.

  • Holders of RCR Notes (other than the Interest Only RCR Notes) will be entitled to exercise all the election rights with respect to the related Projected Recovery Amount or Liquidation Recovery Amount that are otherwise allocable to the related Exchangeable Notes.

  • Class of Interest Only RCR Notes Negative LIBOR Trigger Class M-7-X Notes .............................

  • The Notes will be issued at par and, except for the Interest Only RCR Notes (as defined herein) and certain other RCR Notes, will be 20- year, uncapped LIBOR-based floaters.On the Termination Date, the Class Principal Balances of all outstanding Notes will be paid in full.

  • Class of Interest Only RCR Notes Negative LIBOR Trigger Class 2A-I1 Notes ..............................


More Definitions of Interest Only RCR Notes

Interest Only RCR Notes means the Class 1A-I1 Notes, Class 1A-I2 Notes, Class 1A- I3 Notes, Class 1A-I4 Notes, Class 1B-I1 Notes, Class 1B-I2 Notes, Class 1B-I3 Notes, Class 1B-I4 Notes, Class 1C-I1 Notes, Class 1C-I2 Notes, Class 1C-I3 Notes, Class 1C-I4 Notes, Class 1-X1 Notes, Class 1-X2 Notes, Class 1-X3 Notes, Class 1-X4 Notes, Class 1-Y1 Notes, Class 1- Y2 Notes, Class 1-Y3 Notes, Class 1-Y4 Notes, Class 2A-I1 Notes, Class 2A-I2 Notes, Class 2A-I3 Notes, Class 2A-I4 Notes, Class 2B-I1 Notes, Class 2B-I2 Notes, Class 2B-I3 Notes, Class 2B-I4 Notes, Class 2C-I1 Notes, Class 2C-I2 Notes, Class 2C-I3 Notes, Class 2C-I4 Notes, Class 2-X1 Notes, Class 2-X2 Notes, Class 2-X3 Notes, Class 2-X4 Notes, Class 2-Y1 Notes, Class 2-Y2 Notes, Class 2-Y3 Notes and Class 2-Y4 Notes.
Interest Only RCR Notes means the Class 1A-I1 Notes, Class 1A-I2 Notes, Class 1A- I3 Notes, Class 1A-I4 Notes, Class 1B-I1 Notes, Class 1B-I2 Notes, Class 1B-I3 Notes, Class 1B-I4 Notes, Class 1C-I1 Notes, Class 1C-I2 Notes, Class 1C-I3 Notes, Class 1C-I4 Notes, Class

Related to Interest Only RCR Notes

  • Interest-Only Period means the period from and including the first Borrowing Date and through and including the sixteenth (16th) Payment Date following the first Borrowing Date.

  • Fixed Rate Notes Together, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Floating Rate Notes means the Class A-2b Notes.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.