Examples of M-8 Notes in a sentence
All payments made by the Issuer with respect to this Note shall be equal to this Note's PRO RATA share of the aggregate payments on all Class M-8 Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.
All payments made by the Issuer with respect to this Note shall be equal to this Note’s pro rata share of the aggregate payments on all Class M-8 Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.
The 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 shall be issuable in the minimum initial Note Balances of $250,000 and in integral multiples of $1 in excess thereof.
The Notes shall be issued in thirteen Classes, the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, 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.
INITIAL SUBORDINATION (% OF ORIG.): 27.65% for the Class A Notes; 20.80% for the Class M-1 Notes; 14.40% for the Class M-2 Notes; 12.30% for the Class M-3 Notes; 10.10 % for the Class M-4 Notes; 8.10% for the Class M-5 Notes; 6.25% for the Class M-6 Notes; 4.25% for the Class M-7 Notes; 1.70% for the Class M-8 Notes; and 0.05% for the Class M-9 Notes.
The Sponsor will receive the Class M-8 Notes, Class M-9 Notes and the Class M-10 Notes.
All payments made by the Issuer with respect to this Note shall be equal to this Note's pro rata share of the aggregate payments on all Class M-8 Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.
The Notes shall be issued in sixteen Classes, the Class A-1A Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class A-2D Notes, 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, Class M-9 Notes, Class M-10 Notes and Class M-11 Notes.
Following the reduction of the Overcollateralization Amount to zero, all allocable Realized Losses will be allocated in reverse sequential order, first to the Class M-10 Notes, second to the Class M-9 Notes, third to the Class M-8 Notes, fourth to the Class M-7 Notes, fifth to the Class M-6 Notes, sixth to the Class M-5 Notes, seventh to the Class M-4 Notes, eighth to the Class M-3 Notes, ninth to the Class M-2 Notes and tenth to the Class M-1 Notes, in that order for so long as such Notes are outstanding.
Following the reduction of the Overcollateralization Amount to zero, all allocable Realized Losses will be allocated in reverse sequential order, first to the Class M-11 Notes, second to the Class M-10 Notes, third to the Class M-9 Notes, fourth to the Class M-8 Notes, fifth to the Class M-7 Notes, sixth to the Class M-6 Notes, seventh to the Class M-5 Notes, eighth to the Class M-4 Notes, ninth to the Class M-3 Notes, tenth to the Class M-2 Notes, eleventh to the Class M-1 Notes.