Note B Holder definition

Note B Holder means with regards to any B Note, the related Initial Note Holder or any subsequent holder of such B Note, as applicable.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Note B Holder means, individually or collectively as the context may require, the Note B-1 Holder, the Note B-2 Holder and the Note B-3 Holder.

Note B Holder shall have the meaning assigned to such term in the recitals, and any successor in interest, or any subsequent holder of the Note B.

Examples of Note B Holder in a sentence

Each B Note and the right of each Note B Holder to receive payments of interest, principal and other amounts with respect to each B Note shall at all times be junior, subject and subordinate to each A Note and the right of the related holder to receive payments of interest, principal and other amounts with respect to such A Note, in each case as further described below.

More Definitions of Note B Holder

Note B Holder shall have the meaning assigned to such term in the preamble.

Note B Holder means the Noteholder of the B Note.

Note B Holder shall have the meaning assigned to such term in the introductory paragraph hereof.

Note B Holder means the Initial Note B Holder or any subsequent holder of Note B, together with its successors and assigns. “Note B Percentage Interest” shall mean a fraction, expressed as a percentage, the numerator of which is the Note B Principal Balance and the denominator of which is the sum of the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance, the Note A-5 Principal Balance, the Note A-6 Principal Balance, the Note A-7 Principal Balance, the Note A-8 Principal Balance and the Note B Principal Balance.

Note B Holder means with respect to (i) Note B-1-EMP and Note B-1-SFC, the Initial Note B-1 Holder and (ii) Note B-2-EMP and Note B-2-SFC, the Initial Note B-2 Holder, or any subsequent holder of such Note.

Note B Holder or “Note-B Holders” means the Initial Note-B Holder and any subsequent holder of any of the B-Notes.

Note B Holder. Any holder of a Note B related to an A/B Whole Loan.