Original Class B Notes definition

Original Class B Notes means the securities issued and authenticated on the Closing Date pursuant to the Indenture and substantially in the form of Exhibit A-2 thereto.

Original Class B Notes means the Class B Senior Secured Deferrable Floating Rate Notes due 2023 issued on the Original Closing Date pursuant to the Indenture.

Original Class B Notes means the €38,500,000 Class B-1 Senior Secured Floating Rate Notes due 2030 issued 28 July 2016 and the €7,300,000 Class B-2 Senior Secured Fixed Rate Notes due 2030 issued 28 July 2016.

Examples of Original Class B Notes in a sentence

• See section 18.1 below.The Original Class B Notes have been retained, and Additional Class B Notes should be retained by the Seller.

• Except as expressly set forth herein, the Class A-1 Notes will be subject to the same terms and conditions as the Original Class A-1 Notes, the Class A-2 Notes will be subject to the same terms and conditions as the Original Class A-2 Notes, the Class B Notes will be subject to the same terms and conditions as the Original Class B Notes and the Class C Notes will be subject to the same terms and conditions as the Original Class C Notes.

• The Liquidity Facility was undrawn as of 31 October 2016.(5) On 2 July 2013, concurrently with the issuance of the Original Class B Notes, the Issuer issued £625 million in aggregate principal amount of Initial Class A Notes, consisting of £300 million Sub-Class A1 Notes and £325 million principal amount of Sub-Class A2 Notes.

• The proceeds from the issue of the Class B2 Notes were used to redeem the remaining outstanding Original Class B Notes which had been issued by the Issuer in July 2013.

• Therefore, except as expressly set forth herein, the information regarding the Original Class A-1A Notes, the Original Class A-1B Notes, the Original Class A-2A Notes, the Original Class A-2B Notes, the Original Class B Notes and the Original Class C Notes set forth in the 2014 Offering Circular also applies to the Class A-1A Notes, the Class A-1B Notes, the Class A-2A Notes, the Class A-2B Notes, the Class B Notes and the Class C Notes, respectively.

• Therefore, except as expressly set forth herein, the information regarding the Original Class A-1 Notes, the Original Class A-2 Notes and the Original Class B Notes set forth in the 2014 Offering Circular also applies to the Class A-1 Notes, the Class A-2 Notes and the Class B Notes, respectively.

• Therefore, except as expressly set forth herein, the information regarding the Original Class A-1 Notes, the Original Class A-2 Notes, the Original Class B Notes and the Original Class C Notes set forth in the 2015 Offering Circular also applies to the Class A-1 Notes, the Class A-2 Notes, the Class B Notes and the Class C Notes, respectively.

• FGM when performed on children is a form of child abuse, violence against girls, and amounts to torture.70 We welcome the concerted efforts by the UK Government to tackle FGM.

• Except as expressly set forth herein, the Class A-1 Notes will be subject to the same terms and conditions as the Original Class A-1 Notes, the Class A-2 Notes will be subject to the same terms and conditions as the Original Class A-2 Notes and the Class B Notes will be subject to the same terms and conditions as the Original Class B Notes.

• The Original Class A-1 Notes, the Original Class A-2 Notes, the Original Class B Notes, the Original Class C Notes and the Original Class D Notes will be redeemed by the Issuer on the Issue Date but the other Original Notes will remain outstanding.