Post-ARD Spread definition

Post-ARD Spread means for the Class A Notes and the Class B Notes, [***]% and [***]%, respectively.
Post-ARD Spread means for the Class A Notes, the Class B Notes and the Class C Notes, [***]%, [***]% and [***]%, respectively.
Post-ARD Spread. With respect to (i) the Series 2017-1 Class A Notes, a percentage equal to 2.10%, and (ii) the Series 2017-1 Class B Notes, a percentage equal to 3.10%.

Examples of Post-ARD Spread in a sentence

  • The Series 2016-1 Class A-2 (2017) Note Rate and the Post-ARD Spread with respect to the Series 2016-1 Class A-2 (2017) Notes may be reset by the Issuers as of the Class A-2 (2017) Reissuance Date, as set forth in an Issuer Order executed by the Issuers and delivered to the Indenture Trustee at the time of such Class A-2 (2017) Reissuance.

  • Notwithstanding the provisions of Article VIII of the Master Indenture, the reset of the Series 2016-1 Class A-2 (2017) Note Rate and the Post-ARD Spread with respect to the Series 2016-1 Class A-2 (2017) Notes shall not require the consent of any Noteholders and shall not be conditioned upon prior notice to any party or the Rating Agency.


More Definitions of Post-ARD Spread

Post-ARD Spread. For (i) the Series 2014-4 Class A-1 Notes is 1.75% and (ii) the Series 2014-4 Class A-2 Notes is 2.15%.
Post-ARD Spread means, for the Series 2019-2 Class B Notes, 3.93%.
Post-ARD Spread is 0.50%.
Post-ARD Spread. (i) With respect to the Series 2016-1 Class A-1 (2016) Notes, a percentage equal to 2.44%, (ii) with respect to the Series 2016-1 Class A-2 (2017) Notes, a percentage equal to 2.42% and (iii) with respect to the Series 2016-1 Class B Notes, a percentage equal to 3.37%; provided, however, that with respect to the Series 2016-1 Class A-2 (2017) Notes, such annual rate may be reset by the Issuers as of the Class A-2 (2017) Reissuance Date.
Post-ARD Spread. With respect to (i) the Class A-1 (AAA) Notes, 1.65%, and (ii) the Class A-2 (A) Notes, 2.25%.
Post-ARD Spread means (i) for the Class A Bonds, 2.00%, and (ii) for the Class B Bonds, 2.72%.
Post-ARD Spread means with respect to any Class or Series of Notes, the percentage specified as such in the related Indenture Supplement.