Segregated Note definition

Segregated Note means one or more segregated Series of Rental Car Asset Backed Notes.

Related to Segregated Note

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.