Senior Class definition

Senior Class means, with respect to the Class B Notes, the Class A Notes.

Senior Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement.

Senior Class means (a) with respect to the Class B Notes, the Class A Notes, and (b) with respect to the Class C Notes, the Class A Notes and/or Class B Notes.

Examples of Senior Class in a sentence

• In exercising its discretion as to whether or not to give an Enforcement Notice to the Issuer in respect of the Most Senior Class of Notes, the Security Trustee shall not be required to have regard to the interests of the holders of any Class of Notes ranking junior to the Most Senior Class of Notes.

• However, there is no assurance that these subordination provisions will protect the holders of the more senior classes of Notes (including the Most Senior Class of Notes) from all or any risk of loss.

• The Sophomore, Junior, and Senior Class Officers shall select Class Council members at their own discretion.

• The incoming Sophomore, Junior, and Senior Class Treasurers shall each develop, submit, and present a budget proposal for his or her respective Class Council to the Financial Management Board for the annual allocation meeting.

• The Sophomore, Junior, and Senior Class Officers shall ensure the efficient and effective operation of the Class Councils.

More Definitions of Senior Class

Senior Class with respect to a class of Notes of any series, has the meaning specified in the related Indenture Supplement.

Senior Class means (a) with respect to Class B Notes of a series, Class A Notes of that series and (b) with respect to Class C Notes of a series, Class A Notes or Class B Notes of that series.

Senior Class means (a) initially, all Outstanding Class A Equipment Notes, (b) on and after the payment in full of all Outstanding Obligations with respect to the Class A Equipment Notes, all Outstanding Class B Equipment Notes, (c) on and after the payment in full of all Outstanding Obligations with respect to the Class A Equipment Notes and Class B Equipment Notes, all Outstanding Class C Equipment Notes and (d) on and after the payment in full of all Outstanding Obligations with respect to the Equipment Notes, all Outstanding Subordinated Notes.

Senior Class means (a) with respect to the Obligations of the Borrower, (i) so long as any Loans are Outstanding, the Loans and (b) with respect to the Obligations of the Guarantor, so long as any Guarantor Loans are Outstanding, the Guarantor Loans and (ii) after the Guarantor Loans have been paid in full, the Class E Securities.

Senior Class means the Class A Notes whilst they remain Outstanding and thereafter the Class B Notes whilst they remain Outstanding;

Senior Class means (a) with respect to the Securities, so long as any Class A Securities are Outstanding, the Class A Securities and (b) with respect to the Guarantor Securities, (i) so long as any Guarantor Class A Securities are Outstanding, the Guarantor Class A Securities, (ii) after the Guarantor Class A Securities have been paid in full but so long as any Class A Securities are Outstanding, the Class A Securities and (iii) after the Guarantor Class A Securities have been paid in full, the Class E Securities.

Senior Class means (a) initially, all Outstanding Class A Equipment Notes, (b) on and after the payment in full of all Outstanding Obligations with respect to the Class A Equipment Notes, all Outstanding Class B Equipment Notes, (c) on and after the payment in full of all Outstanding Obligations with respect to the Class A Equipment Notes and Class B Equipment Notes, all Outstanding Class C Equipment Notes, (d) on and after the payment in full of all Outstanding Obligations with respect to the Equipment Notes, all Outstanding Subordinated Notes and (e) on and after the payment in full of all Outstanding Obligations with respect to the Notes, all Outstanding Class E Certificates.