Series 2012B Notes means the note of the Borrower evidencing its repayment obligation for the loan of the proceeds of the Series 2012B Bonds, in substantially the form attached hereto as Exhibit D.
Series 2012B Notes is defined in Section 1.1.
Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.
B Notes means each of Note B-1 and Note B-2.
Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.
Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.
Class B Notes means the Class B 5.87% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.
Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.
MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on
Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.
Class A-2-A Notes has the meaning assigned to such term in the Indenture.
A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.
Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.
Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.
Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.
Class A-4 Notes means the 0.62% Asset Backed Notes, Class A-4, substantially in the form of Exhibit A-4 to the Indenture.
Class E Notes has the meaning assigned to such term in the Indenture.
Class A-2a Notes means the $ Class A-2 % Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.
Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.
Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.
Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 Notes.
Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.
Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.
Class B Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class B Percentage for that distribution date, plus any Class B Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class B Noteholders’ Principal Distribution Amount will not exceed the principal balance of the class B notes.In addition, on the class B maturity date, the principal required to be distributed to the class B noteholders will include the amount required to reduce the outstanding principal balance of the class B notes to zero.
Initial Class A-1 Note Balance means $265,000,000.
Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.
Class D Notes has the meaning assigned to such term in the Indenture.
Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.