Series 2021B Note definition

Series 2021B Note means promissory note delivered by the Borrower pursuant to the provisions of the Series 2021 Loan Agreement with respect to the Series 2021B Loan.
Series 2021B Note means that certain promissory note evidencing the Debtor’s obligation to repay the Series 2021B Bonds.

Examples of Series 2021B Note in a sentence

  • This Series 2021B Note is subject to optional and extraordinary mandatory prepayment, in whole or in part, upon the terms and conditions set forth in the Series 2021 Loan Agreement, the Indenture and the First Supplemental Indenture.

  • The Commission hereby approves the issuance by the City of the Series 2021B Note in the aggregate principal amount not to exceed $4,700,000 for the purposes set forth above pursuant to Article 9 of the Local Government Finance Act, as amended.

  • Each Series 2021B Note shall be dated the date of authentication thereof and shall bear interest from the date of original issuance thereof or from the most recent Interest Payment Date to which interest has been paid or duly provided for.

  • The Borrower hereby certifies that all conditions, acts and things required to exist, happen and be performed precedent to and in the issuance of this Series 2021B Note, exist, have happened and have been performed, and that the issuance of this Series 2021B Note have been duly authorized by the Borrower.

  • The Series 2021B Note shall evidence the advance of funds by the Purchaser in the amount of $4,700,000 to be made on the date of issuance thereof, and shall bear interest at a variable rate (not exceeding 18%), all as provided in the resolutions of the City Council of the City authorizing the sale and issuance of the Series 2021B Note and the Note Purchase Agreement.

  • He rejects this proposal and, though he finds exclusion of any citizen from suffrage highly undesirable and thinks that (at least minimal) education should be made available to all citizens as soon as possible, he argues that, until such preconditions can be met, uneducated citizens should not receive voting privileges50.

  • The Series 2021B Note shall be in the form of a single note and shall be initially registered as to principal and interest in the name of the Purchaser.

  • Nothing in this Series 2021B Note alters in any way the Issuer’s or the Borrower’s rights, duties and obligations under the Project Agreement.

  • The Series 2021B Bonds have been issued, concurrently with the execution and delivery of this Series 2021B Note, pursuant to, and is secured by, the Indenture and the Security Documents.

  • Notwithstanding anything to the contrary herein, any amendment or waiver of any of provisions of this Series 2021B Note that would result in a violation of Part B of Schedule 16 to the Project Agreement shall be null and void unless approved by the Enterprises in accordance with the Project Agreement.

Related to Series 2021B Note

  • Class A Note means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a Class A-4 Note.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.

  • 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 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.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Class B Notes means the Class B 5.87% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

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

  • Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.

  • Class A Non-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:

  • 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.

  • Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.

  • Class C Note means any one of the Series 2020-1 3.02% Rental Car Asset Backed Notes, Class C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit C-1, Exhibit C-2 or Exhibit C-3. Definitive Class C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.

  • Class B Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class B Notes at the Class B Interest Rate on the Class B Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class B Noteholders on or prior to such preceding Payment Date.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.

  • Class D Notes has the meaning assigned to such term in the Indenture.

  • Class C Note Rate means 3.48% per annum.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Class C Note Initial Principal Balance means $52,500,000.

  • Class B Noteholders’ Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of: · the Outstanding Principal Balance of the Class B Notes; · the Class B Interest Rate; and · 30 (or, in the case of the initial Payment Date, 26) divided by 360.