Examples of Series of Class B Notes in a sentence
No payment of interest will be made on each Series of Class B Notes until all of the Issuer’s expenses (including applicable fees for Agents), and all interest on each Series of Class A Notes are paid in full, and no payment of principal will be made on a Series of Class B Notes until the principal amount of each Series of Class A Notes is paid in full.
Subordination of Notes Holders of a Series of Class B Notes will bear more credit risk with respect to the Issuer than holders of a Series of Class A Notes and will incur losses, if any, prior to holders of a Series of Class A Notes because of the subordination of the Series of Class B Notes in relation to the Series of Class A Notes.
Each Series of Class B Notes will be issued in denominations of Euro 1,000.
It was replaced by Matrimonial and Family Proceedings Act 1984 which had reduced the period to one year.
Each Global Note for any Series of Class B Notes shall be deposited with a Common Depositary for Clearstream, Luxembourg and Euroclear and be held in book-entry form only (each such nominee, respectively, the "Registered Holder").
Each Global Note for any Series of Class B Notes shall be deposited with a Common Depositary for Clearstream, Luxembourg and Euroclear and be held in book-entry form only.
Thereafter, payments on each Series of Class B Notes will be made from any amounts remaining from the Available Distribution Amount after the payment of principal on each Series of Class A Notes until the Note Principal Amount Outstanding of each Series of Class B Notes equals the Class B Targeted Note Balance.
With respect to the obligation of the Issuer to repay principal on the Notes, the Conditions provide that the Class A Notes will rank pari passu and without any preference or priority among themselves; each Series of Class B Notes will rank pari passu and without any preference or priority among themselves but will be subordinated to the Class A Notes.
Issue Dates A Series of Class A Notes or Class B Notes may be issued on any Payment Date falling (i) in the case of Further Notes of an existing Series of Class A Notes or an existing Series of Class B Notes prior to (but excluding) the Series Revolving Period Expiration Date applicable to such Series, or (ii) in the case of Further Notes of a different Series on any Payment Date prior to the Programme Maturity Date (each such Payment Date a "Further Issue Date").
Thereafter, payments of principal on each Series of Class B Notes will be made from any amounts remaining from the Available Distribution Amount after the payment of principal on each Series of Class A Notes until the Note Principal Amount Outstanding of each Series of Class B Notes equals the Targeted Remaining Class B Note Balance.