Successor Class B Trust definition

Successor Class B Trust has the meaning assigned to such term in the definition of “Class B Trust Agreement”.
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Successor Class B Trust and, together with the Original Class B Trust, the “Class B Trusts”) governed by the Basic Agreement, as supplemented by a separate Pass Through Trust Supplement (the “Successor Trust Supplement”), between the Company and the Class B Trustee (the Basic Agreement, as supplemented by such Successor Trust Supplement, being referred to herein as the “Successor Class B Pass Through Trust Agreement” and, together with the Original Class B Pass Through Trust Agreement, the “Designated Agreements”). Each Class B Certificate outstanding on the Trust Transfer Date will represent the same interest in the Successor Class B Trust as the Class B Certificate represented in the Original Class B Trust. Wilmington Trust, National Association initially will also act as trustee of the Successor Class B Trust. Certain amounts of interest payable on the Class B Certificates issued by the Class B Trusts will be entitled to the benefits of a separate liquidity facility. National Australia Bank Limited, acting through its New York Branch (the “Liquidity Provider”), will enter into a revolving credit agreement with respect to the Class B Trusts (the “Liquidity Facility”) to be dated as of the Closing Date for the benefit of the holders of the Class B Certificates issued by the Class B Trusts. The Liquidity Provider and the holders of the Class B Certificates will be entitled to the benefits of an Amended and Restated Intercreditor Agreement to be dated as of the Closing Date (the “Intercreditor Agreement”) among the Trustees, Wilmington Trust, National Association, as subordination agent and trustee thereunder (the “Subordination Agent”), and each Liquidity Provider.
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Related to Successor Class B Trust

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • Class B Trust Class B Trustee", "Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • Successor Guarantee Trustee means a successor Guarantee Trustee possessing the qualifications to act as Guarantee Trustee under Section 4.1.

  • Predecessor Certificate means a Predecessor Corporate Units Certificate or a Predecessor Treasury Units Certificate.

  • Successor Institutional Trustee has the meaning set forth in Section 4.3(a).

  • Class B Trustee Class C Certificate", "Class C Certificateholder", "Class C Trust", "Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Class A Trust Has the meaning specified in the Intercreditor Agreement.

  • Class B Trust Agreement “Class B Trustee”, “Closing Date”, “Continental”, “Continental Bankruptcy Event”, “Controlling Party”, “Corporate Trust Office”, “Delivery Period Expiry Date”, “Downgraded Facility”, “Downgrade Event”, “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Financing Agreement”, “Investment Earnings”, “Liquidity Facility”, “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • Successor Company shall have the meaning specified in Section 11.01(a).

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Successor Trustee means a successor Trustee possessing the qualifications to act as Trustee under Section 4.01.

  • Additional Tier 1 Capital means capital which is treated as Additional Tier 1 capital (or any equivalent or successor term) under CRD IV requirements by the Relevant Regulator for the purposes of the Issuer and the Group;

  • Class A Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-2A-S thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-2A-S and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Class A Trustee means the trustee for the Class A Pass Through Trust.

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • Successor Delaware Trustee has the meaning set forth in Section 4.5(e).

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Successor Corporation means a corporation, or a parent or subsidiary thereof within the meaning of Section 424(a) of the Code, which issues or assumes a stock option in a transaction to which Section 424(a) of the Code applies.

  • Successor Index means any substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 hereof.