Examples of Term Notes in a sentence
Term Notes of each Class and Series of Notes initially sold in offshore transactions in reliance on Regulation S shall be represented by the Regulation S Global Note for such Class and Series, which shall be deposited with the Indenture Trustee as custodian for the Depositary.
Class of Notes Initial Class Principal Balance Note Rate Note Type Rating (Fitch) Series 2024-1, Class A-2 $ 530,000,000 6.19 % Term Notes A Series 2024-1, Class B $ 73,000,000 7.02 % Term Notes BBB Series 2024-1, Class C $ 147,000,000 11.16 % Term Notes BB- Accrued Note Interest with respect to each Interest Accrual Period for the Series 2024-1 Term Notes will be calculated on a 30/360 Basis in the manner set forth in the definition of “Accrued Note Interest” in Section 1.01 of the Base Indenture.
Except as otherwise provided in this Section 2.09(c) or in a Series Supplement for any Series of Term Notes, Prepayment Consideration shall be payable in connection with (i) any optional prepayment of any Class of Term Notes and (ii) any prepayments of any Class of Term Notes made in connection with a Release Price Disposition, in each case of clauses (i) and (ii), that are made during the applicable Prepayment Consideration Period.
Upon the execution and delivery of this Series Supplement, the Issuer shall execute and deliver the Series 2024-1 Notes to the Indenture Trustee and the Indenture Trustee shall, upon receipt of an Issuer Order, authenticate the Series 2024-1 Notes and shall hold the Series 2024-1 Term Notes as agent for the Depositary under the Fast Automated Securities Transfer Program.
Such Note Owners shall hold and, subject to Sections 2.02(b), 2.02(c) and 2.02(k), transfer their respective ownership interests in and to such Notes through the book-entry facilities of the Depositary and, except as provided in Section 2.03(c), shall not be entitled to Definitive Term Notes in respect of such ownership interests.