Examples of Affected Class in a sentence
The obligations of the Issuer to pay any amounts due and payable in respect of a Series of Notes and to the other Programme Parties and Transaction Parties at any time in respect of a Series shall be limited to the proceeds available out of the Mortgaged Property in respect of such Series at such time to make such payments in accordance with Master Condition 15 (Application of Available Proceeds or Affected Class Collateral Proceeds).
Permitted Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Lender’s Loans and Commitments of such Affected Class as to which such Lender’s acceptance has been made.
With effect from the date on which any valid Enforcement Notice is effectively delivered by the Trustee following the occurrence of an Enforcement Event, the Trustee shall hold the Available Proceeds received by it under the Trust Deed on trust to apply them in the manner specified in Master Condition 15 ( Application of Available Proceeds or Affected Class Collateral Proceeds).
No change to the Memorandum and Articles which is, if passed, materially adverse to the rights of Affiliate, Candidate or Companion or Local Members (the “Affected Class”) shall be made without the affirmative vote of not less than two thirds of the votes of the members of the Affected Class cast at a meeting of those members.
The following is a discussion of our evaluation of the revision.A. Affected Class I AreasIn accordance with 40 CFR 51.308(d), South Dakota identified two Class I areas within its borders: Badlands National Park and Wind Cave National Park.