Examples of Class A-1 Note in a sentence
Within the Class A Notes, the Class A2 Notes will be subordinated to the Class A1 Notes to the extent that prior to enforcement, no payment of principal by the Issuer on the Class A2 Notes will be made whilst any Class A1 Note remains outstanding.
If requested by the Master Issuer in writing and with the prior written consent of the L/C Provider and the Administrative Agent, the L/C Provider may (but shall not be obligated to) increase the amount of the L/C Commitment; provided that, after giving effect thereto, the aggregate amount of each of the Outstanding Series 2017-1 Class A-1 Note Advances, the Swingline Commitment and the L/C Commitment does not exceed the aggregate Commitment Amounts.
Each Class A1 Note entitles the Class A1 Noteholder thereof to receive from the Available Distribution Amount on each Payment Date interest at the rate equivalent to one-month London Interbank Offered Rate ("LIBOR") for Sterling deposits plus 0.70 per cent.
The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A1 Note or Class A2 Note, or a Class A1 Note or Class A2 Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.