Class A-2-B Notes definition

Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.
Class A-2-B Notes has the meaning assigned to such term in the Indenture.
Class A-2-B Notes means the Class A-2-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-2-B.

Examples of Class A-2-B Notes in a sentence

  • The Issuer agrees that for so long as the Class A-2-B Notes are Outstanding, the Trust Collateral Agent shall calculate SOFR for each Interest Period in accordance with the definition of “SOFR” herein.


More Definitions of Class A-2-B Notes

Class A-2-B Notes means the Class A-2-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-2-B to the Indenture.
Class A-2-B Notes means the LIBOR + 0.37% Asset Backed Notes, Class A-2-B, substantially in the form of Exhibit A-2-B to the Indenture.
Class A-2-B Notes means the SOFR Rate + 0.63% Asset Backed Notes, Class A-2-B, substantially in the form of Exhibit A-2 to the Indenture.
Class A-2-B Notes means the Class of Auto Lease Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.
Class A-2-B Notes has the meaning assigned to such tern in the Indenture.
Class A-2-B Notes means the $405,000,000 aggregate principal amount of the Issuer’s LIBOR + 0.18% Class A-2-B Asset Backed Notes, issued pursuant to the Indenture.
Class A-2-B Notes means the Class A-2-B Floating Rate Asset Backed Notes, substantially in the form of Exhibit A-2-B. "CLASS A-2-B PREPAYMENT AMOUNT" means, as of the Distribution Date on or immediately following the last day of the Funding Period, after giving effect to any transfer of Subsequent Receivables on such date, an amount equal to the Class A-2-B Noteholders' pro rata share (based on the respective current outstanding principal balance of each class of Notes) of the Pre-Funded Amount as of such Distribution Date.