Class A-5 Note definition

Class A-5 Note means a Class A-5 Note issued pursuant to the Indenture, substantially in the form of Exhibit A-5 thereto.
Class A-5 Note. Any Class A-5 Note in the form attached to the Indenture as Exhibit A-5.
Class A-5 Note. Any one of the Class A-5 Notes executed by the Owner Trustee on behalf of the Trust, and authenticated and delivered by the Indenture Trustee, pursuant to the Indenture.

Examples of Class A-5 Note in a sentence

  • The Class A-5 Note Pool Factor after giving affect to the payments set forth in paragraph A5c.

  • The Class A-5 Note Pool Balance after giving effect to payments allocated to principal as set forth in paragraph A5c.

  • The Class A-5 Note Pool Factor after giving affect to the payments set forth in paragraph A5c..

  • The Class A-5 Note Pool Balance after giving effect to payments allocated to principal as set forth in paragraph A5c..

  • The Issuer will pay interest on this Class A-5 Note at the rate per annum equal to the Note Interest Rate (as defined in the Indenture) for this Note, on each Distribution Date until the principal of this Note is paid or made available for payment, on the principal amount of this Note Outstanding on the preceding Distribution Date (after giving effect to all payments of principal made on the preceding Distribution Date).

  • BNY MTC is hereby appointed Calculation Agent for the purpose of determining the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for each Series 2005-2 Interest Period.

  • On each LIBOR Determination Date, the Calculation Agent shall determine the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate for the next succeeding Series 2005-2 Interest Period and deliver notice of the Class A-1 Note Rate, the Class A-3 Note Rate, the Class A-5 Note Rate, the Class B-1 Note Rate, the Class B-3 Note Rate and the Class B-5 Note Rate to the Trustee and the Administrator.

  • The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.3. (b) The principal of each Note shall be payable in installments no later than 12 noon, New York City time, on each Distribution Date as provided in the forms of the Class A-1 Note, the Class A-2 Note, the Class A-3 Note, the Class A-4 Note and the Class A-5 Note, set forth in Exhibits B, C, D, E, and F, respectively.

  • The Notes shall accrue interest as provided in the forms of the Class A-1 Note, the Class A-2 Note, the Class A-3 Note, the Class A-4 Note, the Class A-5 Note, the Class A-6 Note and the Class A-7 Note set forth in Exhibits C-1, C-2, C-3, C-4, C-5, C-6 and C-7, respectively, and such interest shall be payable on each Distribution Date as specified therein, subject to Section 3.01.

  • Failure to give notice of purchase, or any defect therein, to any Holder of any Class A-5 Note shall not impair or affect the validity of the purchase of any other Class A-5 Note.


More Definitions of Class A-5 Note

Class A-5 Note means an Auction Rate Class A-5 Asset Backed Note issued pursuant to the Indenture, substantially in the form of Exhibit A-5 thereto.
Class A-5 Note. RATE: six and five hundred ninety/1000 percent (6.590%) per annum based upon thirty days elapsed each month in a twelve-month year.
Class A-5 Note means any of the 3.21000% Asset Backed Notes, Class A-5, issued under the Indenture.

Related to Class A-5 Note

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-2 Note means any of the 0.51% Asset Backed Notes, Class A-2, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A Note means any Class A-1 Note, Class A-2 Note, Class A-3 Note or Class A-4 Note.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Class A-4 Note means any of the [____]% Asset Backed Notes, Class [A-4], issued under the Indenture substantially in the form attached thereto as Exhibit A.

  • Class A-3 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-3 hereto.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-3 Note means any of the 1.34% Asset Backed Notes, Class A-3, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • 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.