ERISA Restricted Notes definition

ERISA Restricted Notes means the Class E Notes and the Subordinated Notes.

ERISA Restricted Notes. The Subordinated Notes.

ERISA Restricted Notes means the Class E Notes and the Subordinated Notes. "Euroclear" means Euroclear Bank S.A./N.V., as operator of the Euroclear System, andany successor or successors thereto.

Examples of ERISA Restricted Notes in a sentence

• No transfer of any ERISA Restricted Note (or any interest therein) will be effective, and the Collateral Trustee will not recognize any such transfer, if after giving effect to such transfer 25% or more of the total value of each class of the ERISA Restricted Notes would be held by Persons who have represented that they are Benefit Plan Investors, disregarding ERISA Restricted Notes held by Controlling Persons.

• If we checked any of the boxes in Sections (1) through (3) above, we represent, warrant and agree that our acquisition, holding and disposition of the ERISA Restricted Notes, do not and will not constitute or give rise to a non‑exempt prohibited transaction under Section 406 of ERISA or Section 4975 of the Code.

• Each Person who becomes an owner of an ERISA Restricted Note in the form of a Certificated Note will be required to make the representations and agreements set forth in Exhibit B‑5 (or in the case of the initial purchasers of the ERISA Restricted Notes on the Closing Date, an investor representation letter).

• We acknowledge and agree that the representations, warranties and agreements contained in this Certificate shall be deemed made on each day from the date we make such representations, warranties and agreements through and including the date on which we dispose of our interests in the ERISA Restricted Notes.

• ERISA Restricted Notes in the form of Global Notes may not be acquired or transferred to Benefit Plan Investors or Controlling Persons, other than in the case of an ERISA Restricted Notes acquired on the Closing Date from the Issuer or the Initial Purchaser where such Benefit Plan Investor or Controlling Person has provided a representation letter to the Issuer certifying as to its status as a Benefit Plan Investor or a Controlling Person.

More Definitions of ERISA Restricted Notes

ERISA Restricted Notes. The Subordinated Notes. “ESG Collateral Obligation”: Any debt obligation or debt security where the consolidated group to which the relevant obligor belongs is a group whose Primary Business Activity is any of the following: (i) the production of or trade in controversial weapons or the production of or trade in components or services that have been specifically designed or designated for military purposes for the functioning of controversial weapons; (ii) firearms; (iii) the manufacturing or trade in tobacco or tobacco-related products; (iv) opioid drug manufacturing and distribution; (v) the production of or trade in pornography, adult entertainment or prostitution; (vi) the extraction of thermal coal, fossils fuels from unconventional sources (including artic drilling, tar sands, shale oil and shale gas) or other fracking activities, or coal mining and/or coal based power generation;

ERISA Restricted Notes. Each Class of Notes identified as “ERISA Restricted” in Section 2.3(b) (Authorized Amounts; Stated Maturity; Denominations).

ERISA Restricted Notes. The Subordinated Notes. “ESG Collateral Obligation”: Any debt obligation or debt security where the consolidated group to which the relevant obligor belongs is a group whose Primary Business Activity is any of the following: (i) the production of or trade in controversial weapons or the production of or trade in components or services that have been specifically designed or designated for military purposes for the functioning of controversial weapons; (ii) firearms; (iii) the manufacturing or trade in tobacco or tobacco-related products; (iv) opioid drug manufacturing and distribution; (v) the production of or trade in pornography, adult entertainment or prostitution; (vi) the extraction of thermal coal, fossils fuels from unconventional sources (including artic drilling, tar sands, shale oil and shale gas) or other fracking activities, or coal mining and/or coal based power generation; (vii) the oil sands and associated pipelines industry; (viii) upstream production of palm oil and palm fruits products; (ix) the provision of services relating to payday lending; and (x) the trade in endangered or protected wildlife. “European Transparency Requirements”: The transparency requirements under Article 7 of the EU Securitization Regulation, including Commission Implementing Regulation (EU) 2020/1225 and Commission Delegated Regulation (EU) 2020/1224 and any relevant

ERISA Restricted Notes. Any Note that does not satisfy the applicable rating requirement under the Underwriter’s Exemption.

ERISA Restricted Notes. The Class E Notes, the Class F Notes, the Subordinated Notes and the Reinvesting Holder Notes.

ERISA Restricted Notes means the Class E Notes and the Subordinated Notes. "EU/UK Securitization Requirements" means requirements relating to riskretention, transparency and due diligence as provided under EU Regulation 575/2013, EU4545 0113293-0000035 NY:34667133.13LEGAL_US_E # 153807824.1Directive 2011/61/EU (as supplemented by EU Regulation 231/2013) and EU Directive 2009/138/EC (as supplemented by EU Regulation 2015/35)each of (i) EU Regulation 2017/2402 relating to a European framework for simple, transparent and standard securitisation and (ii) the securitisation regulation enacted in the United Kingdom by virtue of the operation of the European Union (Withdrawal) Act 2018, as amended by the Securitisation (Amendment) (EU Exit) Regulations 2019 (SI 2019/660), in each case, together with any technical standards, guidance, implementing regulations or delegated regulations relating thereto and, including Article 6 and Article 7 of Regulation EU 2017/2402 of the European Parliament and the Council of 12 December 2017, and in each case, as the same may be amended and/or superseded from time to time. system.

ERISA Restricted Notes. Any of the Class IN, Class IX, Class IIN, Class IIX, Class R and Class R-4 Notes.