Examples of Exchangeable Notes in a sentence
On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Exchangeable Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.
Such restrictions on exchange may limit the liquidity of the CM Non-Voting Notes and the CM Non-Voting Exchangeable Notes.
Exchanges of Exchangeable Notes for RCR Notes, and vice versa, may occur repeatedly.
The Noteholder will utilize the "Deposit and Withdrawal System" at DTC to exchange the Exchangeable Notes and/or RCR Notes.
RCR Notes receive interest payments from their related Exchangeable Notes at their applicable Class Coupons.