Subordinated Class definition

Subordinated Class means, with respect to the Class A Notes, the Class B Notes.
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Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement.
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Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes and/or Class C Notes and (b) with respect to the Class B Notes, the Class C Notes.
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Examples of Subordinated Class in a sentence

  • The Issuer shall be required to apply the proceeds of such sale, to the extent relating to principal, to redeem the Notes (other than the Subordinated Class E Notes) in accordance with the Conditions.

  • CE (P) SPK/19/2018-19 SECTION - III CONDITIONS OF THE CLIENT/CONSULTANT SERVICES AGREEMENT PART – I: GENERAL CONDITIONS OF AGREEMENT PART – II: CONDITIONS OF PARTICULAR APPLICATION TENDER NO.

  • Herzog, Washington University, St. Louis10:00 Molecular and Neural Control of Drosophila Circadian Behavior • Patrick Emery, University of Massachusetts Medical School10:30–11:00 am Refreshment Break11:00 am–12:30 pm Slide Session A: Molecular Clocks I • Azalea I C II11:00 1 • Genetic and Temporal Requirements for the Ectopic Induction of the Circadian Clock Program Reveal a Unique Role for the Clock Gene • Valerie L.

  • In accordance with the provisions of Conditions 4, 6 and 9 and the Trust Deed payments of principal and interest on the Subordinated Class B Notes are subordinated to, inter alia, payments of principal and interest on the Senior Class A Notes.

  • Principal on the Subordinated Class E Notes will be paid out of the Excess Spread Margin in accordance with the Interest Priority of Payments.

  • The Senior Class A Notes and the Subordinated Class B Notes will be secured (directly and/or indirectly) by the Security.

  • ANNEX II OUTSTANDING MASTER TRUST SERIES The table below sets forth the principal characteristics of the Class A, Class B and Subordinated Class certificates of the series that the master trust has issued that are currently outstanding.

  • The Senior Class A Notes will rank in priority to the Subordinated Class B Notes in the event of the Security being enforced.

  • Each holder of an Allowed Claim in LBHI Class 5A shall receive its Pro Rata Share of (i) Available Cash from LBHI, (ii) Subordinated Class 10B Distribution and (iii) Subordinated Class 10C Distribution.

  • If on any Payment Date, there is a balance on the Class B Principal Deficiency Ledger, then notwithstanding any other provisions of these Conditions, the principal amount payable on redemption of each Subordinated Class B Note on such Payment Date shall not exceed its Principal Amount Outstanding less the Subordinated Class B Principal Shortfall on such Payment Date.


More Definitions of Subordinated Class

Subordinated Class means (a) with respect to Class A Notes of a series, Class B Notes or Class C Notes of that series, and (b) with respect to Class B Notes of a series, Class C Notes of that series.
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Subordinated Class means any Class of Notes that is identified as being a "Subordinated Class" in the applicable Supplement. With respect to any Subsequent Issuance of a Subordinated Class, the Supplement pursuant to which such new Notes are to be issued shall specify the priority in payment of such new Subordinated Class relative to each other Subordinated Class outstanding as of such Subsequent Issuance Date.
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Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes or Class C Notes, (b) with respect to the Class B Notes, the Class C Notes. "Targeted Interest Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Interest Funding Account pursuant to Section 3.02 for such Transfer Date. "Targeted Principal Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Principal Funding Account pursuant to Section 3.10 for such Transfer Date. "Weighted Average Available Funds Allocation Amount" means, with respect to any Monthly Period for any tranche or class of Notes, the sum of the Available Funds Allocation Amount for such tranche or class, as applicable, as of the close of business on each day during such Monthly Period divided by the actual number of days in such period. Section 1.02.
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Subordinated Class means a Senior Subordinated Class or a Junior Subordinated Class.
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Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement, if applicable for such Class of Notes.
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Subordinated Class means each Investor Certificate issued hereunder.
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Related to Subordinated Class

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) (i) claims of creditors in respect of the Subordinated Notes and (ii) the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital or CET1 Capital, including, for the avoidance of doubt, all claims in respect of Deferred Shares.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Required Subordinated Amount of Class C Notes means, for the Class A( - ) Notes for any date of determination, an amount equal to the product of

  • Required Subordinated Amount of Class B Notes means, for the Class A( - ) Notes for any date of determination, an amount equal to the product of

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

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

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Class A Note Balance means, at any time, the sum of the Class A-1 Note Balance, the Class A-2 Note Balance and the Class A-3 Note Balance at such time.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

  • Subordinate Notes means the B Notes and the C Notes, individually or collectively, as the context may require.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Note Balance means, with respect to any date of determination, for any Class, the Class A-1 Note Balance, the Class A-2 Note Balance, the Class A-3 Note Balance, the Class B Note Balance, the Class C Note Balance, the Class D Note Balance or the Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of all of the foregoing.

  • Class A Noteholders’ Interest Carryover Shortfall means, with respect to any Payment Date, the excess of the Class A Noteholders’ Interest Distributable Amount for the preceding Payment Date, over the amount in respect of interest that was actually paid on the Class A Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to holders of the Class A Notes on the preceding Payment Date, to the extent permitted by law, at the respective interest rates borne by each Class of the Class A Notes for the related Interest Accrual Period.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Restricted Classes As defined in Section 4.02(e).

  • Subordinate Reduction Amount With respect to any Payment Date, the sum of the Scheduled Principal, Unscheduled Principal and Recovery Principal for such Payment Date, less the Senior Reduction Amount.

  • Initial Class C Note Balance means $152,941,000.

  • Original Subordinate Principal Balance The sum of the aggregate Current Principal Amounts of each Class of Subordinate Certificates as of the Closing Date.

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.