Class B Notes definition

Class B Notes has the meaning assigned to such term in the Indenture.
Class B Notes means the Class of Auto Loan Asset Backed Notes designated as Class B Notes, issued in accordance with the Indenture.
Class B Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

Examples of Class B Notes in a sentence

  • The Issuer shall not engage in any business or activity other than issuing and selling the Class A Debt, the Class B Notes, the Class C Notes and the Class D Notes pursuant to this Indenture, and other incidental activities thereto.

  • To the extent lawful and enforceable, interest on any interest that is not paid when due on any Class A Notes, Class A-L Loans or Class B Notes, or if no Class A Notes, Class A-L Loans or Class B Notes are Outstanding, any Class C Notes or if no Class C Notes are Outstanding, any Class D Notes shall accrue at the Interest Rate for such Class until paid as provided herein.


More Definitions of Class B Notes

Class B Notes means the Class B 2.17% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.
Class B Notes means the Class B Asset Backed Notes, substantially in the form of Exhibit B.
Class B Notes means the $98,000,000 Class B 3.38% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.
Class B Notes. The 2.40% Asset Backed Notes, Class B in the initial aggregate principal balance of $11,760,000 issued pursuant to the Indenture.
Class B Notes means the 5.17% Class B Asset-backed Notes issued by the Issuer pursuant to the Indenture in the initial aggregate principal amount of $46,900,000.
Class B Notes means the [__]% Asset Backed Notes, Class B, substantially in the form of Exhibit A-6.
Class B Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-3.