Class A-1 Notes definition

Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

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Class A-1 Notes has the meaning assigned to such term in the Indenture.

Class A-1 Notes means the Class A-1 Asset Backed Notes, substantially in the form of Exhibit A-1.

Examples of Class A-1 Notes in a sentence

An additional amount of interest shall accrue on the Class A-1 Notes Commitment Fees Shortfall Amount for each subsequent Interest Accrual Period at the applicable Note Rate until the Class A-1 Notes Commitment Fees Shortfall Amount is paid in full.
On each Quarterly Calculation Date, the Co-Issuers (or the Managers on their behalf) shall determine the excess, if any (the “Class A-1 Notes Commitment Fees Shortfall Amount”), of (i) the accrued and unpaid Class A-1 Notes Commitment Fees Amount for the Interest Accrual Period ending most recently prior to the next succeeding Quarterly Payment Date over (ii) the amount that will be available to make payments on the Class A-1 Notes in accordance with Section 5.12(d) on such Quarterly Payment Date.
The Class D Notes are subordinated to the Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes to the extent set forth in the Indenture and the Sale and Servicing Agreement.
The Co-Issuers may draw on Class A-1 Note Commitments with respect to any Series of Class A-1 Notes for general corporate purposes of the Securitization Entities and the Non-Securitization Entities, including to fund any acquisition by any Securitization Entity or Non-Securitization Entity; provided that the Co-Issuers shall not draw on such Class A-1 Note Commitments to pay dividends on Parent shares or to repurchase Parent shares.
The Class A-2a Notes are subordinated to the Class A-1 Notes to the extent set forth in the Indenture and the Sale and Servicing Agreement.

More Definitions of Class A-1 Notes

Class A-1 Notes means the Class A-1 Notes (as defined in the Indenture).

Class A-1 Notes means the Class A-1 0.78000% Asset Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

Class A-1 Notes means the Class [A-1] [____]% Asset Backed Notes, substantially in the form of Exhibit A-1.

Class A-1 Notes means the Class A-1 5.534% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

Class A-1 Notes means the Class A-1 % Asset Backed Notes, substantially in the form of Exhibit A-1.

Class A-1 Notes means the $204,970,000 Class A-1 0.17440% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

Class A-1 Notes means the $245,000,000 aggregate principal amount of 1.20875% Receivable-Backed Notes, Class A-1, issued pursuant to the Indenture.

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