Class A-8 Notes definition

Class A-8 Notes means Notes of the Issuer designated as "PNC Student Loan Trust I, Series 1997-2, Senior LIBOR Rate Class A-8 Asset Backed Notes."
Class A-8 Notes means the Class A-8 8.00% Asset Backed Notes, substantially in the form of Exhibit A-8.]
Class A-8 Notes has the meaning set forth in Section 2.1 herein.

Examples of Class A-8 Notes in a sentence

  • The aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes, Class A-6 Notes, Class A-7 Notes and Class A-8 Notes outstanding at any time may not exceed such respective amounts.

  • The Class A-8 Notes are and will be equally and ratably secured by the Collateral pledged as security therefor as provided in the Indenture.

  • The Aggregate principal amount of Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes, Class A-6 Notes, Class A-7 Notes, Class A-8 Notes, Class A-9 Notes, Class A-10 Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.05.

  • On the Closing Date the Issuer issued the Class A1 Notes, the Class A2 Notes, the Class A3 Notes, the Class A4 Notes, the Class A5 Notes and the Class Z1 Notes and on the Second Issue Closing Date the Issuer issued the Class A6 Notes, the Class A7 Notes, the Class A8 Notes, the Class A9 Notes, the Class A10 Notes and the Class Z2 Notes constituted by the Note Trust Deed.

  • The Floating Rate Notes are prior in order of principal payment to the Class A-8 Notes, interest on the Class A-8 Notes are paid pari passu and principal on the Class A-8 Notes are paid pari passu, in lots of $50,000, with the Class A Auction Rate Notes, and the Class A-8 Notes are senior to the Class B Notes, as and to the extent provided in the Indenture.

  • The appointment in respect of the Cash Management Services provided in connection with the issue of the Class A6 Notes, the Class A7 Notes, the Class A8 Notes, the Class A9 Notes, the Class A10 Notes and the Class Z2 Notes pursuant to Clause 2.1 took effect upon and from the Second Issue Closing Date automatically without any further action on the part of any person.

  • The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes, the Class A-6 Notes, the Class A-7 Notes, the Class A-8 Notes, the Class A-9 Notes and the Class A-10 Notes (together, the "Notes"), are and will be equally and ratably secured, subject to the Indenture, by the collateral pledged as security therefor as provided in the Indenture.

  • Notwithstanding the foregoing, on any Payment Date on which a Trigger Event has occurred and is continuing, any Excess Spread applied pursuant to clause (i)(A) above will be retained in the Note Payment Account for payment to the holders of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7 and Class A-8 Notes, in that order, without regard to the Senior Optimal Principal Balance, until the respective Class Principal Balances thereof have been reduced to zero.

  • The Issuer proposes to cause the Trustee to authenticate and deliver up to $410,000,000 aggregate principal amount of its Asset-Backed Notes, Series 1998-1, Class A-7 (the "Class A-7 Notes"), Class A-8 (the "Class A-8 Notes"), Class A-9 (the "Class A-9 Notes") and Class A-10 (the "Class A-10 Notes" and , together with the Class A-7 Notes, the Class A-8 Notes and the Class A-9 Notes, the "Series 1998-1 Notes" or the "Auction Rate Notes").

  • The Class A-1 Notes, the Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, the Class A-5 Notes, the Class A-6 Notes, the Class A-7 Notes and the Class A-8 Notes (collectively, the "Notes") are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture.


More Definitions of Class A-8 Notes

Class A-8 Notes means the $100,000,000 Auction Rate Class A-8 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-8 thereto. "CLASS A-9 NOTES" means the $35,200,000 Auction Rate Class A-9 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-9 thereto.
Class A-8 Notes a fixed rate equal to 7.80% per annum (or, for any Interest Accrual Period for the Class A-8 Notes commencing after the first Payment Date on which the aggregate Principal Balance of the Mortgage Loans is less than 10% of the initial Pool Balance, a fixed rate equal to 8.30% per annum);
Class A-8 Notes means the Notes created and to be issued under this First Supplement in the original Principal Amount of $75,000,000 and designated as the “Student Loan Asset-Backed Notes, Series 2007-1, Class A-8.”
Class A-8 Notes means $85,000,000.00 aggregate principal amount of Class A-8 [___]% Asset Backed Notes, substantially in the form of Exhibit B to the Indenture.
Class A-8 Notes means the (euro)408,000,000 Reset Rate Class A-8 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibits ▇-▇▇, ▇-▇▇ and A-27 thereto.

Related to Class A-8 Notes

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

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

  • B Notes means each of Note B-1, Note B-2, Note B-3 and Note B-4.

  • 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.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.