Class A-9 Notes definition

Class A-9 Notes means Notes of the Issuer designated as "PNC Student Loan Trust I, Series 1997-2, Senior LIBOR Rate Class A-9 Asset Backed Notes."
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Class A-9 Notes has the meaning set forth in Section 2.1 herein.
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Class A-9 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-9.”
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Examples of Class A-9 Notes in a sentence

  • The Class A-9 Notes are and will be equally and ratably secured by the Collateral pledged as security therefor as provided in the Indenture.

  • The Floating Notes are prior in order of principal payment to the Class A-9 Notes, interest on the Class A-9 Notes are paid pari passu and principal on the Class A-9 Notes are paid pari passu, in lots of $50,000, with the Class A Auction Rate Notes, and the Class A-9 Notes are senior to the Class B Notes, as and to the extent 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.

  • Notwithstanding the foregoing, principal payments will be made to each Class of Notes (other than the Class A-7 and Class A-9 Notes) and the Certificates only in amounts equal to $50,000 and integral multiples in excess thereof.

  • 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.

  • Each Series 1996-2 Note shall bear interest at an interest rate determined in accordance with the provisions and subject to the limitations set forth herein, and interest on the Class A-9 Notes shall be paid for the related Class Initial Period and each Class Interest Period for such Class thereafter on each Note Distribution Date for such Class and on each date of payment of principal thereof to the extent of interest accrued on the principal then being paid.

  • 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").

  • Principal will be paid to the Class A-9 Notes on each Note Distribution Date for such Class in an amount equal to the Noteholder's Principal Distribution Amount on such Note Distribution Date; provided, however, that if any Class of a Series of Notes issued previously or hereafter has an earlier Final Maturity Date than the Class A-9 Notes, principal will be paid to each such Class of previously or subsequently issued Notes with an earlier Final Maturity Date prior to the Class A-9.


More Definitions of Class A-9 Notes

Class A-9 Notes means $61,000,000.00 aggregate principal amount of Class A-9 [___]% Asset Backed Notes, substantially in the form of Exhibit B to the Indenture.
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Related to Class A-9 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.

  • 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.

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

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