Class B Noteholders definition
Class B Noteholders. Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.
Class B Noteholders. Interest Distribution Amount” means, for any distribution date, the sum of:
Examples of Class B Noteholders in a sentence
All principal payments on the Class B Notes shall be made pro rata to the Class B Noteholders entitled thereto.
Notwithstanding anything to the contrary herein, Class B Additional Interest shall be payable or distributed to the Class B Noteholders only to the extent permitted by applicable law.
The total amount of the distribution to Class B Noteholders per $1000 Note Initial Principal Balance.
No such event shall alter the voting rights of the Class A Noteholders or the Class B Noteholders under this Indenture or any other Basic Document.
Upon repayment of the Class A Notes in full, but so long as any amounts remain unpaid with respect to the Class B Notes, only the Indenture Trustee for the Class B Noteholders will have the right to exercise remedies under this Indenture (but subject to the express provisions of Section 5.4).
More Definitions of Class B Noteholders
Class B Noteholders. Monthly Accrued Interest" shall mean, with respect to any Distribution Date, the aggregate interest accrued for the related Interest Period on the Class B Notes at the Class B Rate on the outstanding principal amount of the Class B Notes on the immediately preceding Distribution Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Noteholders of the Class B Notes on or prior to such preceding Distribution Date.
Class B Noteholders means the Holders of the Class B Notes.
Class B Noteholders means the Holders of the Class B Notes;
Class B Noteholders. Interest Carryover Shortfall" shall mean, with respect to any Payment Date, the excess of the Class B Noteholders' Monthly Accrued Interest for the preceding Payment Date and any outstanding Class B Noteholders' Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Noteholders of Class B Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Noteholders of Class B Notes on the preceding Payment Date, to the extent permitted by law, at the Class B Rate for the related Interest Period.
Class B Noteholders. Interest Carryover Shortfall" shall mean, with respect to any Distribution Date, the excess of the Class B Noteholders' Monthly Accrued Interest for the preceding Distribution Date and any outstanding Class B Noteholders' Interest Carryover Shortfall on such preceding Distribution Date, over the amount in respect of interest that is actually paid to Noteholders of Class B Notes on such preceding Distribution Date, plus interest on the amount of interest due but not paid to Noteholders of Class B Notes on the preceding Distribution Date, to the extent permitted by law, at the Class B Rate for the related Interest Period.
Class B Noteholders means the persons who are for the time being the holders of one or more of the Class B Notes (being, so long as such Notes or any part thereof are represented by the Class B Global Note Certificate, the person in whose name the Class B Note is registered in the Register and so long as such Notes or any part thereof are represented by Individual Class B Notes Certificates, each person who is for the time being shown in the Register as the holder of a particular principal amount thereof) SAVE THAT so long as such Notes or any part thereof are represented by the Class B Global Note Certificate, each person who is for the time being shown in the records of DTC (other than Euroclear or Clearstream, Luxembourg, if Euroclear or Clearstream, Luxembourg are participants in DTC), Euroclear (other than DTC or Clearstream, Luxembourg, if DTC or Clearstream, Luxembourg are accountholders of Euroclear) or Clearstream, Luxembourg (other than DTC or Euroclear, if DTC or Euroclear are accountholders of Clearstream, Luxembourg) as the holder of a particular principal amount of Class B Notes shall be deemed to be and shall be treated as the holder thereof PROVIDED THAT such deeming and treatment shall not affect the right to payments in respect of the Class B Global Note Certificate which shall be vested solely in the registered holder of the Class B Global Note Certificate in accordance with and subject to its terms and the terms of this Trust Deed;
Class B Noteholders means, collectively, the Class B-1 Noteholders and the Class B-2 Noteholders.