Class C-2 Notes definition
Class C-2 Notes has the meaning set forth in the first recital.
Class C-2 Notes means any one of the Class C-2 Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-3.
Class C-2 Notes means the Class C-2 Deferrable Fourth Priority Secured Fixed/Floating Rate Notes due November 5, 2035, issued by the Co-Issuers on the Closing Date, that bear interest at a fixed rate per annum equal to 5.814% for the period from the Closing Date to the last day of the Interest Period ending immediately prior to the Distribution Date in August 2010, and a floating rate per annum equal to LIBOR plus 1.70% at all times thereafter.
More Definitions of Class C-2 Notes
Class C-2 Notes has the meaning set forth in the preamble.
Class C-2 Notes. The Class C-2 Secured Deferrable Fixed Rate Notes issued pursuant to this Indenture and having the characteristics specified in Section 2.3.
Class C-2 Notes. The Class C-1 Notes and the Class C-2 Notes are referred to herein collectively as the “Class C Notes”. The Class A Notes, the Class B Notes and the Class C Notes, if issued, are referred to herein collectively as the Series 2011-1 Notes. The Series 2011-1 Notes shall be issued in minimum denominations of $100,000 and integral multiples of $1,000 in excess thereof. The net proceeds from the sale of the Class A Notes and the Class B Notes shall be deposited in the Series 2011-1 Excess Collection Account on the Series 2011-1 Closing Date and applied in accordance with this Series Supplement.
Class C-2 Notes. The Class C-2 Secured Deferrable Floating Rate Notes issued pursuant to the First Supplemental Indenture and having the characteristics specified in Section 2.3, as amended by the First Supplemental Indenture.
Class C-2 Notes means any one of the Notes executed by the Issuer and authenticated by or on behalf of the Indenture Trustee, as part of Series 2003-A that are designated as Class C-2 Notes in the Issuance Supplement.
Class C-2 Notes means the $66,00,000 Auction Rate Class C-2 Student Loan-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A-7 thereto.
Class C-2 Notes. The Class C-2 Mezzanine Secured Deferrable Fixed Rate Notes issued on the First Refinancing Date pursuant to this Indenture and having the characteristics specified in Section 2.3.