Class M-2 Notes definition

Class M-2 Notes shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause of this Indenture.

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Class M-2 Notes. The Class M-2 Notes due November 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.

Class M-2 Notes means the Class M-2 Notes substantially in the form of Exhibit C-2.

Examples of Class M-2 Notes in a sentence

Pursuant to the procedures and fees set forth in the Exchange Administration Agreement, the Class M-2A and Class M-2B Notes may be exchanged, in whole or in part, for the Class M-2 Notes, and vice versa, pursuant to Combination 1 described in Appendix II, at any time on or after the Closing Date.
The Class A-1 Notes, the Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-5 Notes, Class M-1 Notes, Class M-2 Notes, Class B-1 Notes and Class B-2 Notes (collectively, the "Notes") are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture.
On the Closing Date, the Class M-2A and Class M-2B Notes will be deemed to have been exchanged in their entirety for the Class M-2 Notes.
With respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche, (ii) the Class M-2 Notes, the Class M-2 Reference Tranche, (iii) the Class M-3A Notes, the Class M-3A Reference Tranche, (iv) the Class M-3B Notes, the Class M-3B Reference Tranche and (v) the Class B Notes, the Class B Reference Tranche.
The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time on or after the Strip Initial Exchange Date.

More Definitions of Class M-2 Notes

Class M-2 Notes. The Class M-2 GMACM Home Equity Loan-Backed Term Notes, Series 2004-HE2, in substantially the form set forth in Exhibit A-3 to the Indenture.

Class M-2 Notes means the Class M-2 Home Equity Loan-Backed Notes, Series 2003-C, in substantially the form set forth in Exhibit A-2 to the Indenture.

Class M-2 Notes means the Class M-2 Notes issued by the Trust pursuant to the Indenture.

Class M-2 Notes and "Class B Notes" shall each have the meaning assigned thereto in the "WITNESSETH THAT" Clause on the first page of this Indenture.

Class M-2 Notes means any Notes alphanumerically designated as “Class M-2” pursuant to the Series Supplement applicable to such Class of Notes.

Class M-2 Notes a fixed rate equal to 7.41% per annum (or, for any Interest Period for the Class M-2 Notes commencing after the first Payment Date on which the aggregate Principal Balance of the Home Loans is less than 10% of the initial Pool Balance, a fixed rate equal to 7.91% per annum); and

Class M-2 Notes. The Class M-2 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-3 Notes: The Class M-3 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-4 Notes: The Class M-4 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-5 Notes: The Class M-5 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02. Class M-6 Notes: The Class M-6 Notes due October 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.

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