Class M-3 Notes definition

Class M-3 Notes. The Class M-3 Notes due March 25, 2035 issued under this Indenture in the original aggregate principal amount set forth in Section 2.02.
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Class M-3 Notes means the Class M-3 Home Equity Loan-Backed Notes, Series 2005-A, in substantially the form set forth in Exhibit A-2c to the Indenture.
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Class M-3 Notes. The First NLC Trust 2005-1, Callable Mortgage-Backed Notes, Series 2005-1 Class M-3 Notes issued under the Indenture.
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Examples of Class M-3 Notes in a sentence

  • In the event that there is a write down (as described in Section 7(b) of this Agreement) with respect to the Class M-1, Class M-2 or Class M-3 Notes, such Class of Notes will be treated as reissued with OID at that time (i.e., all remaining stated interest on such Class of Notes will no longer be qualified stated interest), and the Global Agent shall prepare Form 8281 with respect to such Class M Notes at such time.

  • Pursuant to the procedures and fees set forth in the Exchange Administration Agreement, the Class M-3A and Class M-3B Notes may be exchanged, in whole or in part, for the Class M-3 Notes, and vice versa, pursuant to Combination 2 described in Appendix II, at any time on or after the Closing Date.

  • On the Closing Date, the Class M-3A and Class M-3B Notes will be deemed to have been exchanged in their entirety for the Class M-3 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-3 Notes, the Class M-3 Reference Tranche, and (iv) the Class B Notes, the Class B Reference Tranche.

  • All payments made by the Issuer with respect to this Note shall be equal to this Note's PRO RATA share of the aggregate payments on all Class M-3 Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.

  • 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-3 Notes, the Class M-3 Reference ▇▇▇▇▇▇▇, and (iv) the Class B Notes, the Class B Reference Tranche.

  • In the event that there is a write down (as described in Section 7(b) of this Agreement) with respect to the Class M-1, Class M-2 or Class M-3 Notes, such Class of Notes will be treated as reissued with OID at that time (i.e., all remaining stated interest on such Class of Notes will no longer be qualified stated interest), and the Global Agent shall prepare Form 8281 with respect to such Class of Original Notes at such time.

  • All payments made by the Issuer with respect to this Note shall be equal to this Note’s pro rata share of the aggregate payments on all Class M-3 Notes as described above, and shall be applied as between interest and principal as provided in the Indenture.

  • On the Closing Date, the Class M-3A and Class M-3B Notes will be deemed to have been exchanged in their entirety for the Class M-3 Notes (without payment of any exchange fee referenced in Section 4(b) below).

  • The Class M-2 Notes and Class M-3 Notes shall be issuable in the minimum initial Note Balances of $250,000 and in integral multiples of $1 in excess thereof.


More Definitions of Class M-3 Notes

Class M-3 Notes. The Class MF-3 Notes or the Class MV-3 Notes, as applicable.
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Related to Class M-3 Notes

  • Class M Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.

  • Class M-3 Certificate Any one of the Class M-3 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-3 Certificates All Certificates bearing the class designation of "Class M-3".

  • Class M-6 Certificate Any one of the Class M-6 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class M-6 Certificates All Certificates bearing the class designation of "Class M-6".