Class M Note definition

Class M Note. Any Note designated as a Class M Note on the face thereof, substantially in the form of Exhibit B hereto.

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Class M Note. A Note denominated as a Class M-1 or Class M-2 Note.

Class M Note is any note designated as a Class M-1, Class M-2, Class M-3, Class ▇-▇, ▇▇▇▇▇ ▇-▇, or Class M-6 Note executed by the Owner Trustee and authenticated by the Indenture Trustee substantially in the form of Exhibit A.

Examples of Class M Note in a sentence

The Issuer, the Transferor, the Indenture Trustee and any agent of the Issuer, the Transferor or the Indenture Trustee shall treat the person in whose name this Class M Note is registered as the owner hereof for all purposes, and neither the Issuer, the Transferor, the Indenture Trustee nor any agent of the Issuer, the Transferor or the Indenture Trustee shall be affected by notice to the contrary.
In the case of an exchange of a Class M Note and a MAC Note, the Exchange Administrator shall direct the Global Agent to facilitate such exchange with DTC.
Additionally, the Global Agent shall prepare Form 8281 to be filed with the IRS for each Original Class M Note issued with OID.
The Issuer will pay interest on the unpaid principal amount of this Note at the Class M Note Interest Rate on each Distribution Date until the principal amount of this Note is paid in full.
Additionally, the Global Agent shall prepare Form 8281 to be filed with the IRS for each Class M Note issued with OID.
Each Noteholder agrees that it will cause any Note Owner acquiring an interest in a Class A or Class M Note through it to comply with this Agreement as to treatment of the Notes as indebtedness for federal, state and local income and franchise tax purposes and for purposes of any other tax imposed on or measured by income.
None of the Issuer, the Note Registrar or the Indenture Trustee is obligated to register the Class M Notes, Class B Notes, Class C Notes or Class D Notes under the Securities Act or any other securities or "blue sky" laws or to take any other action not otherwise required under this Indenture Supplement or the Trust Agreement to permit the transfer of any Class M Note, Class B Note, Class C Note or Class D Note without registration.
None of the Issuer, the Note Registrar or the Indenture Trustee is obligated to register the Class M Notes or Class B Notes under the Securities Act or any other securities or "blue sky" laws or to take any other action not otherwise required under this Indenture Supplement or the Trust Agreement to permit the transfer of any Class M Note or Class B Note without registration.
None of the Issuer, the Note Registrar or the Indenture Trustee is obligated to register the Class M Notes, Class B Notes or Class C Notes under the Securities Act or any other securities or “blue sky” laws or to take any other action not otherwise required under this Indenture Supplement or the Trust Agreement to permit the transfer of any Class M Note, Class B Note or Class C Note without registration.
Any Beneficial Owner of a Class M Note or a MAC Note shall rely on the procedures of the applicable clearing system and, if such Beneficial Owner is not a participant therein, on the procedures of the participant through which such Beneficial Owner holds its interest, to exercise any rights of a Holder of such Notes.

More Definitions of Class M Note

Class M Note means any Closed-End Home Equity Loan Asset Backed Notes, Series 2003-2, Class M, issued and executed by the Issuer and authenticated by the Indenture Trustee substantially in the form of Exhibit A hereto.

Class M Note on the face thereof, substantially in the form of Exhibit A to the Indenture.

Class M Note means any Closed-End Home Equity Loan Asset Backed Notes, Series 2005-1, Class M, issued and executed by the Issuer and authenticated by the Administrator substantially in the form of Exhibit A hereto.

Class M Note means a Floating Rate Class M Note issued pursuant to the Indenture, substantially in the form of Exhibit A-3 thereto.

Class M Note. Any floating rate Note designated as a Class M Note on the face thereof, substantially in the form of Exhibit C to the Indenture.

Class M Note means any Closed-End Mortgage Loan Asset Backed Notes, Series 2004-HC1, Class M, issued and executed by the Issuer and authenticated by the Administrator substantially in the form of Exhibit B hereto.

Related to Class M Note

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-7 Certificate Any one of the Class M-7 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 Certificate Any one of the Certificates designated as a Class M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.
Class M-1 Certificate Any one of the Class M-1 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-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.

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