Class of Notes definition
Examples of Class of Notes in a sentence
The amounts standing to the credit of any sub-ledger of the Issuer Principal ▇▇▇▇▇▇ (in respect of a Series and Class of Notes) may only be applied by the Issuer Cash Manager to pay the principal amounts due (if any) in respect of such Series and Class of Notes under the Issuer Pre-Acceleration Principal Priority of Payments.
As soon as practicable following the notification to the Note Trustee and the Noteholders of an early redemption of a Series and Class of Notes in accordance with Condition 5 of such, the Issuer Cash Manager shall notify, as soon as is reasonably practicable, the relevant Issuer Swap Providers (being the Issuer Swap Providers who have entered into swap transactions with the Issuer relating to such Notes) of such redemption.
The Issuer Cash Manager shall ensure that, prior to the service of a Note Acceleration Notice on the Issuer on each Interest Payment Date, the amounts standing to the credit of any sub-ledger of the Issuer Principal ▇▇▇▇▇▇ (in respect of a Series and Class of Notes) may only be applied by the Issuer Cash Manager to pay the principal amounts due (if any) in respect of such Series and Class of Notes under the Issuer Pre-Acceleration Principal Priority of Payments.