Class R Note definition

Class R Note means any one of the Series 2023-6 8.969% Rental Car Asset Backed Notes, Class R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit E-1, Exhibit E-2 or Exhibit E-3. Definitive Class R Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.
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Class R Note means any one of the Series 2023-2 10.476% Rental Car Asset Backed Notes, Class R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit D-1, Exhibit D-2 or Exhibit D-3. Definitive Class R Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.
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Class R Note means any one of the Series 2010-6 Variable Funding Rental Car Asset Backed Notes, Class R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit A-3.
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Examples of Class R Note in a sentence

  • Interests in a Class R Note will be exchangeable for a definitive Class R Note in accordance with the provisions of such Class R Note and the Base Indenture (as modified by this Supplement).

  • Notwithstanding anything to the contrary contained in this Supplement, at no time shall a Committed Note Purchaser be required to make the initial purchase of a Class R Note or increase its Class R Invested Amount if the Class R Invested Amount with respect to such Committed Note Purchaser, after giving effect to such purchase or increase would exceed the Class R Maximum Invested Amount with respect to such Committed Note Purchaser at such time.

  • Interest shall accrue on the Class R Shortfall at the Class R Note Rate.

  • None of the Issuer, the Servicer or the Trustee is obligated to register or qualify the Class E Notes or the Class R Notes under the Securities Act or any other securities law or to take any action not otherwise required under this Indenture to permit the transfer of any Class E Note or Class R Note without registration.

  • ABRCF shall have issued and directed the Trustee to authenticate, and the Trustee shall have authenticated, a Class R Note in the name of each Committed Note Purchaser in an amount equal to the Class R Maximum Invested Amount with respect to such Committed Note Purchaser, and shall have delivered such Class R Note to such Committed Note Purchaser.

  • Each Note other than (i) Zero Coupon Notes and (ii) any Class R Note for so long as it is held by the Issuer bears interest on its Principal Amount Outstanding (as defined below) from the Interest Commencement Date (as defined below) at the Interest Rate (as defined below), such interest being payable in arrear on each Note Payment Date (as defined below).

  • Shareholder Subordination Agreement — the Subordination Agreements of even date herewith, between Red Man Pipe Canada and Midfield Holdings, respectively, and Agent, relating to the Shareholders’ Notes and the Class R Note.

  • None of the Trust, the Servicer or the Trustee is obligated to register or qualify the Class E Notes or the Class R Notes under the Securities Act or any other securities law or to take any action not otherwise required under this Indenture to permit the transfer of any Class E Note or Class R Note without registration.

  • No Class E Note or Class R Note may be sold or transferred (including, without limitation, by pledge or hypothecation) if the sale or transfer thereof increases the number of the sum of (a) the number of holders of the Class E Notes, (b) the number of holders of the Class R Notes, and (c) the number of holders of membership interests in the Issuer, to more than 99.

  • None of the Issuer, the Servicer or the Trustee is obligated to register or qualify the Class A-2b Notes, Class E Notes or the Class R Notes under the Securities Act or any other securities law or to take any action not otherwise required under this Indenture to permit the transfer of any Class A-2b Notes, Class E Note or Class R Note without registration.


More Definitions of Class R Note

Class R Note means any one of the Series 2019-2 5.926% Rental Car Asset Backed Notes, Class R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit D‑1, Exhibit D‑2 or Exhibit D‑3. Definitive Class R Notes shall have such
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Class R Note means any one of the Series 2021-2 7.032% Rental Car Asset Backed Notes, Class R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of E xhibit E-1, E xhibit E-2 or E xhibit E-3. Definitive Class R Notes shall have such insertions and deletions as are necessary to give effect to the provisions of Section 2.18 of the Base Indenture.
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Class R Note unsecured subordinated demand promissory note, classified as the Class R Note, dated as of June 15, 2005, issued to ▇▇▇▇▇▇▇▇ Canada by the Borrower in the amount of $37,232,833, bearing interest at the rate of 12% per annum.
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Class R Note means the unsecured subordinated demand promissory note, classified as the Class R Note, dated as of June 15, 2005, issued to Red Man by Borrower in the amount of $37,283,833, bearing interest at the rate of 12% per annum (which interest is payable annually in the month of April).
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Class R Note. The Class R Note executed by the Owner Trustee on behalf of the Issuer, and authenticated and delivered by the Note Registrar, substantially in the form annexed hereto as Exhibit A-8, evidencing the ownership of the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest.
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Class R Note. The Class R Note executed by the Owner Trustee on behalf of the Issuer, and authenticated and delivered by the Note Registrar, substantially in the form annexed hereto as Exhibit A-8, evidencing the ownership of the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest.
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Related to Class R Note