Class XS Notes definition
Class XS Notes. The Class XS Notes issued pursuant to the Indenture and described in Part IV to this Appendix A.
Class XS Notes. The Class XS Notes issued under the Indenture, which as of any Distribution Date will have a notional balance equal to the Pool Balance as of the first day of the related Collection Period or, in the case of the initial Distribution Date, a notional balance equal to the Initial Pool Balance (in each case, rounded down to the nearest whole dollar).
Examples of Class XS Notes in a sentence
Any references with respect to principal or interest payments shall not apply to the Class XS Notes.