Outstanding Class definition

Outstanding Class. [A-2] Principal Amount: the aggregate principal ---------------------------------------- amount of the Class [A-2] Notes Outstanding at any time.
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Outstanding Class. [A-3] Principal Amount: the aggregate principal amount of the Class [A-3] Notes Outstanding at any time.
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Outstanding Class. Any Class of Combinable Certificates which has a Related REMIC Class with a REMIC Class Certificate Balance greater than zero.
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Examples of Outstanding Class in a sentence

  • So long as any Notes are Outstanding, the Issuer shall not remove the Administrator unless the Rating Agency Condition shall have been satisfied (other than with respect to S&P, but with satisfaction of the Rating Agency Notification with respect to S&P if S&P is rating any Outstanding Class of Notes) in connection with such removal and the Indenture Trustee receives written notice of the foregoing and consents thereto.

  • Notwithstanding the foregoing, the Servicer may remit Collections to the Collection Account on any other alternate remittance schedule (but not later than the Business Day prior to the related Payment Date) if the Rating Agency Condition is satisfied (other than with respect to S&P, but with satisfaction of the Rating Agency Notification with respect to S&P if S&P is rating any Outstanding Class of Notes), with respect to such alternate remittance schedule.

  • This Agreement may not be assigned by the Administrator unless such assignment is previously consented to in writing by the Issuer and the Owner Trustee and subject to the satisfaction of the Rating Agency Condition (other than with respect to S&P, but with satisfaction of the Rating Agency Notification with respect to S&P if S&P is rating any Outstanding Class of Notes) in respect thereof.

  • Payments of principal and interest on the Class B Notes shall be made pro rata among all Outstanding Class B Notes, without preference or priority of any kind.

  • As of the date of any additional issuance of Notes of an Outstanding Class or Tranche of Notes, the Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount of that Class or Tranche will be increased to reflect the principal amount of the additional Notes.

  • Notwithstanding the foregoing, the Trustee shall subsequently provide to the Rating Agency then rating an Outstanding Class of Notes a copy of any supplemental indenture described in the immediately preceding sentence.

  • Payments of principal and interest on the Class C Notes shall be made pro rata among all Outstanding Class C Notes, without preference or priority of any kind.

  • The VFN Note Balance Adjustment Request shall also state the amount, if any, of any principal payment to be made on each Outstanding Class of VFNs on the upcoming Interim Payment Date or Payment Date.

  • Unless the Rating Agency Condition is satisfied (other than with respect to S&P, but with satisfaction of the Rating Agency Notification with respect to S&P if S&P is rating any Outstanding Class of Notes) with respect to different investments, funds on deposit in the Collection Account shall be invested in Eligible Investments that will mature so that such funds will be available on the Business Day preceding the next Payment Date.

  • Unless the Rating Agency Condition is satisfied (other than with respect to S&P, but with satisfaction of the Rating Agency Notification with respect to S&P if S&P is rating any Outstanding Class of Notes) with respect to different investments, funds on deposit in the Reserve Account shall be invested in Eligible Investments that will mature so that such funds will be available on the Business Day preceding the next Payment Date.


More Definitions of Outstanding Class

Outstanding Class. [ ] INTEREST AMOUNT" in relation to a Floating Rate Payer Payment Date means the aggregate amount of the Floating Amounts referred to in paragraph [5.1] with respect to the immediately preceding Floating Rate Payer Payment Date which were not paid by Party A on that Floating Rate Payer Payment Date as a result of the operation of paragraph [5.3]. [insert similar definition for any other notes denominated in a currency other than Australian dollars as applicable to each relevant currency swap]
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Outstanding Class. B Principal Amount, ninth, to the payment of the Outstanding Class C Principal Amount, tenth, to the payment of the Outstanding Class D Principal Amount and eleventh, to the payment of the Outstanding Class E Principal Amount; provided, that the Noteholders may allocate such payments for interest, principal and premium at their own discretion, except that no such allocation shall affect the allocation of such amounts or future payments received by any other Noteholder; fifth -- first to the payment of all accrued and unpaid interest on the Outstanding Class ▇-▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, second to the payment of all accrued and unpaid interest on the Outstanding Class R-2 Principal Amount, third to the payment of the Outstanding Class R-1 Principal Amount and fourth to the payment of the Outstanding Class R-2 Principal Amount; sixth -- to the payment of amounts then due the Trustee hereunder; seventh -- if the person then acting as Servicer is Copelco Capital or an Affiliate of Copelco Capital, to the payment of all Servicer's Fees then due to such Person; and eighth -- to the payment of the remainder, if any, to the Issuer or any other Person legally entitled thereto. On the Payment Date following an Event of Default, amounts in the Liquidity Reserve Account shall be used to make any amounts not paid under item fourth above and thereafter in the priority first through seventh above.
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Outstanding Class. J" and Class "SV" warrants) under, any of the terms, conditions or provisions of any material note, bond, mortgage, indenture, guarantee, other evidence of indebtedness, warrant, option, license, lease, contract, agreement or other instrument or obligation to which the Issuer or any of its Subsidiaries is a party or by which any of them or any of their assets may be bound or (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Issuer, any of its Subsidiaries or any of their properties or assets, except in the case of clauses (ii) and (iii) for violations, breaches or defaults which, in the aggregate, would not reasonably be likely to (x) have a Material Adverse Effect on the Issuer; or (y) impair the ability of the Issuer to perform its obligations hereunder.
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Related to Outstanding Class

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).

  • Controlling Class means (a) the Outstanding Class A Notes, (b) if no Class A Notes are Outstanding, the Outstanding Class B Notes and (c) if no Class B Notes are Outstanding, the Outstanding Class C Notes.

  • Corresponding Class The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X

  • Existing Class Loans shall have the meaning assigned to such term in Section 9.08(f).