Series 1 Class M Notes definition

Series 1 Class M Notes means the $72,000,000 Series 1 Class M floating rate notes due March 2044;

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Series 1 Class M Notes means the $31,400,000 Series 1 Class M floating rate notes due September 2044;

Series 1 Class M Notes means the $33,200,000 Series 1 Class M floating rate notes due June 2044;

Examples of Series 1 Class M Notes in a sentence

Repayment of principal in respect of the Controlled Amortisation Amount on the Series 1 Class M Notes, the Series 2 Class M Notes and the Series 3 Class M Notes will be made in no order of priority among them but in proportion to the respective Controlled Amortisation Amounts due on the Class M Notes.
None of NRPLC, the Current Issuer, Funding or the Mortgages Trustee will take, or cause to be taken, any action and none of them will permit any action to be taken which it knows or has reason to believe would result in the Notes not being assigned an AAA rating for the Series 1 Class A1 Notes, an AAA rating for the Series 1 Class A2 Notes, an AA rating for the Series 1 Class B Notes, an A rating for the Series 1 Class M Notes and a BBB rating for the Series 1 Class C Notes by Fitch Ratings Ltd.
APPENDIX A (Series 1 Class M Notes) From: Swiss Re Financial Products Corporation 55 East 52nd Street New York New Yor▇ ▇▇▇▇▇ ▇.▇.▇.
Party B exercises its option to redeem the Series 1 Class M Notes in whole in accordance with the provisions of Condition [5(E)] of the Offered Issuer Notes." In connection with this Additional Termination Event, Party B shall be the sole Affected Party and all Transactions shall be Affected Transactions.

Series 1 Class M Notes means the notes comprising the $72,000,000 Floating Rate Notes due March 2044 constituted by the Current Issuer Trust Deed in or substantially in the forms set out in Schedules 1 and 2 thereto and for the time being outstanding or, as the case may be, a specific number thereof and includes any replacement Series 1 Class M Notes issued pursuant to Condition 13 and (except for the purposes of Clause 3.1 (Global Note Certificates) and Clause 3.2 (Forms of Global

Series 1 Class M Notes. ’ means the $72,000,000 Series 1 Class M floating rate notes due March 2044;

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-6 Certificates All Certificates bearing the class designation of "Class M-6".
Class M-1 Certificates All Certificates bearing the class designation of "Class M-1".
Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.
Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.