Variable Rate Notes definition
Examples of Variable Rate Notes in a sentence
The Borrower also agrees to reimburse the Agent, the Lenders and the Issuers for any reasonable costs, internal charges and out-of-pocket expenses (including attorneys’ fees and time charges of attorneys for the Agent, the Lenders and the Issuers which attorneys may be employees of the Agent, the Lenders and the Issuers) paid or incurred by the Agent, the Arranger, any Lender or Issuer in connection with the collection of the Obligations and enforcement of the Loan Documents.
Title and Description of Designated Notes: GreenPoint Home Equity Loan Trust 2004-3, Home Equity Loan Asset-Backed Securities, Series 2004-3, • $226,987,000 Class A Variable Rate Notes.
The Stated Maturities and Sinking Fund Payment Dates of all Notes shall occur on a June 1 or an December 1 (unless otherwise specified with respect to any Variable Rate Notes, including those Initial Notes constituting Variable Rate Notes, in the Supplemental Indenture providing for the issuance thereof).
On June 29, 2012, the Company and Enhanced Jobs for Texas Fund, LLC ("Enhanced Jobs for Texas") and Enhanced Capital Texas Fund, LP ("Enhanced Texas Fund"), entered into a Note Purchase Agreement for $4.4 Million Subordinated Secured Variable Rate Notes due June 29, 2014 ("Note Purchase Agreement"), of which $2.2 Million was with Enhanced Jobs for Texas and $2.2 Million was with Enhanced Texas Fund (collectively, the "Enhanced Notes").
The shares of Common Stock comprising a portion of the exchange consideration for the Series A Variable Rate Notes shall be treated as repurchased by the Company and held in treasury.
The VRN Schedule may be changed in respect of any Series of Variable Rate Notes by agreement in writing between the Issuer and the Relevant Dealer.
Floating Rate (Variable Rate) Notes: For purposes of these policies, the maturity of floating rate notes is deemed to be the next interest reset date, provided that the interest rate reset feature is contained in the terms of the instrument itself; also, the interest reset rate feature is reasonably expected to return the price of the security to par or amortized cost on each reset date.
If so provided hereon, the relevant Issuer shall have the option to purchase all or any of the Fixed Rate Notes, Floating Rate Notes, Variable Rate Notes or Hybrid Notes at their Redemption Amount on any date on which interest is due to be paid on such Notes and the Noteholders shall be bound to sell such Notes to the relevant Issuer accordingly.
GreenPoint Home Equity Loan Trust 200_-_, Home Equity Loan Asset-Backed Securities, Series 200_-_, o $__________ Class A-1 Variable Rate Notes.
Series 2009-1 Class B Variable Rate Notes, we hereby certify to you that the amount of [Initial][Additional] Premium referred to in Section 8.1(c) in the Reinsurance Agreement is $ .