Subordinated Class definition
Subordinated Class means, with respect to the Class A Notes, the Class B Notes.
Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement.
Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes and/or Class C Notes and (b) with respect to the Class B Notes, the Class C Notes.
Examples of Subordinated Class in a sentence
The Calculation Agent shall make the following determinations and adjustments; provided, however, that (i) no Available Subordinated Amount or Usage of Available Subordinated Amounts for any Tranche of Notes shall be reduced below zero or increased above the applicable Required Subordinated Amount of a Subordinated Class of Notes for such Tranche.
More Definitions of Subordinated Class
Subordinated Class with respect to a class of Notes of any series, has the meaning specified in the related Indenture Supplement.
Subordinated Class means (a) with respect to Class A Notes of a series, Class B Notes or Class C Notes of that series, and (b) with respect to Class B Notes of a series, Class C Notes of that series.
Subordinated Class means (a) with respect to the Class A Notes, the ------------------ Class B Notes or Class C Notes, (b) with respect to the Class B Notes, the Class C Notes.
Subordinated Class has, with respect to a Class of Notes of any Series, the meaning specified in the related Indenture Supplement, if applicable for such Class of Notes.
Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes or Class C Notes, (b) with respect to the Class B Notes, the Class C Notes. "Targeted Interest Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Interest Funding Account pursuant to Section 3.02 for such Transfer Date. "Targeted Principal Deposit Amount" means, with respect to the MBNAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Principal Funding Account pursuant to Section 3.10 for such Transfer Date. "Weighted Average Available Funds Allocation Amount" means, with respect to any Monthly Period for any tranche or class of Notes, the sum of the Available Funds Allocation Amount for such tranche or class, as applicable, as of the close of business on each day during such Monthly Period divided by the actual number of days in such period.
Subordinated Class means any Class of Notes that is identified as being a "Subordinated Class" in the applicable Supplement. With respect to any Subsequent Issuance of a Subordinated Class, the Supplement pursuant to which such new Notes are to be issued shall specify the priority in payment of such new Subordinated Class relative to each other Subordinated Class outstanding as of such Subsequent Issuance Date.
Subordinated Class means a Senior Subordinated Class or a Junior Subordinated Class.