Examples of First Mortgage Bonds in a sentence
The Company proposes to sell to the several underwriters named in Schedule II hereto (the “Underwriters”), for whom you are acting as Representatives (the “Representatives”), two series of the Company’s First Mortgage Bonds in the aggregate principal amounts and with the terms specified in Part A of Schedule I hereto (the “Purchased Bonds”).
Commonwealth Edison Company, an Illinois corporation (the “Company”), proposes to issue and sell from time to time First Mortgage Bonds (the “Mortgage Bonds”).
The issuance to the Administrative Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Amend, supplement, modify or waive the FMB Indenture in any manner that is materially adverse to the Lenders hereunder; provided that the foregoing shall not prohibit the Borrower from supplementing the FMB Indenture in order to provide for the issuance of additional First Mortgage Bonds in accordance with the FMB Indenture or to add property to the Lien of the FMB Indenture.