Additional First Lien Bonds definition

Additional First Lien Bonds means any additional First Lien bonds issued in the future.
Additional First Lien Bonds means any additional bonds of equal standing with the Series 2011 Bonds.
Additional First Lien Bonds means obligations that have a lien on the Tax Increment Revenues that is superior to the lien that secures the Second Lien Bonds. The First Lien Bond Declaration uses the termParity Indebtedness” to refer to Additional First Lien Bonds.

Examples of Additional First Lien Bonds in a sentence

  • The third block comprises development of new skills, innovation in terms of products, production processes and financing instruments and improvements in terms of quality of management and corporate governance.

  • In addition, at any time that the United States is the holder of all of the Bonds outstanding, Additional First Lien Bonds and Junior Lien Bonds may be issued if the United States consents or agrees to the issuance.Any additional Bonds shall be subject to the various funds herein established, and all revenue from any such extension or replacement constructed by the proceeds of any additional Bonds shall be paid into the Receiving Fund.

  • In addition, Additional First Lien Bonds of equal standing and priority with any outstanding First Lien Bonds may be issued to refund all or a portion of outstanding First Lien Bonds if the refunding would provide a net present value debt service savings to the City.

  • In addition, Additional First Lien Bonds of equal standing and priority with any outstanding First Lien Bonds may be issued to refund all or a portion of outstanding Bonds if the refunding would provide a net present value debt service savings to the City.

  • If the Additional First Lien Bonds are to be issued in whole or in part for refunding outstanding Bonds, the annual principal and interest requirements shall be determined by deducting from the principal and interest requirements for each operating year the annual principal and interest requirements of any Bonds to be refunded from the proceeds of the Additional First Lien Bonds.Additional Junior Lien Bonds may be issued in the discretion of the City.

  • In addition, at any time that the United States is the holder of all of the Bonds outstanding, Additional First Lien Bonds and Additional Junior Lien Bonds may be issued if the United States consents or agrees to the issuance.

  • Subscription comprises all types of accounts under the same identification number, including the billing account which will record the amounts due under this Agreement (Cf. article 8).Depending on their type, registered accounts benefit automatically and progressively when implemented, from all«ELB-eb» functionalities (Cf. article 4).The «Subscriber’s» type of account – individual, joint or corporate - determines that of the subscription.

  • The Bonds of this series shall have equal sanding with any Additional Junior Lien Bonds that may be issued pursuant to the Resolution, and Additional First Lien Bonds of superior standing to the bonds of this series may be issued pursuant to the Resolution.

  • From time to time as Additional First Lien Bonds and Additional Junior Lien Bonds are issues a Construction Fund shall be established for those issues.

  • With respect to the City Officer’s certificate, Coverage Revenues may be adjusted when there has been an increase in Service Charges from the Service Charges in effect on the first day of the applicable Fiscal Year, which increase remains in effect on the date of delivery of such Additional First Lien Bonds, to reflect the Coverage Revenues for the Fiscal Year had the current schedule of Service Charges been in effect for all of such Fiscal Year.


More Definitions of Additional First Lien Bonds

Additional First Lien Bonds means any additional bonds of equal standing with the Prior Bonds and the Series 2011 USA Bonds.
Additional First Lien Bonds means First Lien Bonds issued subsequent to the Series 2011 Bonds.
Additional First Lien Bonds means any additional First Lien bonds issued

Related to Additional First Lien Bonds

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • Additional Second Lien Obligations means, with respect to any Grantor, any obligations of such Grantor owed to any Additional Second Lien Secured Party (or any of its Affiliates) in respect of the Additional Second Lien Documents.