AgVantage Bonds definition

AgVantage Bonds or “Bonds” means the debt instruments in the form of Annex A hereto issued and sold under this Agreement, or any one or more of them as the context may require.
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AgVantage Bonds or “Bonds” means the debt instruments substantially in the form of Annex A hereto issued and sold under this Agreement, or any one or more of them as the context may require, and shall include the Existing Bonds. “Bond Documents” means the Bonds, this Agreement, any Pricing Agreements and the Pledge Agreement. “Bond Interest Rate” means the rate of interest applicable to any particular Bond, as set forth in the applicable Pricing Agreement. “Bond Specific Payment Default” means an Event of Default triggered solely by a payment default of one or more AgVantage Bonds under Section 7.01(a) of this Agreement when no other facts and circumstances exist that have caused an Event of Default under Section 7.01 (other than Section 7.01(a)) to occur and be continuing. “Borrower” means a limited liability company or other entity organized and domiciled under the laws of any state in the United States of America that is principally-owned by the Operating Partnership and affiliated with Issuer (unless otherwise approved by Xxxxxx Mac) and that owns the agricultural real estate securing one or more loans made by Issuer to such Borrower. “Business Day” means any day other than a Saturday, a Sunday, or a day on which any of the Federal Reserve Bank of New York, Xxxxxx Mac’s office in Washington, DC or Issuer’s main office in McLean, Virginia is not open for business. “Capitalized Interest” means interest that is added to the cost of a long-term asset rather than expensed. “Certificate of Pledged Collateral” has the meaning given to that term in the Pledge Agreement. “Change of Control” means Gladstone Management Corporation, a Maryland corporation, or a sub-adviser thereof ceases to be the investment adviser to the REIT and, indirectly, to Gladstone Land Partners, LLC, a Delaware limited liability company, the Operating Partnership or the Issuer at any time during the term of the Bonds. “Closing Date” means the date of the funding of each issuance of AgVantage Bonds hereunder, which date shall be set forth in the applicable Pricing Agreement. “Collateral” has the meaning given to that term in the Pledge Agreement. “Collateral Agent” means Xxxxxx Mac, as collateral agent under the Pledge Agreement, or its successor, as appointed pursuant to the terms set forth in Article 3 of the Pledge Agreement.
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Examples of AgVantage Bonds in a sentence

  • The Collateral Agent acknowledges the grant of the Security Interest upon the issuance of the AgVantage Bonds under the Bond Purchase Agreement, accepts the trusts under this Agreement in accordance with the provisions of this Agreement, and agrees to perform its duties in this Agreement to the end that the interests of the AgVantage Bond Holder and the Bond Guarantor may be adequately and effectively protected.

  • Xxxxxx Mac, the Purchaser and Issuer have agreed that the AgVantage Bonds will be guaranteed by Xxxxxx Mac and secured by the pledge of loans secured by first liens on agricultural real estate, as provided herein.

  • The aggregate amount by which the value of Qualified Collateral exceeds the aggregate principal amount of the AgVantage Bond(s) outstanding (the sum of items 1 and 2 minus item 5) is ..................................................................

  • The aggregate principal amount of the AgVantage Bond(s) outstanding at the date hereof is .........................................

  • As security for the AgVantage Bonds issued pursuant to the Bond Purchase Agreement and any other amounts that are due hereunder or thereunder from the Grantor to the holders of AgVantage Bonds, the Grantor hereby assigns, transfers, pledges, and grants to the Collateral Agent for the benefit of the Control Party a security interest in and continuing lien on, subject to the terms of this Agreement, all of the Grantor’s right, title and interest in and to the Qualified Collateral (the “Security Interest”).

  • The aggregate amount, if any, of the AgVantage Bond(s) to be issued on the basis of this Certificate is ....................

  • Xxxxxx Mac, the Purchaser, Issuer and the REIT desire to combine, amend and restate the Existing Agreement and the Amendment in this Amended and Restated AgVantage Bond Purchase Agreement effective as of March 1, 2015 to govern all aspects of the terms and conditions governing the rights and obligations of parties with respect to all AgVantage Bonds issued by Issuer in the future from time to time under this Amended and Restated AgVantage Bond Purchase Agreement.

Related to AgVantage Bonds

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

  • Existing Bonds means the following obligations of Seller:

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.

  • Transition bonds means bonds, notes, certificates of

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

  • Series C Notes is defined in Section 1.

  • Revenue bonds means revenue bonds authorized to be issued pursuant to this Act.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • School Bonds means School Obligations issued as Bonds.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Series D Notes is defined in Section 1.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.