Bonds Indenture definition
Examples of Bonds Indenture in a sentence
Periodic Interest; Book-Entry Deferred Fuel Cost Bonds; Indenture Trustee Caps.
Upon such full and final performance and indefeasible payment of the Secured Obligations, whether by PFC pursuant to the Bonds, Indenture or Mortgage Documents or by any other person, Secured Party shall have no obligation whatsoever to transfer or assign its interests the Bonds, Indenture or Mortgage Documents to Grantor, except as otherwise required by applicable law.
The Trustee shall, as the holder of the First Mortgage Bonds, attend such meeting or meetings of holders of First Mortgage Bonds issued under the First Mortgage Bonds Indenture or, at its option, deliver its proxy in connection therewith, as it relates to matters with respect to which it is entitled to vote or consent.
The New Bonds shall mature, subject to prior redemption, on March 1, 2035, and shall bear interest at the same rate or rates of interest as the Authority Bonds which, in turn, shall be determined by the methods set forth in the Authority Bond Indenture, which provides for a PARS Rate, a Daily Interest Rate, a Weekly Interest Rate, a Flexible Interest Rate or a Term Interest Rate (each as defined in the Authority Bonds Indenture).
The New Bonds shall mature, subject to prior redemption, on September 1, 2033, and shall bear interest at the same rate or rates of interest as the Authority Bonds which, in turn, shall be determined by the methods set forth in the Authority Bond Indenture, which provides for an Auction Rate, a Daily Rate, a Weekly Rate, a Commercial Paper Rate or a Long-Term Interest Rate (each as defined in the Authority Bonds Indenture).
Grantor further represents and warrants to Secured Party that Grantor has read and understands the terms and conditions of in the Bonds, Indenture or Mortgage Documents.
Any waiver of any "Event of Default" under the Indenture and a rescission and annulment of its consequences, and any waiver of any "Default" under the First Mortgage Bonds Indenture and a rescission and annulment of its consequences, shall constitute a waiver of the corresponding Event of Default hereunder and a rescission and annulment of the consequences thereof.
The Bonds of Series Q shall be redeemable as provided in the Original Indenture and the Authority Bonds Indenture.
The rights of the Bonds Issuer in and to the Collateral have been assigned to the Bonds Trustee pursuant to the terms of (i) a certain Assignment Agreement (as defined below) and (ii) the Bonds Indenture (as defined below).
On the Mandatory Redemption Date, the Escrow Bank shall apply the amounts on deposit in the Escrow Fund to reimburse the Bank in full for the payment by the Bank of the Redemption Price of the Prior Bonds tendered for redemption on the Mandatory Redemption Date in accordance with Section 4.01(c)(ii) of the Prior Bonds Indenture of Trust in the principal amount of $[34,500,000], plus accrued interest of $ , for a total of $ .