Borrower Bonds definition

Borrower Bonds means any Bond registered to the Borrower or any affiliate thereof or held by the Trustee for the account of the Borrower.

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Borrower Bonds means (i) Bonds owned or held by the Borrower or any Affiliate of the Borrower, or by the Trustee or the Tender Agent, or the agent of either of them, for the account of the Borrower or any Affiliate of the Borrower, including, but not limited to, Pledged Bonds, or (ii) Bonds which the Borrower has notified the Trustee, or which the Trustee knows, were purchased by another Person for the account of the Borrower or any Affiliate of the Borrower, including, but not limited to, Pledged Bonds.

Borrower Bonds means Bonds that have been purchased by the Borrower in accordance with Section 3.1(E) of the Agreement.

Examples of Borrower Bonds in a sentence

• Upon notice by the Liquidity Provider or Bank that such Liquidity Provider or Bank has been reimbursed by the Borrower for the payment of all amounts drawn under the Liquidity Facility or Letter of Credit, as applicable, the Trustee shall hold the Liquidity Provider Bonds or Bank Bonds, as the case may be, in trust for the Borrower and such Bonds shall thereafter cease to be Liquidity Provider Bonds or Banks Bonds and shall be thereafter treated as Borrower Bonds, until remarketed as provided herein.

• The Remarketing Agent shall seek to remarket Borrower Bonds only after remarketing all other Bonds tendered for purchase.

• Whenever principal is required to be paid on the Bonds, whether at maturity or as a result of redemption or acceleration, an amount of Borrower Bonds equal to the principal amount of such Bonds being paid shall be subject to mandatory redemption on the date principal is due on the Bonds.

• The Authority directs the Borrower, and the Borrower agrees, to pay to the Trustee at its Principal Corporate Trust Office all payments under Section 4.1 of this Agreement and on the Borrower Bonds and other payments due and payable to the Trustee under this Agreement.

• This Agreement may not be assigned by either party without consent of the other, except that the Authority shall pledge and assign to the Trustee rights of the Authority under this Agreement and the Borrower Bonds as provided by Section 4.5 of this Agreement or in the Indenture, and the Borrower may assign its rights under this Agreement to any transferee or any surviving or resulting Person pursuant to Section 5.4 of this Agreement.

More Definitions of Borrower Bonds

Borrower Bonds means any Bond registered to the Borrower or any affiliate thereof or held by the Trustee for the account of the Borrower. “Business Day” means a day on which banking institutions located in New York, New York, or in the city in which the principal corporate trust

Borrower Bonds means Bonds purchased with moneys described in Section 4.05(c)

Borrower Bonds means the Bonds held for and on behalf of the Borrower or any nominee for (or any Person who owns such Bonds for the sole benefit of) the Borrower pursuant to Section 418(c) hereof.

Borrower Bonds means the 5.25% Senior Notes due 2013 issued under the Indenture.

Borrower Bonds means any Bonds registered to the Company pursuant to Subsection 312(a) of the Indenture.

Borrower Bonds means Borrower's 7 1/8% Senior Debentures due December 15, 2007. "Borrower Materials" has the meaning specified in Section 6.02 hereof.

Borrower Bonds means any Bond registered to the Borrower pursuant to Section 9.19(A) hereof.