Class C Bonds definition

Class C Bonds means the Bonds so designated under the Indenture and issued pursuant thereto.
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Class C Bonds. Class D Bonds," "Class E Bonds," "Class F Bonds," "Class G Bonds," "Class H Bonds," and "Class X Bonds," respectively, and secured by, among other things, a lien on the Trust Estate, and distributing such Bonds or the proceeds from the sale thereof to the Depositor, (iii) issuing the Ownership Certificate evidencing the entire beneficial ownership interest in the Trust, (iv) consummating certain transactions contemplated by, and performing its obligations under, the Operative Agreements, and (v) engaging in certain activities incidental to the foregoing.
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Class C Bonds means the Class C Bonds initially issued by the Company on June 26, 2016.
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Examples of Class C Bonds in a sentence

  • Principal, premium, if any, and interest on the Class C Bonds will be payable at the office or agency of the Company maintained for such purpose except that, at the option of the Company, the payment of interest may be made by check mailed to the holders of Class C Bonds at their respective addresses set forth in the Bond Register.

  • Interest on the Class C Bonds will accrue from the first day of the calendar month immediately preceding the Interest Payment Date through the last day of the calendar month immediately preceding the Interest Payment Date.

  • The Company shall pay interest on overdue principal and premium, if any, from time to time on demand to the extent lawful at the interest rate applicable to the Class C Bonds; it shall pay interest on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful.

  • Such waiver and release are part of the consideration for issuance of the Class C Bonds.

  • The registered holder of Class C Bonds may be treated as its owner for all purposes.

  • Each Holder, by accepting the Class C Bonds, waives and releases all such liability.

  • The Company will pay interest on the Class C Bonds to the Persons who are registered holders of Class C Bonds at the close of business on the last day of each calendar month immediately preceding the Interest Payment Date, whether or not such date is a Business Day (the “Record Date”), even if such Class C Bonds are canceled after such Record Date and on or before such Interest Payment Date, except as provided in Section 2.02 of the Indenture with respect to Defaulted Interest.

  • The Company will pay interest due on the Class C Bonds on the Interest Payment Dates, or if any such day is not a business day, the next Business Day.

  • The Company shall pay principal, premium, if any, and interest on the Class C Bonds in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts (“U.S. Legal Tender”).

  • The Class C Bonds will be issued in denominations of $1,000 and integral multiples of $1,000 in excess thereof.


More Definitions of Class C Bonds

Class C Bonds are a class of Securities authorized for issuance under this Indenture, the form of which is attached to the Indenture as Exhibit A.
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Class C Bonds means the Allied Capital Commercial Mortgage Trust 1998-1 Commercial Mortgage Collateralized Bonds, Class C.
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Class C Bonds the "Class D-1 Bonds", the "Class D-2 Bonds", the "Class E Bonds", the "Class F Bonds", the "Class G Bonds", the "Class H-1 Bonds", the "Class ▇-▇ ▇▇▇▇▇" and the "Class J Bonds", respectively, and secured by, among other things, a lien on the Pledged Securities (as defined herein), and distributing the Bonds or the proceeds therefrom to the Depositor, (iii) issuing Owner Trust Certificates in two classes designated as the "Class A Certificates" and the "Class R Certificates", respectively, evidencing the entire beneficial ownership interest in the Trust, (iv) consummating certain transactions contemplated by, and performing under, the Operative Agreements (as defined herein) , and (v) engaging in certain activities incidental to the foregoing. Wilmington Trust Company, a Delaware bank and trust company, is willing to act as trustee hereunder (in its individual capacity, the "Bank", and solely in its capacity as owner trustee hereunder, with its successors in interest in such capacity and its permitted assigns, the "Owner Trustee") and to accept the Trust created hereby. In consideration of the premises and of the mutual agreements herein contained and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
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