Collateral Bonds definition

Collateral Bonds has the meaning given it in the fourth recital.

Collateral Bonds means all bonds, notes and other evidences of indebtedness from time to time issued and outstanding under the Collateral Trust Indenture.

Collateral Bonds means any First Mortgage Bonds issued by the Company under the First Mortgage Indenture and issued and delivered to the Trustee pursuant to Section 4.01.

Examples of Collateral Bonds in a sentence

• The Collateral Bonds shall be exchangeable for other registered bonds of the same series, in the manner and upon the conditions prescribed in the Indenture, upon the surrender of such bonds at the Investor Services Department of the Company, as transfer agent.

• The Collateral Bonds shall not be sold or transferred by the Trustee until the earlier of the Release Date or the prior retirement of the Related Issue of Securities through redemption, repurchase or otherwise.

• The Administrative Agent shall surrender this Collateral Bond to the Trustee when all of the Borrower Obligations shall have been duly paid in full in immediately available funds, and the Credit Agreement (including, without limitation, all Commitments thereunder) shall have been terminated, and the Trustee shall cancel such Collateral Bonds upon receipt thereof.

• The Indenture provides that such declaration may in certain events be waived by the Holders of a majority in principal amount of the Collateral Bonds outstanding.

• In case an Event of Default shall occur, the principal of all the Collateral Bonds at any such time outstanding under the Indenture may be declared or may become due and payable, upon the conditions and in the manner and with the effect provided in the Indenture.

More Definitions of Collateral Bonds

Collateral Bonds has the meaning given it in the seventh recital.

Collateral Bonds shall have the meaning provided in Section 13.25.

Collateral Bonds and “Collateral Bond” shall have the meaning ascribed to such terms in Section 9.10.

Collateral Bonds means, collectively, the Bond of the Forty-Eighth Series and the Bond of the Forty-Ninth Series.

Collateral Bonds means the First Mortgage Bonds, Collateral Series 2004A, and all other bonds issued and authenticated under the Mortgage and delivered to and held by the Trustee as Secured Obligations.

Collateral Bonds as defined in Section 4.2(b).

Collateral Bonds means, at the Arrangers' option exercised in accordance with Section 4.02(f), either (i) Oncor Mortgage Bonds or (ii) 2002 Indenture Bonds, in either case issued to the Administrative Agent pursuant to Section 4.02(f).