Collateral Mortgage Bonds definition

Collateral Mortgage Bonds means the First Mortgage Bonds, Collateral Series I, substantially in the form attached to the Eleventh Supplemental Indenture.
Sample 1
Collateral Mortgage Bonds means Second Mortgage Bonds, Collateral Series C, substantially in the form attached to the Fourth Supplemental Indenture.
Sample 1
Collateral Mortgage Bonds means Second Mortgage Bonds, Collateral Series E, substantially in the form attached to the Sixth Supplemental Indenture.
Sample 1

Examples of Collateral Mortgage Bonds in a sentence

  • Upon delivery of the Collateral Mortgage Bonds to the Administrative Agent under a Bond Delivery Agreement and at all times thereafter, the Collateral Mortgage Bonds will be “Outstanding” and the Administrative Agent will be the “Holder” of the Collateral Mortgage Bonds for all purposes of the Mortgage Indenture.

  • The Trustee shall have no duty to ascertain or inquire into or verify the performance or observance of any covenants, conditions or agreements on the part of the Company or the Mortgage Bond Trustee with respect to the 3.30% Collateral Mortgage Bonds due 2027.

  • Upon delivery of the Collateral Mortgage Bonds to the Administrative Agent under the Bond Delivery Agreement and at all times thereafter, the Collateral Mortgage Bonds will be "Outstanding" and the Administrative Agent will be the "Holder" of the Collateral Mortgage Bonds for all purposes of the Second Indenture.

  • The Company acknowledges and agrees that, solely for administrative purposes, the Trustee will establish an account in the name of the Company for the custody and safekeeping of 4.60% Collateral Mortgage Bonds due 2043 delivered to the Trustee.”Section 512 The Nineteenth Supplemental Indenture (Amended 310).

  • Reference is made to the Indenture and the Mortgage Indenture for a description of the rights of the Trustee as holder of the 2035 Collateral Mortgage Bonds, the property mortgaged and pledged, the nature and extent of the security and rights of the holders of the mortgage bonds under the Mortgage Indenture and the rights of the Company under the Mortgage Indenture and the terms and conditions upon which the Securities are secured.

  • Whether or not expressly provided herein, the rights, privileges, protections, immunities, indemnities and benefits given to the Trustee pursuant to the Indenture shall apply to any action taken by the Trustee in accordance with the terms of the 4.60% Collateral Mortgage Bonds due 2043 and/or the Mortgage Indenture.

  • All the 4.60% Collateral Mortgage Bonds due 2043 delivered to the Company in accordance with this Section 311 shall be delivered by the Company to the Mortgage Bond Trustee for cancellation.

  • The Company shall cause all of the 2035 Collateral Mortgage Bonds shall be issued and registered in the name of the Trustee.

  • The Company acknowledges and agrees that, solely for administrative purposes, the Trustee will establish an account in the name of the Company for the custody and safekeeping of 4.00% Collateral Mortgage Bonds due 2046 delivered to the Trustee.”Section 1305 The Twenty-Eighth Supplemental Indenture (Amended 310).

  • For the avoidance of doubt, any amounts received by the Trustee with respect to the 4.75% Collateral Mortgage Bonds due 2044 will be applied to satisfy any obligations under the 4.75% Senior Notes due 2044 in accordance with the Indenture and not any other Bonds outstanding under the Indenture.


More Definitions of Collateral Mortgage Bonds

Collateral Mortgage Bonds contained in Section 1.01 of the Existing Agreement is hereby amended and restated in its entirety to read as follows:
Sample 1
Collateral Mortgage Bonds means the First Mortgage Bonds, Collateral Series H of 2010, issued pursuant to the terms of this Agreement and the Tenth Supplemental Indenture and delivered to the Administrative Agent pursuant to a Bond Delivery Agreement.
Sample 1
Collateral Mortgage Bonds means one or more new series of Mortgage Bonds, substantially in the form attached to a Supplemental Indenture, issued by the Borrower after the Effective Date pursuant to the terms of this Agreement and such Supplemental Indenture and delivered to the Administrative Agent pursuant to a Bond Delivery Agreement.
Sample 1

Related to Collateral Mortgage Bonds

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

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

  • Additional Mortgage shall have the meaning assigned to such term in Section 5.10(c).

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • Commercial Mortgage Loan means a loan secured by a Lien on improved real estate used for commercial purposes.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Initial Mortgage Rate As to each Mortgage Loan, the Mortgage Rate in effect prior to the Initial Adjustment Date.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Residential mortgage loan means any loan primarily for

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.