Current Interest Obligations means Obligations designated as Current Interest Obligations in the Supplemental Indenture providing for the issuance of such Obligations and that pay interest to the Holders thereof on a periodic basis prior to maturity. Current Interest Obligations also include Convertible Capital Appreciation Obligations after their conversion date.
Current Interest Obligations means, collectively, the Obligations designated as Current Interest Obligations in a Supplemental Indenture and with respect to which interest is payable on each Interest Payment Date.
Current Interest Obligations means warrants or other debt obligations that provide for interest to be paid to the Holders thereof at least annually as provided in the Indenture or Supplemental Indenture pursuant to which such warrants are issued.
Examples of Current Interest Obligations in a sentence
The fourth series of Warrants issued hereunder shall be issued as Current Interest Obligations and shall be entitled “Subordinate Lien Sewer Revenue Current Interest Warrants, Series 2013-D”.
The first series of Warrants issued hereunder shall be issued as Current Interest Obligations and shall be entitled “Senior Lien Sewer Revenue Current Interest Warrants, Series 2013-A”.
The Series 2014 Refunding Bonds shall be Current Interest Obligations issued only as FullyRegistered Obligations bearing a Fixed Interest Rate, substantially in the form to be set forth in the Third Supplemental Trust Agreement.
More Definitions of Current Interest Obligations
Current Interest Obligations means the Obligations designated as Current Interest Obligations in the Supplemental Indenture providing for the issuance of such Obligations and that pay interest to the Holders thereof on a periodic basis prior to maturity. Current Interest Obligations also includes Convertible Capital Appreciation Obligations after their conversion date.
Current Interest Obligations means those Bonds or Subordinate Obligations which bear interest payable periodically on specified or determinable dates prior to the maturity or redemption dates thereto, including any Capital Appreciation Obligations from and after the date upon which interest becomes payable on a periodic basis prior to the maturity thereof, all as so designated in a Supplemental Declaration providing for the issuance or incurrence of such Bonds or such Subordinate Obligations, and which may be either Serial or Term Obligations including Variable Rate Obligations and Option Obligations.
Current Interest Obligations means those Bonds which bear interest payable periodically on specified or determinable dates prior to the maturity or redemption dates thereof, including any Capital Appreciation Obligations from and after the date upon which interest becomes payable on a periodic basis prior to the maturity thereof, all as so designated in an Authorizing Document providing for the issuance or incurrence of such Bonds, and which may be either Serial or Term Obligations.