Examples of First Mortgage Bond Indenture in a sentence
In the case of VaPower, VaPower shall not, nor shall it permit any of its Material Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, except for (i) Liens permitted by the First Mortgage Bond Indenture and (ii) Liens created in the ordinary course of business.
It’s not gone up as high as it would as the weather gets better and the one thing I contribute that to is our fitness center is not getting the use it used to because of an addition of another large commercial facility.
We have assumed that the First Mortgage Bond Indenture has been duly authorized, executed and delivered by the Trustee.
Upon the execution and filing with the trustee of the proper papers with respect to the Offered Securities of a particular series, the Offered Securities of such series will be issuable under the terms of the First Mortgage Bond Indenture or Debenture Indenture, as applicable.
When a Board Resolution within the meaning of the First Mortgage Bond Indenture or Debenture Indenture, as the case may be, shall have been adopted or a supplemental indenture entered into in accordance with the First Mortgage Bond Indenture or Debenture Indenture, as the case may be, detailing the establishment of a particular series of Offered Securities, such series of Offered Securities will have been duly authorized by the Company.