First Mortgage Bonds definition
First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.
First Mortgage Bonds means one or more series of bonds issued and delivered under the Company Mortgage and held by the Trustee pursuant to Section 5.9 of the Loan Agreement.
First Mortgage Bonds means all first mortgage bonds issued by the Company and outstanding under the First Mortgage, other than Senior Note First Mortgage Bonds.
Examples of First Mortgage Bonds in a sentence
The issuance to the Administrative Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Amend, supplement, modify or waive the FMB Indenture in any manner that is materially adverse to the Lenders hereunder; provided that the foregoing shall not prohibit the Borrower from supplementing the FMB Indenture in order to provide for the issuance of additional First Mortgage Bonds in accordance with the FMB Indenture or to add property to the Lien of the FMB Indenture.
More Definitions of First Mortgage Bonds
First Mortgage Bonds means the Borrower's First Mortgage Bonds issued under the First Indenture.
First Mortgage Bonds means obligations of such ▇▇▇▇ Supplier or Guarantor, as the case may be, evidenced by a first mortgage bond or other similar instrument and secured by a first priority lien on all or substantially all of the property, plant and equipment and related assets of such ▇▇▇▇ Supplier or Guarantor. Notwithstanding anything in this Agreement to the contrary, the Companies may exercise any rights or claims to any collateral posted, delivered or pledged to them under this Agreement, before, after, concurrently with, or to the exclusion of, any other collateral posted, delivered or pledged, and in particular are not required to exercise any remedies whatsoever against any First Mortgage Bonds prior to applying any cash collateral against, or making a drawing under any letter of credit in respect of, any liabilities of the ▇▇▇▇ Supplier hereunder or its Guarantor under the Guaranty to the Companies or any of them.
First Mortgage Bonds bonds issued by the Borrower pursuant to the FMB Indenture.
First Mortgage Bonds means bonds or other indebtedness issued by CIPS, CILCO or IP, as applicable, pursuant to the CILCO Indenture, the CIPS Indenture or the IP Indenture, respectively.
First Mortgage Bonds means bonds or other indebtedness issued (including for pledge to secure other Indebtedness) pursuant to the Existing UE Indenture.
First Mortgage Bonds means those first mortgage bonds issued pursuant to the FMB Indenture.
First Mortgage Bonds means all first mortgage bonds issued by the Company and outstanding under the First Mortgage, other than Pledged Bonds.