First Tier Bonds definition

First Tier Bonds means the Series 2017A Bonds and all Additional Bonds issued on a parity with the Series 2017A Bonds.
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First Tier Bonds means the Borrower’s $135,340,000 Convention Center Hotel First Tier Revenue Refunding Bonds, Series 2017A, dated May 1, 2017.
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First Tier Bonds means Bonds payable from and secured by the First Tier Debt Service Account.
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Examples of First Tier Bonds in a sentence

  • The Borrower shall issue all of the Series 2010 First Tier Bonds and enter into the TIFIA Loan all on the Closing Date and in compliance with the terms and conditions of the Trust Agreement and the TIFIA Loan Agreement, respectively.

  • Policy limits shall be the lesser of the original principal amount of the First Tier Bonds plus the Second Tier Bonds or $100,000,000, but in no event less than $1,000,000 for damages arising out of any one occurrence, and automobile liability and property insurance in the minimum amount of $1,000,000 for damages arising out of any one occurrence.

  • Prior to or concurrently with the issuance of the Series 2010 First Tier Bonds, any Refunding Bonds and any Additional Senior Project Debt, TxDOT shall execute a continuing disclosure undertaking in a form reasonably acceptable to TxDOT, Borrower and the purchasers of such debt in order to enable Borrower to comply with its continuing disclosure undertaking relating to such debt as required under Rule 15c2-12 of the Securities Exchange Commission.

  • The letter of credit shall be payable in one or more draws upon presentation by the Trustee of a sight draft accompanied by its certificate (which must be satisfactory in form and substance to the Trustee and the issuer of the letter of credit) that the Trustee then holds insufficient funds to make a required payment of principal of or interest on the First Tier Bonds.

  • The Borrower and TxDOT shall be deemed to make, as of the date of the issuance of any Series 2011 First Tier Bonds, the same representations and warranties with respect to any such offering document as the parties have made under the TELA with respect to the Official Statement.

  • The terms "Bond" and "Bonds" includes First Tier Bonds, Second Tier Bonds, Third Tier Bonds and Subordinate Bonds and may, if provided in a Series Trust Indenture, include Credit Provider Bonds.

  • During any period that the Lockbox Fund is held in the name and to the credit of the Trustee, the Trustee shall use and withdraw from time to time amounts in said fund to make payments of Debt Service first on the First Tier Bonds and second on the Second Tier Bonds when due.

  • All conditions precedent to the making of the first disbursement under the TIFIA Loan Agreement shall have been satisfied or waived by the United States Department of Transportation, other than any conditions solely requiring the satisfaction of all conditions to the issuance of the Series 2010 First Tier Bonds or of the Toll Equity Loan Commitment.

  • All conditions precedent to the making of the first disbursement under the SWP/CT Project TIFIA Loan Agreement shall have been satisfied or waived by the United States Department of Transportation, other than any conditions solely requiring the satisfaction of all conditions to the issuance of the Series 2011 First Tier Bonds or to the increase in the Toll Equity Loan Commitment under the Supplement.

  • Each Series 2017A Bond shall be substantially in the form of Exhibit B hereto (except the Initial Bonds which shall be substantially in the form of Exhibit C hereto), with such changes therein which are not inconsistent with this Indenture, as are approved by the Authorized Corporation Representative executing the Series 2017A Bonds (whose manual or facsimile signature on such First Tier Bonds shall constitute conclusive evidence of his or her approval of any such changes appearing thereon).


More Definitions of First Tier Bonds

First Tier Bonds has the meaning provided in the Indenture.
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Related to First Tier Bonds

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Asset Backed Notes (the "Class A-2 Notes"), Class A-3 4.30% Asset Backed Notes (the "Class A-3 Notes"), Class A-4 4.36% Asset Backed Notes (the "Class A-4 Notes" and, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 4.52% Asset Backed Notes (the "Class B Notes"), Class C 4.72% Asset Backed Notes (the "Class C Notes") and Class D 6.76% Asset Backed Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes"), are issued under the Indenture, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Noteholders. The Notes are subject to all terms of the Indenture. The Class A-1 Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. Interest on and principal of the Notes will be payable in accordance with the priority of payments set forth in Section 8.2 of the Indenture.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Asset-Backed Securities means securities which:

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • First Securitization means the earliest to occur of the Note A-1 Securitization and the Note A-2 Securitization.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Equipment Notes means, at any time, the Series A Equipment Notes, the Series B Equipment Notes and the Series C Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

  • Receivables Fee means distributions or payments made directly or by means of discounts with respect to any accounts receivable or participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Note A-4 Securitization means the first sale by the Note A-4 Holder of all or a portion of Note A-4 to a depositor who will in turn include such portion of Note A-4 as part of the securitization of one or more mortgage loans.

  • Class of Notes means each of the Classes of Notes being:

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.