Initial Bondholder definition

Initial Bondholder means each Bondholder listed on Schedule A to the Purchase Agreement purchasing any Bonds on the Closing Date.

Initial Bondholder means Bank of America, N.A. or its Affiliates and any Permitted Transferee during the Current Bondholder Period, and their designees as applicable.

Initial Bondholder as used in this Section 1 means any registered holder of bonds of the New Series listed on Schedule A to the Purchase Agreement. Further, the term “Institutional Investor” as used in this Section 1 means (a) any Initial Bondholder, (b) any holder of a bond of the New Series holding more than $1,000,000 in aggregate principal amount of the bonds of the New Series then outstanding, and (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form. SECTION 2. In accordance with and in compliance with the provisions of Article VI of the Original Indenture, (i) Twenty-Five Million Dollars ($25,000,000) principal amount of Bonds of 2032 Series and (ii) One Hundred Fifty Million Dollars ($150,000,000) principal amount of Bonds of 2052 Series may be executed by the Company and delivered to the Trustee, and shall be authenticated by the Trustee (notwithstanding any provisions of the Original Indenture to the contrary, by manual or electronic signatures) and delivered manually or electronically (without awaiting the filing or recording of this 2022 Supplemental Indenture) from time to time in accordance with the order or orders of the Company, evidenced by a writing or writings signed in the name of the Company by its Authorized Officers. SECTION 3. The approval by the State of New Jersey Board of Public Utilities of the execution and delivery of this 2022 Supplemental Indenture shall not in any way be construed as approval by said Board of any other act, matter or thing which requires the approval of said Board under the laws of the State of New Jersey; nor shall said approval bind said Board or any other public body or authority of the State of New Jersey having jurisdiction in the premises in any future application for the issue of bonds under the Original Indenture or any indenture supplemental thereto or otherwise. SECTION 4. As supplemented by this 2022 Supplemental Indenture, the Original Indenture is in all respects ratified and confirmed and the Original Indenture and this 2022 Supplemental Indenture shall be read, taken and construed as one and the same instrument. Nothing in this 2022 Supplemental Indenture contained shall, or shall be construed to, confer upon any person other than the holders of bonds issued under the Original Indenture and this 2022 Supplemental...

Examples of Initial Bondholder in a sentence

• The Company will afford the benefits of this Section 2.02(b) to any Institutional Investor that is the direct or indirect transferee of any Bond purchased by such Initial Bondholder under the Indenture.

• The Initial Bondholder and each subsequent Bondholder (by its accession to this Agreement by a Transfer and Accession Deed) agrees that, for so long as it is a holder of any Bonds, it shall not enter into any purchase or sale agreements for ADSs, nor engage in any short sale transactions in ADSs, in each case on any Dealing Day on which such number of ADSs subject to such transactions entered into by such Bondholder account for more than: (a) 40 per cent.

• Save as amended by this Agreement, the provisions of the Original Bond Agreement, the obligations of the parties and all the rights of the Company and the Initial Bondholder thereunder shall continue in full force and effect and this Agreement and the Amended and Restated Bond Agreement shall be read and construed as one instrument.

• The Company shall afford the benefits of this Section 2.06 to any Institutional Investor (as defined below) that is the direct or indirect transferee of any Bond purchased by any Initial Bondholder under the Purchase Agreement and that has made the same agreement relating to such bond as such Initial Bondholder have made in this Section 2.06.

• Following a transfer of Bonds, the relevant transferor (including the Initial Bondholder, if applicable) shall have no liability for the actions of transferees or other Bondholders, nor shall it have any obligation to enforce the terms of Clause 12.2 (Agreement Not to Short Sell Ordinary Shares or ADSs in Calculation Periods), Clause 12.3 (Maximum Trading Volume) or any other terms of this Agreement against any other Bondholders.

More Definitions of Initial Bondholder

Initial Bondholder means Cede & Co., as nominee for DTC, as the initial owner of the Series 2023 Bonds and the Series 2024 Bonds.

Initial Bondholder as used herein means any registered holder of a Security of this Series No. 10 listed on Schedule B to the Purchase Agreement. If any Interest Payment Date, any Redemption Date or the Stated Maturity shall not be a Business Day (as hereinafter defined), payment of the amounts due on this Security on such date may be made on the next succeeding Business Day; and, if such payment is made or duly provided for on such Business Day, no interest shall accrue on such amounts for the period from and after such Interest Payment Date, such Redemption Date or Stated Maturity, as the case may be, to such Business Day. Prior to March 15, 2053 (6 months prior to the Stated Maturity) (the “Par Call Date”), the Company may redeem the Securities of this Series No. 10 at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:

Initial Bondholder means Oppenheimer Limited Xxxx Xxxxxipal Fund and/or Oppenheimer Rochestex Xxxxxxxx Municipals or any successor beneficial holder of the Bonds that is an affiliate of Oppenheimer Funds, Inx.

Initial Bondholder as used in this Section 1 means any registered holder of bonds of the New Series listed on Schedule A to the Purchase Agreement. Further, the term “Institutional Investor” as used in this Section 1 means (a) any Initial Bondholder, (b) any holder of a bond of the New Series holding more than $1,000,000 in aggregate principal amount of the bonds of the New Series then outstanding, and (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form.

Initial Bondholder means each Bondholder listed on Schedule A to the Purchase Agreement purchasing any Bonds on the date of the First Closing or the Second Closing.

Initial Bondholder means M&T Bank, or an affiliate thereof;

Initial Bondholder means, (i) on the Closing Date, Bank of America, N.A., [and (ii) any Permitted Transferee during the Current Bondholder Period].