Junior Bonds definition

Junior Bonds means the second lien bonds issued by the Issuer of up to SEK 125,000,000 (or its equivalent in NOK or USD), with holder of such bonds being defined as "Junior Bondholders".

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Junior Bonds means the Bonds designated as such by Supplemental Indenture.

Junior Bonds means all Bonds authenticated and delivered pursuant to Section 205 of this Indenture.

Examples of Junior Bonds in a sentence

• Amounts in the Senior Bonds Debt Service Reserve Account shall be made available to ensure the timely payment of Senior Debt Service on the Senior Obligations, amounts in the TIFIA Loans Debt Service Reserve Account shall be made available to ensure the timely payment of TIFIA Debt Service on the TIFIA Loan and amounts in the Junior Bonds Debt Service Reserve Account shall be made available to ensure the timely payment of Junior Bond Payment Obligations.

• The Financial Plan shall not reflect amortization of Senior Obligations or any Junior Bonds until such time as all currently accruing interest on the TIFIA Loan is being paid in full.

• Under the HOA, in the event the subscription agreement to be entered into between the Issuer and IPPL for its subscription of the Junior Bonds and Preference Shares is not entered into by the Long Stop Date or the Junior Bonds and the Preference Shares are not issued to IPPL by the Long Stop Date, PRE 8 shall refund the Deposit to, and PREPL shall procure PRE 8 to refund the Deposit to, IPPL within 14 business days after the Long Stop Date without any interest thereon.

• Requirement‖ shall be the sum of the amounts calculated with respect to each separate issue (as defined for federal income tax purposes) of Junior Bonds equal to the least of (a) the maximum Fiscal Year annual scheduled Debt Service on such issue of Junior Bonds, (b) 125% of the average Fiscal Year annual scheduled Debt Service on such issue of Junior Bonds and (c) 10% of the sale proceeds (as defined for federal income tax purposes) of such issue of Junior Bonds.

• If such Indenture Event of Default is described in subsection (c) of Section 5.01 hereof, the Trustee may, and at the written request of the Owners of a majority of the Bond Ownership Rights represented by the Junior Bonds shall, without further demand or notice, transfer moneys to the Junior Bonds Debt Service Account from other Accounts and Subaccounts in accordance with Section 3.05(c) hereof.

More Definitions of Junior Bonds

Junior Bonds means either (a) bonds secured by a pledge of Revenues junior and subordinate in all respects to the pledge securing the Bonds or (b) any other form of indebtedness, including lease purchase obligations secured by sums available in the Revenue Fund after provision has been made for all payments required to be made with respect to the Bonds.

Junior Bonds means the subordinate bonds issued by the Governmental Lender under the Junior Indenture in the aggregate principal amount of not to exceed $ .

Junior Bonds means any Series of Bonds of the Class of Bonds evidencing or securing Junior Debt. “Junior Debt” means Indebtedness which, by its terms or provisions relating thereto, is subordinated to the

Junior Bonds means either (a) bonds or bond anticipation notes secured by a pledge of Hospitality Fees junior and subordinate in all respects to the pledge securing the Bonds or (b) any other form of indebtedness secured by a pledge of Hospitality Fees after provision has been made for all payments required to be made with respect to the Bonds, which bonds or indebtedness may be authorized by an ordinance of Council which is not supplemental to this Ordinance.

Junior Bonds means any Series of Bonds of the Class of Bonds evidencing or securing Junior Debt.

Junior Bonds means either (a) bonds secured by a pledge of Tax Revenues junior and subordinate in all respects to the pledge of this Ordinance or (b) any other form of indebtedness, including lease purchase obligations, secured by Tax Revenues remaining after provision has been made for all payments required to be made with respect to the Bonds.

Junior Bonds means either (a) bonds or bond anticipation notes secured by a pledge of Hospitality Taxes junior and subordinate in all respects to the pledge securing the Bonds or (b) any other form of indebtedness secured by a pledge of Hospitality Taxes after provision has been made for all payments