L Bonds definition

L Bonds are debt securities of Holdings that are guaranteed by GWG Life and issued as “Securities” under the Indenture.
L Bonds are a class of Securities authorized for issuance under this Indenture, the form of which is attached to this Indenture as Exhibit A-2.
L Bonds shall have the meaning given in the Recitals.

Examples of L Bonds in a sentence

  • K Medium/long term financial payables L Bonds issuedM Other non-current financial payables N Non-Current financial debt (K+L+M) O Net financial debt (J+N) To monitor the performance of its financial position, INWIT also uses "INWIT net financial debt” as a financial indicator; it is defined as the ESMA net financial debt less receivables and non-current financial assets, where applicable.

  • The second time was in two stages, with the lifting of the quantitative easing policy in March 2006 and then the lifting of zero interest rates in July 2006.

  • The Statement of Revenues, Expenditures and Changes in Fund Balance for the Measure L Bonds presents increases (i.e., revenues and other financing sources) and decreases (i.e., expenditures and other financing uses) in net current assets.

  • Please describe procedures for using an industry-standard, electronically secure data connection, using point-to-point data encryption, which allows the City to transmit account information (e.g., new accounts, updates, payments, etc.).

  • FISCAL IMPACTThe Series L Bonds will be general obligations of the San Diego Unified School District to be paid from ad valorem property taxes levied within the boundaries of the District, and do not constitute an obligation of the County.

  • The Company agrees to pay all other expenses incident to the performance of its respective obligations hereunder, including all expenses incident to filings with federal and state regulatory authorities and to the exemption of L Bonds under federal and applicable state securities laws, including fees and disbursements of the Company’s counsel, all costs of reproduction and distribution of the Prospectus and any amendment or supplement thereto, and all costs of attorneys’ fees and other expenses.

  • In addition, the Company will prepare and file with the SEC, promptly upon the Managing Broker-Dealer’s reasonable request, any amendments or supplements to the Registration Statement or Prospectus that, in the Managing Broker-Dealer’s opinion may be reasonably necessary or advisable in connection with the Offering or the L Bonds.

  • Dealer agrees to promptly notify the Company of the commencement of any litigation or proceedings against the Managing Broker-Dealer or any of the Managing Broker-Dealer’s officers, directors, partners, affiliates, or agents in connection with the offer or sale of L Bonds or in connection with the Registration Statement.

  • Today’s recommendation requests adoption of a resolution for issuance of the Series L Bonds.

  • No selling commissions, allowances, reimbursements or other compensation will be payable by the Company with respect to any sale of L Bonds unless and until such time as the Company has received the total proceeds of any such sale.

Related to L Bonds

  • School Bonds means School Obligations issued as Bonds.

  • Initial Bonds means the Bonds issued on the First Issue Date.

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

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

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

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

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Existing Bonds means the following obligations of Seller:

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • Transition bonds means bonds, notes, certificates of

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Refunded Bonds means the portion of the $35,000 of the Series E Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2024 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2, and may include all of those Original Bonds.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • Bank Bonds shall have the meaning ascribed thereto in Section 4.06(b)(i) hereof.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • 2022 Notes means the 5.875% Senior Notes of the Company due August 14, 2022 issued under the 2022 Indenture.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.