Majority Bondholder definition

Majority Bondholder means the Bondholders with a majority of the aggregate principal amount of Bonds from time to time. As of the Effective Date, the Purchaser shall be the Majority Bondholder.

Majority Bondholder means the Owners owning a majority of the aggregate principal amount of Bonds from time to time Outstanding. As of the Closing Date, Xxxxx Fargo Municipal Capital Strategies, LLC shall be the Majority Bondholder.

Majority Bondholder means Bondholders owning more than 50% of the aggregate principal amount of 2012A Bonds from time to time. As of the Effective Date, the Purchaser shall be the Majority Bondholder.

Examples of Majority Bondholder in a sentence

• The Majority Bondholder may so designate an alternate Person to act as the Purchaser from time to time.

• The Majority Bondholder may so designate an alternate Person to act as the Bank from time to time.

• The Borrowers shall provide to the Trustee, upon its request or the request of the Majority Bondholder, (i) a detailed listing of all Service Contracts in effect, and (ii) a detailed contracts in progress report of the Service Contracts, containing such information as reasonably requested by the Lender, including, without limitation, a description of the Service Contract identifying the stand-by revenue amount, the contract value, xxxxxxxx to date, the unfunded amounts remaining.

• U.S. Bank National Association shall be the Purchaser hereunder until such time as the Majority Bondholder designates an alternate Person to serve as the Purchaser hereunder by delivery of written notice to the Authority and the Trustee and such Person accepts and agrees to act as the Purchaser hereunder and under the Related Documents.

• Bank of America, N.A. shall be the Bank hereunder until such time as the Majority Bondholder designates an alternate Person to serve as the Bank hereunder by delivery of written notice to the Finance Authority and the Trustee and such Person accepts and agrees to act as the Bank hereunder and under the Related Documents.

More Definitions of Majority Bondholder

Majority Bondholder means any individual beneficial owner of or owners in the aggregate who together own greater than fifty percent (50%) of the combined aggregate outstanding principal amount of the Bonds.

Majority Bondholder means the Bondholders with a majority of the aggregate outstanding principal amount of Series 2014D Bonds and Series 2018 Bonds from time to time. As of the respective Closing Dates, PNC Bank, National Association shall be the Majority Bondholder.

Majority Bondholder means the holders of more than fifty percent (50%) of the principal amount of the Bonds then outstanding;

Majority Bondholder means Bondholders owning more than 50% of the aggregate principal amount of the Series 2014A Bonds from time to time. As of the Initial Index Rate Closing Date, Banc of America Preferred Funding Corporation shall be the Majority Bondholder.

Majority Bondholder means [redacted], the majority bondholder of Seller’s secured bonds issued pursuant to the Indentures.

Majority Bondholder means the Bondholders with a majority of the aggregate principal amount of Bonds from time to time. As of the Closing Date, Wells Fargo Municipal Capital Strategies, LLC shall be the Majority Bondholder.

Majority Bondholder means the Owners owning a majority of the aggregate principal amount of Bond from time to time Outstanding. As of the Closing Date, the Purchaser shall be the Majority Bondholder.