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 Bondholders with a majority of the aggregate principal amount of Bonds from time to time. As of the Effective Date, U.S. Bank National Association shall be the Majority Bondholder and, notwithstanding the percentage share of the Bonds that it may hold in the future, shall be considered the “Majority Bondholder” hereunder for the purpose of providing any required payments, notices, information and consents hereunder.

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.

• PNC 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 County and the Trustee and such Person accepts and agrees to act as the Purchaser hereunder and under the Related Documents.

• The Purchaser shall and hereby does, effective on the Closing, release, acquit and forever discharge the Majority Bondholder, FTI, FAAN and each of their respective employees, advisors or representatives from any and all actual or potential liability, debts, demands, actions, causes of action, and any and all other claims of whatever kind in each case in connection with the transactions contemplated by this Agreement, the SISP and the Strategic Review Process or any steps taken in connection therewith.

• 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.

• For greater certainty, the Majority Bondholder is not selling and the Purchasers are not purchasing the Majority Bondholder Retained Shares.

More Definitions of Majority Bondholder

Majority Bondholder means any Bondholder owning 50% or more of the aggregate outstanding principal of the Bonds.

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

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 [redacted], the majority bondholder of Xxxxxx’s secured bonds issued pursuant to the Indentures. Offer has the meaning specified in the Recitals. Outside Date means November 30, 2019 unless extended by mutual agreement of the Parties. PAI has the meaning specified above the Recitals. PAI Shareholders’ Agreement has the meaning specified above the Recitals.

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 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 any beneficial owner of or owners who together own greater than fifty percent (50%) of the aggregate Outstanding principal amount of the Bonds.