New Bonds definition

New Bonds has the meaning set forth in the recitals hereto.

New Bonds means the New Asset Co Bonds, the New Trading Co Bonds and the New Trading Hold Co Bonds.

New Bonds means the Authority’s Future Tax Secured Bonds hereby authorized to be

Examples of New Bonds in a sentence

• New Bonds of such Series representing the unredeemed balance of the principal amount shall be issued to the Owner thereof without any charge therefore.

• New Bonds delivered upon any registration of transfer or exchange shall be valid obligations of the Issuer, evidencing the same debt as the Bonds surrendered, shall be secured by this Indenture and shall be entitled to all of the security and benefits hereof to the same extent as the Bonds surrendered.

• The New Bonds are exchangeable for the New Bonds of other denominations, as in the Original Indenture provided, except that payment of a service charge therefor will not be required by the Company.

• The Bonds and the Coupons are secured obligations of the Issuer and rank pari passu with any New Bonds (and the coupons relating thereto) and any other Pari Passu Borrowings and without any preference among themselves.

• New Bonds representing the unredeemed balance of the principal amount of such Bond shall be issued to the Owner thereof, without charge therefor.

More Definitions of New Bonds

New Bonds means, collectively, the Senior Subordinated Notes due 2009 with Contingent Payments and the Senior Subordinated Contingent Notes due 2009 issued pursuant to the Indentures.

New Bonds means, collectively, the Series A Bonds and Series B Bonds to be issued by Reorganized PREPA pursuant to the Plan on the Effective Date, having an aggregate original principal amount of approximately $5.68 billion.

New Bonds means senior secured callable floating rate bonds with ISIN NO0012826033 issued by the Issuer.

New Bonds means the Bonds issued by the Issuer on the Initial Issue Date other than the Replacement Bonds.

New Bonds means the Company’s (a) 5 5/8% Senior Notes due 2012 in an aggregate principal amount of $400,000,000 and (b) 5 7/8% Senior Notes due 2015 in an aggregate principal amount of $500,000,000.

New Bonds means the Town of Hilton Head Island, South Carolina, Stormwater System Revenue Bonds, in one or more series, in the aggregate principal amount of not exceeding $14,000,000 authorized to be issued hereunder.

New Bonds means, collectively, the Series A Bonds and Series B Bonds to be issued by Reorganized PREPA pursuant to the Plan on the Effective Date, having an aggregate original principal amount of up to approximately five billion, four hundred million dollars ($5,400,000,000).