Outstanding Senior Lien Bonds definition

Outstanding Senior Lien Bonds means the Series 2015 Bonds, the Series 2017 Bonds, the Series 2018 Bonds, the Series 2019 Bonds, the Series 2020A Bonds, the Series 2021 Bonds and the Series 2022 Bonds.
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Outstanding Senior Lien Bonds means the outstanding bonds of the System’s Senior Lien Student Fee Revenue Refunding Bonds, Series 2005; the Senior Lien Student Fee Revenue Bonds, Series 2008; the Senior Lien Student Fee Revenue Bonds, Series 2010; the Combined Fee Revenue Refunding Bonds, Series 2014A; the Combined Fee Revenue Refunding Bonds, Taxable Series 2014B; and the Bonds.
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Outstanding Senior Lien Bonds means bonds to which the Pledged Revenues of the Commission have heretofore been pledged on a senior lien basis by the Commission, specifically the following indebtedness: (i) the Commission’s Revenue Bonds (Department of Environmental Quality Project), Series 2010, dated April 29, 2010, in the original aggregate principal amount of $8,300,000, (ii) the Commission’s Taxable Revenue Bonds, Series 2013A, dated March 6, 2013, in the original aggregate principal amount of $45,000,000, (iii) the Commission’s Revenue Refunding Bonds, Series 2014A (Taxable), dated December 17, 2014, in the original aggregate principal amount of $127,455,000, (iv) the Commission’s Revenue Refunding Bonds, Series 2014B (Tax-Exempt), dated December 17, 2014, in the original aggregate principal amount of $205,435,000, (v) the Commission’s Taxable Revenue Bonds (Department of Environmental Quality Project), Series 2015A, dated October 8, 2015, in the original aggregate principal amount of $20,000,000, (vi) the Commission’s Taxable Revenue Bonds (Department of Environmental Quality Project), Series 2016A, dated May 17, 2016, in the original aggregate principal amount of $12,000,000, (vii) the Commission’s Revenue Refunding Bonds, Series 2019A, dated October 29, 2019, in the original aggregate principal amount of $305,340,000, (viii) the Commission’s Revenue Refunding Bonds, Series 2019B, dated October 29, 2019, in the original aggregate principal amount of $79,410,000, (ix) the Commission’s Revenue Refunding Bonds, Series 2020A (Tax-Exempt), dated August 18, 2020, in the original aggregate principal amount of $61,385,000, (x) the Commission’s Revenue Refunding Bonds, Series 2020B (Taxable), dated August 18, 2020, in the original aggregate principal amount of $224,900,000, and (xi) the Commission’s Multi-Modal Revenue Refunding Bonds, Series 2021A, dated March 17, 2021, in the original aggregate principal amount of $137,210,000.
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Examples of Outstanding Senior Lien Bonds in a sentence

  • The Outstanding Senior Lien Bonds shall be deemed to be Senior Lien Bonds hereunder and the Outstanding Junior Lien Bonds shall be deemed to be Junior Lien Bonds hereunder; and in both cases such bonds shall be entitled to the applicable provisions hereof relating to Senior Lien Bonds and Junior Lien Bonds, as the case may be, to the extent that such provisions are not inconsistent with any corresponding provisions of the Original General Bond Resolution or any applicable series ordinance.

  • Regarding the Outstanding Senior Lien Bonds and the Outstanding Junior Lien Bonds.

  • The Series 2023 Bond shall be payable out of the Net Revenues, as set forth more fully in Section 8 hereof, provided that the Series 2023 Bond shall be junior and subordinate to the prior lien with respect to the Net Revenues of the Outstanding Senior Lien Bonds hereafter issued pursuant to the Prior Ordinances and equal in standing with the Outstanding Junior Lien Bonds and any Junior Lien Bonds hereafter issued.

  • The Series 2020 Bonds shall be payable out of the Net Revenues, as set forth more fully in Section 8 hereof, provided that the Series 2020 Bonds shall be subordinate to the prior lien with respect to the Net Revenues in favor of the Outstanding Senior Lien Bonds and of any additional bonds of equal standing with the Outstanding Senior Lien Bonds hereafter issued.

  • The Series 2023A Bonds shall be payable out of the Net Revenues, as set forth more fully in Section 8 hereof, provided that the Series 2023A Bonds shall be subordinate to the prior lien with respect to the Net Revenues in favor of the Outstanding Senior Lien Bonds and of any additional bonds of equal standing with the Outstanding Senior Lien Bonds hereafter issued.


More Definitions of Outstanding Senior Lien Bonds

Outstanding Senior Lien Bonds means the Issuer’s Sewage Disposal System Revenue Refunding Bonds (Limited Tax General Obligation), Series 2021, dated June 29, 2021, issued pursuant to the Master Ordinance.
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Outstanding Senior Lien Bonds means the Series 2017 Bond.
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Outstanding Senior Lien Bonds means the Outstanding Senior Sewer Bonds and the Outstanding Senior Water Bonds.
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Outstanding Senior Lien Bonds means the Series 2016 Bonds.
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Outstanding Senior Lien Bonds means the Issuer's Series 2014 Bonds, Series 2017 Bonds, and Series 2018 Bonds.
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Outstanding Senior Lien Bonds means the Series 2009 Bonds and the Series 2016 Bonds.
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Related to Outstanding Senior Lien Bonds

  • Outstanding Parity Bonds means the Outstanding Series 2010B Bonds, Series 2011A Bonds, Series 2012A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, and Series 2019A Bonds.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Outstanding Indebtedness means the aggregate of the Loan and interest accrued and accruing thereon, the Master Swap Agreement Liabilities, the Expenses and all other sums of money from time to time owing by the Borrowers to the Mortgagee and/or any of the Secured Creditors, whether actually or contingently, present or future, under or pursuant to the Loan Agreement, the Master Swap Agreement, the Security Documents or any of them;

  • Outstanding Securities means, with respect to any Security and as of the date of determination, all Securities evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Outstanding Debt means all the amounts, as adjusted from time to time, outstanding to the members of the CoC who will give their consent for approval of the Resolution Plan of the Successful Resolution Applicant, and as such amount is mentioned in the Information Memorandum.

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).

  • 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.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • Refinancing Series means all Refinancing Term Loans or Refinancing Term Commitments that are established pursuant to the same Refinancing Amendment (or any subsequent Refinancing Amendment to the extent such Refinancing Amendment expressly provides that the Refinancing Term Loans or Refinancing Term Commitments provided for therein are intended to be a part of any previously established Refinancing Series) and that provide for the same Effective Yield and amortization schedule.

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

  • Junior Lien Debt means Indebtedness incurred by a Covenant Entity that is secured by a Lien that is junior to the Lien on the Collateral securing the Obligations.

  • Underlying Securities Indenture As set forth in Schedule I.

  • Series of Junior Lien Debt means, severally, each issue or series of Junior Lien Debt for which a single transfer register is maintained.

  • Refinancing Equipment Notes and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Junior Lien Indebtedness means any Indebtedness of any Credit Party that is secured by Liens on Collateral that rank junior in priority to the Liens that secure the Obligations.

  • First Lien Notes means the 8.000% first lien secured notes due April 1, 2027, issued by Frontier pursuant to the First Lien Notes Indenture.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B-1 Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B-1 Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.

  • Subordinated Optimal Principal Amount With respect to each Mortgage Pool and each Distribution Date, an amount equal to the sum of the following (but in no event greater than the aggregate Class Certificate Balances of the Subordinated Certificates immediately prior to such Distribution Date):

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Bonds Outstanding means all Bonds which have been authenticated and delivered by the Trustee under this Indenture, except: