Parity Certificates definition

Parity Certificates means subsequent Series Certificates issued under the Second Indenture ranking on the basis of parity as to security and source of payment with the Series 2024 Certificates issued thereunder and secured by the Insurance Reserve Fund and includes Series 2015 Certificates, Second Series 2015 Certificates, Series 2016 Certificates, Series 2017 Certificates, Series 2018 Certificates, Series 2019 Certificates, Series 2020 Certificates, Series 2021 Certificates, Series 2022 Certificates, and Series 2023 Certificates.
Sample 1
Parity Certificates means subsequent Series Certificates issued under the Second Indenture ranking on the basis of parity as to security and source of payment with the Series 2018 Certificates issued thereunder and secured by the Insurance Reserve Fund and includes, the Series 2009 Certificates, the Second Series 2009 Certificates, Third Series 2009 Certificates, Series 2010 Certificates, Series 2011 Certificates, Second Series 2011 Certificates, Series 2012 Certificates,
Sample 1
Parity Certificates means any additional Certificates authorized to be issued under Section 2.08 and ranking pari passu with the Series 2014B Certificates.
Sample 1

Examples of Parity Certificates in a sentence

  • The Issuer shall deposit in the Sinking Fund at least one (1) day in advance of the date on which each payment of principal and/or interest on the Certificates and the Outstanding Parity Certificates fall due, funds fully sufficient to promptly pay principal of and/or interest so falling due on such date.

  • As long as any of the Certificates and the Outstanding Parity Certificates are outstanding and unpaid in principal or interest, the Issuer shall prepare and adopt a budget prior to the beginning of each Fiscal Year and shall furnish a copy of such budget within ninety (90) days after its adoption to the Purchaser.

  • It is certified that the Issuer, in issuing this Certificate and the issue of which it forms a part, has complied with all the terms and conditions set forth in the resolution authorizing the issuance of the Outstanding Parity Certificates.

  • The lien created herein on up to four (4) xxxxx of the seven (7) mill limitation currently prescribed in the Hospital Authorities Law shall be exclusively pledged to this contract notwithstanding any contractual lien which is now or hereafter may be entered into by Columbus with any provider of indigent health care, except that said lien on four (4) xxxxx may be extended, with the consent of Columbus, to cover any Parity Certificates which may be issued hereafter pursuant to the 2023 Resolution.

  • The County has made no commitment to the Authority relating to the issuance of Parity Certificates and shall be under no compulsion to amend this Contract or execute a new contract to permit such issuance.

  • As long as any of the Bonds and the Outstanding Parity Certificates are outstanding and unpaid in principal or interest, the Issuer shall prepare and adopt a budget prior to the begin¬ning of each Fiscal Year and shall furnish a copy of such budget within thirty (30) days after its adoption to the Purchaser.

  • The Series 2014A Certificates are issued as a series of Parity Certificates pursuant to Section 2.08 of the Original Indenture and for the purpose of refunding the Prior 2009A Certificates.

  • As long as any of the Certificates and the Outstanding Parity Certificates are outstanding and unpaid in principal or interest, the Issuer shall prepare and adopt a budget prior to the beginning of each Fiscal Year and shall furnish a copy of such budget within thirty (30) days after its adoption to the Purchaser.

  • This Certificate and the issue of which it forms a part are issued on a complete parity with the Issuers outstanding (i) Limited Tax Certificates, Series 2013, dated July 2, 2013 and (ii) Limited Tax Certificates, Series 2015, dated May 15, 2015 (collectively, the "Outstanding Parity Certificates").

  • The lien created herein is superior to any which hereafter can be created, except that said lien may be extended, with the consent of the County, to cover any Parity Certificates which may be issued hereafter pursuant to the Resolution.


More Definitions of Parity Certificates

Parity Certificates means the Series 2011-A Certificates and the Series 2019-A Certificates.
Sample 1
Parity Certificates means any revenue anticipation certificates of the Authority which may be issued hereafter on a parity with the Series 2018 Certificates and Series 2023 Certificates in accordance with the terms of this Resolution.
Sample 1

Related to Parity Certificates

  • Preferred Security Certificate means a certificate representing a Preferred Security substantially in the form of Exhibit A-1.

  • Capital Security Certificate means a definitive Certificate in fully registered form representing a Capital Security substantially in the form of Exhibit A-1.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Common Security Certificate means a definitive certificate in fully registered form representing a Common Security substantially in the form of Exhibit A-2.

  • Security Certificate Has the meaning given such term in Section 8-102(a)(16) of the New York UCC.

  • Delay Certificates As specified in the Preliminary Statement.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • New Certificates has the meaning set forth in Section 2.05(a).

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Majority Certificateholders The Holders of Certificates evidencing at least 51% of the Voting Rights.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Availability Certificate means a certificate substantially in the form of Annex 3 hereto, appropriately completed and duly signed by your Authorized Officer.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class G Certificate Any one of the Certificates with a “Class G” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class AA Certificates means Pass Through Certificates issued by the Class AA Pass Through Trust.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • -ENTRY CERTIFICATES Any of the Certificates that shall be registered in the name of the Depository or its nominee, the ownership of which is reflected on the books of the Depository or on the books of a person maintaining an account with the Depository (directly, as a "Depository Participant", or indirectly, as an indirect participant in accordance with the rules of the Depository and as described in Section 7.06). As of the Closing Date, each Class of Regular Certificates constitutes a Class of Book-Entry Certificates.

  • Subordinate Certificates As specified in the Preliminary Statement.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.