Participating Bonds definition

Participating Bonds means the Bonds of each Series which, pursuant to the terms of the Supplemental Indenture relating to such Series, are secured by amounts in the Bond Reserve Fund.
Participating Bonds means Bonds of each Series which, pursuant to the terms of this Trust Agreement and the Supplemental Trust Agreement relating to such Series, are secured by amounts in the Debt Service Reserve Fund with the Series 201_ Bonds.
Participating Bonds means (a) the 2019 Bonds and (b) any other Bonds which, pursuant to the terms of a Supplemental Indenture, are secured by amounts in the Reserve Account.

Examples of Participating Bonds in a sentence

  • No Participating Bonds that have identical rights in security or priority have been placed into separate Pools, and no Participating Bonds other than those benefiting from a guarantee by the Commonwealth are entitled to a separate Pool under PROMESA.

  • On the Closing Date, all Participating Bond Claims, including all Participating Bonds will be extinguished and cancelled and holders thereof will immediately and forever cease to have any rights, interests or claims against GDB, the Recovery Authority or any of their assets or any successors or assigns thereof in respect of such Participating Bonds.

  • The pooling of GDB’s Participating Bonds set forth in Exhibits C and D to the Solicitation Statement complies with the pooling requirements under PROMESA.

  • Section 601(m)(1)(C) of PROMESA is not applicable because there are no Participating Bond Claims in respect of Participating Bonds secured by a lien on property.

  • As evidenced by the Voting Certification and the 601(m) Certification (a) Eligible Voters holding over 50% of the Outstanding Principal amount of Outstanding Participating Bonds in each Pool voted to approve the Qualifying Modification; and (b) Eligible Voters holding over 66 2/3% of the Outstanding Principal amount of Outstanding Participating Bonds in each Pool that voted in the Solicitation voted to approve the Qualifying Modification.

  • LuxCo will use the proceeds of the issue of the Profit Participating Bonds to invest in floating rate, secured loans or high-yield bonds issued by European or US borrowers predominantly rated below investment grade or deemed by the Investment Manager to be of a corresponding credit quality.

  • The Board has given due consideration to the submissions made by the parties.

  • Under no circumstances shall the Outstanding 2009A Bonds, the Outstanding 2009B Bonds or the Outstanding 2010A Bonds be released from the Reserve Fund Participating Bonds.

  • Holders of record of Participating Bonds that were Outstanding were determined as of July 31, 2018 (the “Voting Record Date”)— the date specified in the Solicitation Package for such purpose (such holders, “Eligible Voters”).

  • On the Closing Date, or as soon thereafter as reasonably practicable, the Recovery Authority will issue, to each holder of Participating Bonds, without the need for any further corporate or governmental action, New Bonds having a face amount equal to 55% of such holder’s Participating Bond Claim.

Related to Participating Bonds

  • Existing Bonds means the following obligations of Seller:

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • Transition bonds means bonds, notes, certificates of

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

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

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

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

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • School Bonds means School Obligations issued as Bonds.

  • Stocks and bonds means stocks, bonds, mutual funds, and all other types of securities and financial instruments, whether held directly, indirectly, or in any other manner. The term does not include commodity futures contracts and call or put options on stocks or stock indexes.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • 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.

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Refunding Bond or “Refunding Bonds” means all or a portion of the

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.