Prior Issue definition

Prior Issue means an issue of obligations all or a portion of the Debt Service on which is paid or provided for with Proceeds of a Refunding Issue. The Prior Issue may be a Refunding Issue.
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Prior Issue means an issue of Obligations all or a portion of the principal, interest, or call premium on which is paid or provided for with proceeds of a Refunding Issue.
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Prior Issue means the Refunded Bonds.
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Examples of Prior Issue in a sentence

  • The weighted average maturity (defined below) of the Issue is years and (a) the remaining weighted average maturity of the Outstanding Prior Issue is of a year, (b) the remaining weighted average maturity of the Advance Refunded Bonds is years and (c) the remaining weighted average maturity of the Current Refunded Bonds is years.

  • The Rebate Amount will be calculated on the Transferred Proceeds on the basis of the Yield of the Prior Issue up to each transfer date and on the basis of the Yield of the Refunding Issue after each transfer date.

  • If the Prior Issue satisfies one of the rebate Spending Exceptions, the Proceeds of the Prior Issue that are excepted from rebate under that exception are not subject to rebate either as Proceeds of the Prior Issue or as Transferred Proceeds of the Refunding Issue.

  • However, if the Prior Issue does not satisfy any of the Spending Exceptions and is not otherwise exempt from rebate, the Transferred Proceeds from the Prior Issue will be subject to rebate, even if the Refunding Issue satisfies the 6-Month Spending Exception.

  • In applying the Spending Exceptions to a Refunding Issue, unspent Proceeds of the Prior Issue that become Transferred Proceeds of the Refunding Issue are ignored.

  • The Village has duly authorized and sold and is delivering this day its $8,225,000 General Obligation Refunding Bonds, Series 2012B, dated July 2, 2012 (the "Refunding Obligations") for the purpose of providing funds sufficient to refund the 2014 through 2022 maturities of the Prior Issue (hereinafter the portion of the Prior Issue being refunded shall be referred to herein as the "Refunded Obligations") (the "Refunding").

  • The Village has duly issued General Obligation Refunding Bonds, Series 2003B, dated May 15, 2003 (the "Prior Issue").

  • For purposes of this covenant, the Successor Agency will treat any transaction constituting a loan of Gross Proceeds of the Prior Issue as resulting in a loan of Gross Proceeds of the 2013A Bonds.

  • All of the proceeds of the Prior Issue including any transferred proceeds thereof and bonds refunded, directly or indirectly, thereby have been expended for the governmental purposes thereof.

  • The Successor Agency represents and covenants that the Prior Issue or the 2013A Bonds is or will not become a “hedge bond” within the meaning of section 149(g) of the Code.


More Definitions of Prior Issue

Prior Issue refers to the Refunded Bonds.
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Prior Issue means the Prior Bonds.
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Prior Issue means the XxXxxxxxx County School District Finance Corporation School Building Revenue Bonds, Taxable Series of 2010, dated December 30, 2010 (“Build America Bonds – Direct Pay to Issuer”), currently outstanding in the principal amount of $54,060,000.
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Prior Issue means the Xxxxxx Xxxx Redevelopment Agency Variable Rate Tax Allocation Bonds (Ojo de Agua Redevelopment Project Area) Series 2008A.
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Prior Issue refers to, collectively, the 2003-A Bonds and the 2004 Bonds.
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Related to Prior Issue

  • Request for Issuance means a request made pursuant to Section 2.04 in the form of Exhibit B.

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for shares of Common Stock.

  • Convertible Debt means Indebtedness of the Borrowers (which may be guaranteed by the Guarantors) permitted to be incurred under the terms of this Agreement that is (i) either (a) convertible into common stock of the Company (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common stock) or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative transactions) that are exercisable for common stock of the Company and/or cash (in an amount determined by reference to the price of such common stock) and (ii) subordinated to the Obligations on terms customary at the time for convertible subordinated debt securities.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Company Options means options to purchase shares of Company Common Stock.

  • Existing Warrants means the presently outstanding Common Stock Purchase Warrants (1971 Warrants and Series B Warrants) previously issued by the Borrower.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by the Borrower or its Subsidiary, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Revolving Credit Advances and all other amounts due under this Agreement.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Warrants means this Warrant and other Common Stock purchase warrants issued by the Company pursuant to the Registration Statement.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.