Recovery Obligations definition

Recovery Obligations means bonds, notes or other obligations described in Chapter 297.
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Examples of Recovery Obligations in a sentence

  • The Fixed Rate Bonds will be issued on a parity with the Authority’s Recovery Obligations and other Subordinate Bonds issued on a parity with Recovery Obligations (together, “Parity Debt”).

  • The Series 2013 Bonds will be issued on a parity with the Authority’s Recovery Obligations and other Subordinate Bonds issued on a parity with Recovery Obligations (together, “Parity Debt”).

  • The specified characteristics of the current transformer are confirmed if no flashover or puncture occurs during three consecutive individual tests performed in accordance with the specified or agreed procedure.

  • In addition, Eldorado conducts quarterly reviews of the Asset Recovery Obligations of all its projects, including Kışladağ.

  • The Act also permits the Authority to have outstanding an additional $2.5 billion of its Recovery Obligations.

  • The Reoffered Bonds are Subordinate Bonds secured on a party with the Authority’s Recovery Obligations and other Parity Debt.

  • For information relating to anticipated issuance of Future Tax Secured Bonds, see “—Plan of Finance.”The Act also permits the Authority to have outstanding an additional $2.5 billion of its Recovery Obligations.

  • The Authority issued $2 billion of Recovery Obligations of which the Authority used $1.5 billion in proceeds to compensate the City for revenue losses that are Recovery Costs.

  • The money in each subaccount of the Recovery Account shall be held in trust and, except as otherwise provided, shall be applied solely to the payment of Recovery Obligations and Parity Debt payable therefrom.

  • The Series 2011 D Bonds will be issued on a parity with the Authority’s Recovery Obligations and other Subordinate Bonds issued on a parity with Recovery Obligations (together, “Parity Debt”).

Related to Recovery Obligations

  • Swap Obligations means with respect to any Guarantor any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.