Refunding Issuance definition
Examples of Refunding Issuance in a sentence
The Issuer may issue Transition Bonds of a new Series as a Financing Issuance or a Refunding Issuance.
If the issuance of a Series of Transition Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of, and premium and interest on, the Transition Bonds being refunded to either the Redemption Date for Transition Bonds being refunded upon redemption, such money to be deposited into a separate account with the Bond Trustee.
The Issuer may issue Securitization Bonds of a new Series as a Financing Issuance or a Refunding Issuance.
If the issuance of a Series of Transition Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of and interest on the Transition Bonds being refunded to the Redemption Date for the Transition Bonds being refunded upon redemption, such money to be deposited into a separate account with the Trustee.
If the issuance of a Series of Environmental Control Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of, and premium and interest on, the Environmental Control Bonds being refunded, such money to be deposited into a separate account with the Indenture Trustee.
The Issuer may issue Environmental Control Bonds of a new Series from time to time as a Financing Issuance or a Refunding Issuance.
If the issuance of a Series of Securitization Bonds is a Refunding Issuance, the amount of money necessary to pay the outstanding principal balance of and interest on the Securitization Bonds being refunded to the Redemption Date for the Securitization Bonds being refunded upon redemption, such money to be deposited into a separate account with the Trustee.
The Issuer may issue Transition Bonds of a new Series from time to time as a Financing Issuance or a Refunding Issuance.
If the issuance of a Series is a Refunding Issuance, the amount of money necessary to pay premiums, if any, and the outstanding Principal balance of and interest on the Transition Bonds being refunded to the Redemption Date for the Transition Bonds being refunded upon redemption, such money to be deposited into a separate account with the Trustee.
The aggregate principal amount of Transition Bonds that may be authenticated and delivered under this Indenture shall not exceed $4 billion plus the amount of any Refunding Issuance.