Refunding Securities definition

Refunding Securities means Federal Securities and Prerefunded Obligations.
Refunding Securities means the investments set forth in paragraphs 1 and 9 of Permitted Investments.
Refunding Securities means United States Obligations and Prerefunded Obligations.

Examples of Refunding Securities in a sentence

  • In April 2016, Sierra Pacific issued $400 million of its 2.60% General and Refunding Securities, Series U, due May 2026.

  • The net proceeds were used, together with cash on hand, to pay at maturity the $450 million principal amount of 6.00% General and Refunding Securities, Series M, in May 2016.

  • To provide collateral security for its obligations, Sierra Pacific issued its General and Refunding Securities, Series V, Nos.

  • The net proceeds will be used, together with cash on hand, to pay at maturity the $450 million principal amount of 6.00% General and Refunding Securities, Series M, maturing in May 2016.

  • The $248 million in net proceeds was used, together with cash on hand, to pay at maturity the $250 million principal amount of its 5.45% Series Q General and Refunding Securities, which matured in September 2013.

  • Long-Term Debt In April 2016, Sierra Pacific issued $400 million of its 2.60% General and Refunding Securities, Series U, due May 2026.

  • Upon the advice of the Board's financial advisor, the Escrow Fund may be funded with cash or Refunding Securities.

  • To provide collateral security for its obligations, Sierra Pacific issued its General and Refunding Securities, Series V, No. V-1 in the amount of $80 million, No. V-2 in the amount of $214 million, and V-3 in the amount of $50 million (collectively the "Series V Notes").

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  • In August 2013, Sierra Pacific issued and sold $250 million of its 3.375% Series T General and Refunding Securities, due 2023.


More Definitions of Refunding Securities

Refunding Securities means Federal Securities and Municipal Obligations. "Registrar" means any registrar (which may include the Agency or the City) for
Refunding Securities means Federal Securities and, to the extent approved in writing by the Insurer, if any, Prerefunded Obligations.
Refunding Securities means the Federal Securities and other investments approved in writing by the Insurer.
Refunding Securities means the United States Obligations and the Prerefunded Obligations. “Registrar” shall mean any registrar for the Bonds appointed by or pursuant to this Resolution and
Refunding Securities means the common equity, debt or convertible debt securities to be issued and sold by the Borrower in accordance with the Fee Letter, the net proceeds of which would be used to repay the Loans and all related accrued and unpaid interest and fees and other Obligations and other amounts due in respect thereof or hereunder in full.

Related to Refunding Securities

  • Qualifying Securities means securities issued by the Issuer that:

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • 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.

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

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Redeemable Capital Interests in any Person means any equity security of such Person that by its terms (or by terms of any security into which it is convertible or for which it is exchangeable), or otherwise (including the passage of time or the happening of an event), is required to be redeemed, is redeemable at the option of the holder thereof in whole or in part (including by operation of a sinking fund), or is convertible or exchangeable for Debt of such Person at the option of the holder thereof, in whole or in part, at any time prior to the Stated Maturity of the Notes; provided that only the portion of such equity security that is required to be redeemed, is so convertible or exchangeable or is so redeemable at the option of the holder thereof before such date will be deemed to be Redeemable Capital Interests. Notwithstanding the preceding sentence, any equity security that would constitute Redeemable Capital Interests solely because the holders of the equity security have the right to require the Company to repurchase such equity security upon the occurrence of a change of control or an asset sale will not constitute Redeemable Capital Interests if the terms of such equity security provide that the Company may not repurchase or redeem any such equity security pursuant to such provisions unless such repurchase or redemption complies with Section 4.07 hereof. The amount of Redeemable Capital Interests deemed to be outstanding at any time for purposes of this Indenture will be the maximum amount that the Company and its Restricted Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Redeemable Capital Interests or portion thereof, exclusive of accrued dividends.

  • Redeemable Capital Stock means any Capital Stock of the Company or any of its Subsidiaries that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (a) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (b) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (c) is convertible into or exchangeable for debt securities at any time on or prior to such final stated maturity.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.