Second Tier Bonds definition

Second Tier Bonds means the Borrower’s $59,315,000 Convention Center Hotel Second Tier Revenue Refunding Bonds, Series 2017B, dated May 1, 2017.
Sample 1Sample 2Sample 3
Second Tier Bonds means Bonds payable from and secured by the Second Tier Debt Service Account.
Sample 1Sample 2
Second Tier Bonds means the Series 2017B Bonds and all Additional Bonds issued on a parity with the Series 2017B Bonds.
Sample 1Sample 2

Examples of Second Tier Bonds in a sentence

  • Policy limits shall be the lesser of the original principal amount of the First Tier Bonds plus the Second Tier Bonds or $100,000,000, but in no event less than $1,000,000 for damages arising out of any one occurrence, and automobile liability and property insurance in the minimum amount of $1,000,000 for damages arising out of any one occurrence.

  • The terms "Bond" and "Bonds" includes First Tier Bonds, Second Tier Bonds, Third Tier Bonds, TIFIA Bonds and Subordinate Bonds and may, if provided in a Series Trust Indenture, include Credit Provider Bonds.

  • Fidelity bonds or other crime insurance, including computer fraud, on all officers and employees of the Corporation and the Hotel who collect or have custody of or access to revenues, receipts or income of the Corporation or have custody or access to Corporation or Hotel property, shall be the lesser of the original principal amount of the First Tier Bonds plus the Second Tier Bonds, or $1,000,000 but in no event less than $500,000.

  • The Trustee has no obligation to consider whether remedies taken would have a material adverse effect on the possibility that Registered Owners of Second Tier Bonds will be paid amounts in respect of such Second Tier Bonds or to consider any effect that a remedy may have on the Registered Owners of Second Tier Bonds.

  • During any period that the Lockbox Fund is held in the name and to the credit of the Trustee, the Trustee shall use and withdraw from time to time amounts in said fund to make payments of Debt Service first on the First Tier Bonds and second on the Second Tier Bonds when due.

  • There may be created pursuant to a Supplemental Agreement sub-accounts within the Second Tier Reserve Account necessary or convenient to the creation and method of funding a reserve fund for a series of Second Tier Bonds.

  • Upon the occurrence of an Event of Default described in Section 20(a)(ix)(A), the TIFIA Loan shall be secured by a first priority security interest under the Indenture in the Trust Estate on parity with the Senior Obligations that are First Tier Bonds and superior to Second Tier Bonds, Third Tier Bonds and Subordinate Bonds (as each such term is defined in the Indenture).

  • The terms "Bond" and "Bonds" includes First Tier Bonds, Second Tier Bonds, Third Tier Bonds and Subordinate Bonds and may, if provided in a Series Trust Indenture, include Credit Provider Bonds.

  • For example, options of DELL would be designated with a security symbol of DELL instead of DLQ, DLY, DLZ, etc.


More Definitions of Second Tier Bonds

Second Tier Bonds has the meaning provided in the Indenture.
Sample 1

Related to Second Tier Bonds

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

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

  • 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.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Receivables Purchase Price means $1,491,002,573.66.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Equipment Notes means, at any time, the Series A Equipment Notes, the Series B Equipment Notes and the Series C Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

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

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

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Series A Equipment Notes means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

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

  • Defaulted Mortgage Loan Purchase Price means, in connection with the purchase of the A Notes by the Note B Holder, the sum, without duplication, of each of the following to the extent that such amounts have not been previously paid or reimbursed pursuant to Section 3 or Section 4 of this Agreement: (a) the Note A Principal Balance, (b) accrued and unpaid interest, on the Note A Principal Balance at the Note A Rate from the date as to which interest was last paid in full by Mortgage Loan Borrower up to and including the end of the interest accrual period relating to the Monthly Payment Date next following the date the purchase occurred, (c) any other amounts due under the Mortgage Loan to the Note A Holders, other than Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, provided that if a Borrower Party is the purchaser, the Defaulted Mortgage Loan Purchase Price shall include Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, (d) without duplication of amounts under clause (c), any unreimbursed Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, Property Protection Advances payable or reimbursable to any Servicer, and special servicing fees incurred by or on behalf of the Note A Holders), (e) without duplication of amounts under clause (c), any accrued and unpaid Advance Interest Amount with respect to an Advance made by or on behalf of the Note A Holders, (f) (x) if a Borrower Party is the purchaser, or (y) if the Mortgage Loan is purchased more than ninety (90) days after such option first becomes exercisable pursuant to Section 12 of this Agreement, any liquidation or workout fees payable under the Servicing Agreement with respect to the Mortgage Loan and (g) any Recovered Costs not reimbursed previously to the Note A Holders pursuant to this Agreement. Notwithstanding the foregoing, if the purchasing Noteholder is purchasing from a Borrower Party, the Defaulted Mortgage Loan Purchase Price shall not include the amounts described under clauses (d) through (f) of this definition. If the Mortgage Loan is converted into a Foreclosure Property, for purposes of determining the Defaulted Mortgage Loan Purchase Price, interest will be deemed to continue to accrue on Note A at the Note A Default Rate as if the Mortgage Loan were not so converted. In no event shall the Defaulted Mortgage Loan Purchase Price include amounts due or payable to the Purchasing Noteholder under this Agreement.

  • Existing Bonds means the following obligations of Seller:

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Company Notes means the 2.50% Convertible Senior Notes due 2022 issued by the Company pursuant to the Company Notes Indenture.

  • Notes shall have the meaning assigned to such term in the recitals.