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.
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Second Tier Bonds means the Series 2017B Bonds and all Additional Bonds issued on a parity with the Series 2017B Bonds.
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Second Tier Bonds means Bonds payable from and secured by the Second Tier Debt Service Account.
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Examples of Second Tier Bonds in a sentence

  • Amounts in a Second Tier Debt Service Reserve Account shall be pledged to Holders of Second Tier Bonds in accordance with subsection (i) above and as set forth in the applicable Series Trust Indenture for each Series of Second Tier Bonds.

  • Any amounts remaining in the Second Tier Debt Service Account and the Second Tier Debt Service Reserve Accounts after payment in full of the principal or Redemption Price, and interest on the Second Tier Bonds (or provision for payment thereof) shall be transferred to the Authority System Revenue Fund.

  • The School District shall require the other School District Consultants to perform their services in full cooperation with the Program Manager.

  • The Trustee shall, so long as the bonds remain Outstanding, without requisition from the Authority or other or further authority than is contained herein, pay from any moneys on hand in the respective Sinking Fund created by Section 507 of this Agreement the premium, if any, principal of, and the interest on the First Tier Bonds, the Second Tier Bonds or the Third Tier Bonds, as applicable, when due.

  • Bonds issued under the Toll Revenue Master Bond Resolution have a right, pledge and preference to payment from Toll Revenue in the following order of priority: (1) First Tier Bonds, (2) Second Tier Bonds, (3) Third Tier Bonds, and (4) Fourth Tier Bonds.

  • 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.

  • Baker, C.J. (1991) The Civilised City: A Project Definition Study, Nottingham: Nottingham University Dept.

  • Bonds issued under the Series 2012C Bond Resolution have a right, pledge and preference to payment from Toll Revenue in the following order of priority: (1) First Tier Bonds, (2) Second Tier Bonds, (3) Third Tier Bonds, and (4) Fourth Tier Bonds.

  • Bonds issued under this General Trust Indenture shall have a right, pledge and preference to payment from Pledged Receipts in the following order of priority: (1) First Tier Bonds; (2) Second Tier Bonds; and (3) Third Tier Bonds.

  • JONATHAN KIRSHNER, APPEASING BANKERS: FINANCIAL CAUTION ON THE ROAD TO WAR 144 (2007).


More Definitions of Second Tier Bonds

Second Tier Bonds has the meaning provided in the Indenture.
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Related to Second Tier Bonds

  • Equipment Notes means and includes any equipment notes issued under any Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of such Indenture) and any Equipment Note issued under any Indenture in exchange for or replacement of any other Equipment Note.

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

  • Existing Bonds means the following obligations of Seller:

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • 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.

  • Company Notes means the 5.500% Senior Notes of the Company due 2027 issued under the Indenture.

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