Senior Bonds definition

Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.
Senior Bonds means all Bonds issued as Senior Bonds.
Senior Bonds means the Series A-1 Bonds and any additional bonds that are issued on a senior lien basis.

Examples of Senior Bonds in a sentence

  • Moneys in the Surplus Account may be used to make open market purchases of Senior Bonds at a price no greater than 100% of the principal amount thereof plus interest accrued to the date of settlement.

  • Any Senior Bonds so purchased shall be delivered to the Trustee for cancellation.


More Definitions of Senior Bonds

Senior Bonds means any voter-approved revenue bonds, revenue notes or other similar evidences of indebtedness of the City heretofore or hereafter issued pursuant to the City Charter for the acquisition, construction and financing or refinancing of extensions of, additions to, repairs and replacements to, renewals of, and improvements of the Electric System, payable out of Gross Revenues on a basis senior to the Qualified Obligations. At present, there are no Senior Bonds outstanding and no authorized but unissued Senior Bonds.
Senior Bonds means debt securities issued pursuant to an Indenture that is a Senior Debt Instrument.
Senior Bonds. (i) with respect to the 364-Day Tranche Loans, that certain First Mortgage Bond in the aggregate principal amount of $125,000,000 and (ii) with respect to the 2-Year Tranche Loans, that certain First Mortgage Bond in the aggregate principal amount of $400,000,000, in each case, issued to the Administrative Agent pursuant to the Supplemental Indenture.
Senior Bonds means, collectively, the Series 2017 Bonds and any Additional Senior Bonds.
Senior Bonds means any revenue bonds, revenue notes or other similar evidences of indebtedness heretofore or hereafter issued by the City for the acquisition, construction and financing or refinancing of extensions of, additions to, repairs and replacements to, renewals of, and improvements of the Electric System, payable out of Gross Revenues on a parity with the First 1986 Bonds.
Senior Bonds means the outstanding revenue bonds, revenue notes or other similar evidences of indebtedness hereafter issued for the acquisition, construction or financing of additions to, and improvements of the Water System, payable out of and secured by Net Revenues.
Senior Bonds means the senior bonds issued by the Issuer of up to SEK 350,000,000 (or its equivalent in NOK or USD), with holder of such bonds being defined as the "Senior Bondholders".