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

• The Trustee shall proceed under Section 1002 for the benefit of the Holders in accordance with the written directions of a Majority in Interest of the Outstanding Senior Bonds.

• This Indenture is not intended for the benefit of and shall not be construed to create rights in parties other than the City, the Authority, the Fiduciaries, the Holders of Notes and Senior Bonds, and the other Beneficiaries to the extent specified herein.

• Accrued interest received upon the sale of Notes (if so specified by Series Resolution) or Senior Bonds shall be deposited in the Bond Account.

• If the Trustee determines that a default has been cured before the entry of any final judgment or decree with respect to it, the Trustee may waive the default and its consequences, by written notice to the Authority, and shall do so upon written instruction of the Holders of at least 25% in principal amount of the Outstanding Senior Bonds.

• The Trustee may be removed by written notice from the Authority (if not in default) or a Majority in Interest of the Outstanding Senior Bonds to the Trustee and the Authority.

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 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 and on a basis senior to the Qualified Obligations.

Senior Bonds. (i) with respect to the 364-Day Tranche Loans, that certain First Mortgage Bond in the aggregate principal amount of $1,500,000,000 and (ii) with respect to the 18-Month Tranche Loans, those certain First Mortgage Bonds in the aggregate combined principal amount of $1,500,000,000, in each case, issued to the Administrative Agent pursuant to the Supplemental Indenture.

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, collectively, the Series 2014 Bonds and any Additional Senior Bonds.

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".