Senior Lien Bonds definition
Senior Lien Bonds means any indebtedness which is payable from the Tax Increment Revenues of the Area and which is outstanding on the date each Bond is issued.
Senior Lien Bonds means the Outstanding Bonds and any additional bonds issued pursuant to the Prior Ordinances that are of equal standing and priority of lien with the Outstanding Bonds.
Senior Lien Bonds means the Bonds and does not include the Junior Lien Bonds and Junior Lien Notes.
More Definitions of Senior Lien Bonds
Senior Lien Bonds means the Outstanding Senior Lien Bonds, which have a statutory first lien on the Net Revenues, and any additional bonds of equal standing with the Outstanding Senior Lien Bonds hereafter issued.
Senior Lien Bonds means any bonds hereafter issued that are of superior standing and priority of lien with respect to the Bonds and the Outstanding Junior Lien Bonds.
Senior Lien Bonds means the Series 2019 Bonds, while they remain outstanding, and any Additional Bonds.
Senior Lien Bonds means any Bonds so designated in the applicable Series Resolution authorizing such Senior Lien Bonds. With respect to the 2000 Bonds, “Senior Lien Bonds” means all 2000 Bonds.
Senior Lien Bonds means, collectively, the Outstanding Senior Lien Bonds and any Senior Lien Parity Bonds.
Senior Lien Bonds means bonds and other obligations that qualify as “Subordinate Lien Bonds” as that term is defined in Ordinance No. 323.
Senior Lien Bonds means any Bonds or series of Bonds so designated and payable from Net Revenues, which are secured by a statutory first lien on the Net Revenues established by the Prior Resolutions and which are senior and superior in all respects to any Junior Lien Bonds secured by the statutory second lien established by this resolution, including the outstanding portion of the Utility System Revenue Refunding Bonds, Series 2013A, the Utility System Revenue Refunding Bonds, Series 2017A, the Utility System Revenue Bonds, Series 2019A, the Utility System Revenue Refunding Bonds, Series 2019B, Utility System Revenue Bonds, Series 2021A, and the Utility System Revenue Bonds, Series 2021B, and any Additional Bonds of equal standing hereafter issued.