Series 2019 Note definition

Series 2019 Note means the Closed End Line of Credit Promissory Note, Series 2020, dated May 31, 2019 from the Issuer to the Bond Issuer, and assigned to the trustee of the 2019 Bonds, issued to secure the Issuer’s obligations under the 2019 Bond Financing Agreement, and any other promissory note delivered in connection with additional bonds.
Series 2019 Note means the Issuer’s Half-Cent Sales Tax Revenue Note, Series 2019 authorized pursuant to Section 2.02 hereof, or such other name or names as shall be designated pursuant to the authorization in Section 2.02 hereof.
Series 2019 Note means the Series 2019 Note of the Borrower in the aggregate principal amount of One Million Six Hundred Fifty Thousand Dollars ($1,650,000) in substantially the form attached hereto as Exhibit A which will be issued and delivered by the Borrower to the Issuer to evidence the loan of the proceeds of the Series 2019 Bonds and any note issued in substitution or exchange therefor pursuant to the terms of this Loan Agreement.

Examples of Series 2019 Note in a sentence

  • The Trustee shall notify the Company in writing of the Series 2019 Notes that have been selected for redemption and, in the case of any Series 2019 Note selected for partial purchase or redemption, the principal amount thereof to be purchased or redeemed.

  • Upon surrender of a Series 2019 Note that is redeemed in part, the Company shall issue and, upon the Company’s written request, the Trustee shall authenticate for the Holder at the expense of the Company, a new Series 2019 Note equal in principal amount to the unredeemed portion of the Series 2019 Notes surrendered; provided, however, that so long as the Series 2019 Notes are issued in the form of Global Securities as provided in Section 2.10.

  • The Issuer, by its acceptance and assignment of the Series 2019 Note and of its right, title and interest in and to the Financing Agreement (other than Unassigned Rights), authorizes the Trustee to execute and deliver the Joinder to the Collateral Trust Agreement.

  • As security in part for the payment of the Series 2019 Bonds, the Issuer will assign to the Trustee the Issuer’s rights under this Financing Agreement (except the Unassigned Issuer’s Rights) and under the Series 2019 Note, and the Issuer hereby directs the Company to make or cause the payments required hereunder to be made (except such payments for expenses and indemnification included in the Unassigned Issuer’s Rights) directly to the Trustee.

  • The rate of interest on each Series 2019 Note shall be 3.400% per annum, accruing from September 20, 2019 or from the most recent Interest Payment Date (as defined below) to which interest on such Series 2019 Note has been paid or duly provided for.

  • The interest so payable on a Series 2019 Note which is not punctually paid or duly provided for on any Interest Payment Date shall forthwith cease to be payable to the Person in whose name such Series 2019 Note is registered on the relevant Regular Record Date, and such defaulted interest shall instead be payable to the Person in whose name such Series 2019 Note is registered on the Special Record Date or other specified date determined in accordance with the Indenture.

  • Interest shall be payable in arrears on each Series 2019 Note semi-annually on January 15 and July 15 of each year (each an “Interest Payment Date”), commencing on July 15, 2020.

  • The Company acknowledges that it has no ownership interest in the moneys held in the funds and accounts maintained by the Trustee, and specifically, with respect to the Construction Fund, the Company acknowledges and agrees that advances under the Series 2019 Note will be funded from deposits held by the Trustee in the applicable subaccounts only upon delivery of a written requisition satisfying the terms and conditions of the Indenture.

  • The interest so payable on any Series 2019 Note which is punctually paid or duly provided for on any Interest Payment Date shall be paid to the Person in whose name such Series 2019 Note is registered at the close of business on the January 1 or July 1, as the case may be, preceding such January 15 or July 15, whether or not a Business Day (each a “Regular Record Date”).

  • The Issuer, by its acceptance of the Series 2019 Note, acknowledges the existence and applicability of the Security Documents (including, without limitation, the provisions providing for foreclosure and release of Collateral) as the same may be in effect or may be amended from time to time in accordance with their terms.


More Definitions of Series 2019 Note

Series 2019 Note means the Sumter County, Florida Fuel Tax Revenue Note, Series 2019 authorized and issued pursuant to Section 2.02 of this Resolution.
Series 2019 Note means the Series 2019 Closed End Line of Credit Promissory Note, dated the Closing Date, from the Company to the Bond Issuer, and assigned to the Trustee, issued to secure the Company’s obligations under the Bond Financing Agreement, and any other promissory note delivered in connection with Additional Bonds.
Series 2019 Note means the City of Cocoa Beach, Florida Special Obligation Revenue Note, Series 2019, authorized to be issued by the Resolution and more particularly described in Article III hereof.

Related to Series 2019 Note

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

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

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D 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.

  • Class A Note means any Class A-1 Note, Class A-2 Note, Class A-3 Note or Class A-4 Note.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • B Note means, with respect to any A/B Mortgage Loan, the related subordinated Mortgage Note not included in the Trust, which is subordinated in right of payment to the related A Note to the extent set forth in the related Intercreditor Agreement.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • 2024 Notes means the 7.625% unsecured notes due April 15, 2024, issued pursuant to the 2009 Notes Indenture.

  • REMIC Certificate Maturity Date The "latest possible maturity date" of the Regular Certificates as that term is defined in Section 2.07.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.