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 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.

Examples of Series 2019 Note in a sentence

  • The Series 2019 Note is payable through 2052; the amortization schedule for interest and administrative fees of the Series 2019 Note has not yet been determined.

  • The Series 2019 Note was secured on a parity with the existing bonds with the priority of the liens shared in the collateral on a proportionate, co-equal basis.

  • The Issuer designates the Series 2019 Note as a “qualified tax-exempt obligation” within the meaning of Section 265(b)(3) of the Code.

  • The Series 2019 Note shall be subject to prepayment as described in the Series 2019 Note.

  • The Issuer and any issuer of “tax-exempt” debt that issues “on behalf of” the Issuer do not reasonably expect during the calendar year 2019 to issue more than $10,000,000 of “tax-exempt” obligations including the Series 2019 Note, exclusive of any private activity bonds as defined in Section 141(a) of the Code (except for qualified 501(c)(3) bonds as defined in Section 145 of the Code).

  • Principal on the Series 2019 Note shall commence on June 1, 2020, and shall be paid in the amounts and on the dates set forth in the Series 2019 Note and shall mature on the Maturity Date providing for approximately equal annual debt service payments.

  • The Terms and provisions relating to the redemption of the Series 2019 Note shall be as provided in the Series 2019 Note.

  • Such Series shall be designated as, and shall be distinguished from the Bonds of all other Series by the title "City of Satellite Beach, Florida, Half-Cent Sales Tax Revenue Note, Series 2019," provided the Issuer may change such designation in the event that the total authorized amount of the Series 2019 Note is not issued as a single series and/or is not issued in calendar year 2019.

  • Proceeds from the sale of the Series 2019 Note shall be deposited into the Series 2019 ConstructionAccount (hereinafter established) in the Construction Fund and used to finance the Series 2019 Project, and pay associated costs of issuance (including but not limited to legal and financial advisory fees and expenses.

  • The Series 2019 Note is initially registered to the Original Lender.


More Definitions of Series 2019 Note

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.
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 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.

Related to Series 2019 Note

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

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B 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 a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a 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 the 0.23000% Asset Backed Notes, Class A-1, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • Monthly Principal Amount means, for each Payment Date, starting with the Payment Date in the month following the month in which (a) the Controlled Accumulation Period starts, an amount equal to the lesser of (i) the Controlled Deposit Amount for that Payment Date, and (ii) the Adjusted Invested Amount on that Payment Date, or (b) the Early Amortization Period starts, the Adjusted Invested Amount on that Payment Date.

  • 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 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • 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 of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances.

  • 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 A Servicing Fee shall have the meaning specified in Section 3.01.

  • 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.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

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