Series Resolution definition

Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.
Series Resolution means a resolution or resolutions adopted by the Board authorizing the issuance of one or more Series of Prior Bonds, Parity Bonds or Junior Obligations in accordance with Section 16(b) (Issuance of Future Bonds).
Series Resolution means a resolution of the Issuer authorizing the issuance of a Series of Bonds in accordance with the terms and provisions hereof, adopted by the Issuer in accordance with the Master Indenture.

Examples of Series Resolution in a sentence

  • Unless otherwise provided in a Preferred Stock Series Resolution with respect to a particular series of Preferred Stock, all shares of Preferred Stock redeemed or acquired (as a result of conversion or otherwise) shall be retired and restored to the status of authorized but unissued shares.

  • Subject to the provisions of any Preferred Stock Series Resolution, the Board of Directors may, in its discretion, out of funds legally available for the payment of dividends and at such times and in such manner as determined by the Board of Directors, declare and pay dividends on the Common Stock of the corporation.

  • This Series Resolution shall take effect immediately upon its adoption.

  • In this Series Resolution the following terms have the following respective meanings unless the context hereof clearly requires otherwise.

  • All terms capitalized but not otherwise defined in this Series Resolution shall have the meanings assigned to such terms in the Master Indenture.


More Definitions of Series Resolution

Series Resolution means the resolution of the Board providing for the issuance of any Additional Bonds and fixing the details thereof.
Series Resolution means a resolution of the Authority authorizing the issuance of a Series of Bonds adopted by the Authority pursuant to the Resolution;
Series Resolution means this Series Resolution, as amended or supplemented from time to time.
Series Resolution or “this Resolution” means this Resolution authorizing the issuance and sale of the Series 2014 Bonds in one or more Series, and including the applicable Certificate of Award for the Series.
Series Resolution means this Resolution of the Board.
Series Resolution means the resolution of the Authority pursuant to which the Authority authorizes, issues, sells and delivers the Adjustable Rate Bonds.
Series Resolution means a series resolution of the Authority adopted in connection with an issue of Bonds.