Subordinated Resolution definition

Subordinated Resolution means the Electric System General Subordinated Revenue Bond Resolution adopted by the Authority on May 20, 1998, as amended and supplemented.
Sample 1Sample 2Sample 3
Subordinated Resolution means the Tennessee Valley Authority Subordinated Debt resolution adopted March 29, 1995, as amended and supplemented.
Sample 1Sample 2Sample 3
Subordinated Resolution means the Agency’s Subordinated Power Supply Revenue Bond Resolution adopted March 4, 2004, as amended and supplemented from time to time.
Sample 1Sample 2Sample 3

Examples of Subordinated Resolution in a sentence

  • There is no lien on the Trust Estate other than the liens created by or pursuant to the General Resolution and the Subordinated Resolution.

  • The General Bond Resolution and General Subordinated Resolution contain certain covenants that require the Authority to undertake certain actions on an annual or periodic basis.

  • Neither the General Resolution nor the Subordinated Resolution permits the issuance of any debt secured by the Revenues to rank senior to the 2015 GR-2 Notes or the Reimbursement Obligations.

  • Neither the General Resolution nor the Subordinated Resolution permits the issuance of any debt secured by the Revenues to rank senior to the 2015 GR-3 Notes or the Reimbursement Obligations.

  • One such action involves the performance by the Authority’s Consulting Engineer and Rate Consultant (as such terms are defined in the General Bond Resolution and the General Subordinated Resolution) of an examination of, and preparation of a report on, the properties and operations of the System.

  • Neither the General Resolution nor the Subordinated Resolution permits the issuance of any debt secured by the Revenues to rank senior to the 2015 GR-5 Notes or the Reimbursement Obligations.

  • Neither the General Resolution nor the Subordinated Resolution permits the issuance of any debt secured by the Revenues to rank senior to the 2015 GR-1 Notes or the Reimbursement Obligations.

  • For 9Against 0 ResultsDistrictNameResultsMayorPeter MuttartForDistrict 1Meg HodgesForDistrict 2Pauline RavenForDistrict 3Brian HirtleForDistrict 4Martha ArmstrongForDistrict 5Paul SpicerFor District 6Bob BestForDistrict 7Emily LutzForDistrict 8Jim Winsor-District 9Peter AllenFor 12a.

  • And unlike the Interim Methods, EPA held no public stakeholder meetings to guide the development of this policy, providing only a cursory public meeting to take feedback from the public after the fact.

  • It shall not be necessary that the consents of Holders of Subordinated Bonds approve the particular form of wording of the proposed modification or amendment or of the proposed Supplemental Subordinated Resolution effecting such modification or amendment, but it shall be sufficient if such consents approve the substance of the proposed amendment or modification.

Related to Subordinated Resolution

  • Certified Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification.

  • 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.

  • Bond Resolution means the resolution to be adopted by the Governing Body prescribing the terms and details of the Bonds and making covenants with respect thereto.

  • Guarantor’s Board Resolution means a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of the Guarantor to have been duly adopted by the Guarantor's Board of Directors and to be in full force and effect on the date of such certification, delivered to the Trustee.

  • Authorizing Resolution means a resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to Board delegation authorizing a Series of Securities.

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Arrangement Resolution means the special resolution of the Company Shareholders approving this Plan of Arrangement to be considered at the Company Meeting.

  • unanimous resolution means, subject to subsection (3), a resolution-

  • Board Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee.

  • Board Resolutions means a copy delivered to the Trustee of a resolution of the Board of Directors certified by the Secretary or Assistant Secretary of the applicable corporation, to have been duly adopted and to be in full force and effect on the date of such certification.

  • Subordinated Indenture means the Subordinated Note Indenture, dated as of ________ __, 19__, between the Depositor and the Indenture Trustee, as supplemented by the Supplemental Indenture.

  • Supplemental Indenture is hereby deleted in its entirety.

  • Senior Subordinated Indenture means the Indenture dated as of October 15, 1997 between the Company and State Street Bank and Trust Company, as trustee, as from time to time amended, restated, supplemented or otherwise modified.

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Second Supplemental Indenture has the meaning provided in the Preamble.

  • Subordinated means, as applied to Indebtedness, Indebtedness that shall have been subordinated (by written terms or written agreement being, in either case, in form and substance satisfactory to Agent and the Required Lenders) in favor of the prior payment in full of the Obligations.

  • Indenture means this Indenture, as amended or supplemented from time to time.

  • First Supplemental Indenture has the meaning set forth in the preamble hereto.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Sixth Supplemental Indenture means the supplemental indenture dated as of July 1, 1960, hereinbefore referred to.

  • Senior Subordinated Note Indenture means the Indenture dated as of May 12, 2009, between the Company and U.S. Bank National Association, as trustee, in respect of the 2020 Senior Subordinated Notes and the 2023 Senior Subordinated Notes, as supplemented and amended from time to time.

  • Resolution shall have the meaning specified in Section 8(E).

  • Third Supplemental Indenture has the meaning set forth in the Recitals.

  • Fourth Supplemental Indenture means the supplemental indenture dated as of December 1, 1954, hereinbefore referred to.