Third Tier Bonds definition

Third Tier Bonds means Bonds payable from and secured by the Third Tier Debt Service Account.
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Third Tier Bonds means the First Series of Third Tier Bonds and any Additional Third Tier Bonds.
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Third Tier Bonds has the meaning provided in the Indenture.
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Examples of Third Tier Bonds in a sentence

  • Funds held in the Class A Third Tier Bond Interest Sub-Account and the Class A Third Tier Redemption Sub-Account are held exclusively for the payment of Third Tier Bonds that are designated as Class A Bonds.

  • The First Series of Third Tier Bonds shall be payable solely from the Arena Net Revenues, the Gas Tax Revenues and amounts available in the Third Tier Reserve Fund, as provided in this Master Gas Tax Revenue Bond Ordinance and the Master Arena Bond Ordinance.

  • The terms "Bond" and "Bonds" includes First Tier Bonds, Second Tier Bonds, Third Tier Bonds and Subordinate Bonds and may, if provided in a Series Trust Indenture, include Credit Provider Bonds.

  • There may be created pursuant to a Supplemental Agreement sub- accounts within the Third Tier Bond Interest Account, the Third Tier Reserve Account and the Third Tier Redemption Account necessary or convenient to the payment of principal of or interest on a series of Third Tier Bonds and the creation and method of funding a reserve fund for a series of Third Tier Bonds.

  • The Series A Notes and the Bank Notes are issued from time to time as Additional Third Tier Bonds permitted by Section 210 of the A&R Trust Agreement, are Short-Term Indebtedness, and shall constitute Class A Third Tier Bonds for all purposes.

  • The City covenants with the Owners of the First Series of Third Tier Bonds not to take any action which would cause interest on the First Series of Third Tier Bonds to become includable in gross income under the Code.

  • The principal of and interest on the Series A Notes and the Bank Notes shall be payable out of the Third Tier Sinking Fund on a parity and pro rata basis with all other Class A Third Tier Bonds.

  • Proceeds of the First Series of Third Tier Bonds shall be used to pay that portion of the interim financing for the Arena Public Facilities which is eligible for payment from Gas Tax Revenues under Article IX, Section 3(A) of the Oregon Constitution, and to pay costs of issuing the First Series of Third Tier Bonds.

  • However, Third Tier Bonds and Gas Tax Bonds shall not be treated as part of the same Series.

  • The Debt Manager may, on behalf of the City, enter into additional covenants to protect the tax-exempt status of the First Series of Third Tier Bonds.

Related to Third Tier 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.

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

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Equipment Notes means, at any time, the Series A Equipment Notes, the Series B Equipment Notes and the Series C Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Existing Bonds means the following obligations of Seller:

  • Series A Equipment Notes means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Defaulted Mortgage Loan Purchase Price means the sum, without duplication, of (a) the aggregate Principal Balance of the Senior Notes, (b) accrued and unpaid interest thereon at the Note A Rate, from the date as to which interest was last paid in full by Mortgage Loan Borrower up to and including the end of the interest accrual period relating to the Monthly Payment Date next following the date of purchase, (c) any other amounts due under the Mortgage Loan, other than Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, provided that if the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party is the purchaser, the Defaulted Mortgage Loan Purchase Price shall include Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, (d) without duplication of amounts under clause (c), any unreimbursed property protection or servicing Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, servicing Advances payable or reimbursable to any Servicer, and earned and unpaid special servicing fees), (e) without duplication of amounts under clause (c), any accrued and unpaid Advance Interest Amount, (f) (x) if the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party is the purchaser or (y) if the Mortgage Loan is purchased after ninety (90) days after such option first becomes exercisable pursuant to Section 12 of this Agreement, any liquidation or workout fees payable under the Securitization Servicing Agreement with respect to the Mortgage Loan and (g) any Recovered Costs not reimbursed previously to a Senior Note pursuant to this Agreement. Notwithstanding the foregoing, if the Note B Holder is purchasing from the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party, the Defaulted Mortgage Loan Purchase Price shall not include the amounts described under clauses (d) through (f) of this definition. If the Mortgage Loan is converted into a REO Property, for purposes of determining the Defaulted Mortgage Loan Purchase Price, interest will be deemed to continue to accrue on each Senior Note at the Note A Rate as if the Mortgage Loan were not so converted. In no event shall the Defaulted Mortgage Loan Purchase Price include amounts due or payable to the Note B Holder under this Agreement.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Anticipation Notes means the following Municipal Bonds: revenue anticipation notes, tax anticipation notes, tax and revenue anticipation notes, grant anticipation notes and bond anticipation notes.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.