Issue of Bonds. Issue of bonds by the Subconcessionaire shall obtain the permission of the government.
Issue of Bonds. The Company will issue registered (Series D) Bonds, unlimited in amount, payable in 8 equal semi-annual installments, on April 1 and February 20 of each of the years 2013 to 2020, inclusive (the first installment to be effected on April 1, 2013 and the last installment to be effected on April 1, 2020), bearing interest at a rate of 5% per annum, payable in semi-annual installments on October 1 and April 1 of each of the years 2007 to 2020 (the first installment to be effected on October 1, 2007 and the last installment to be effected on April 1, 2020), linked (principal and interest) to the Consumer Price Index, all pursuant to the terms set forth in the Bond attached as Appendix A hereto. The Bonds are offered within a transaction that does not constitute a public offering in the United States, within the meaning thereof in the 1933 US Securities Law, as may be amended from time to time (hereinafter: the "US LAW"). The Bonds will not be submitted for registration with the US Securities Authority or any other securities authority of any state in the United States. The Bonds may not be offered or sold under US Law by any holder other than in accordance with exemption from the registration requirements in the United States, or within a transaction which is not subject to the registration requirements, under the US Law, or any securities law applicable in the pertinent state in the United States. Increase in the series - The Company may issue, at any time and from time to time, without the approval of either the Bondowners or the Trustee, including to the Company's subsidiary, pursuant to the provisions of any law, additional Bonds with identical terms to those of the (Series D) Bonds, at such a price and in such a manner as the Company finds fit. Provided that this Deed will apply to all such additional Bonds to be issued by the Company and that they shall be deemed as the (Series D) Bonds first issued. Notwithstanding anything to the contrary anywhere in this Deed, an additional issue of (Series D) Bonds exceeding the scope rated by a Rating Company within the framework of this Series (as of the date of this Deed, the sum totals NIS 620 million), shall be effected subject to another rating by a Rating Company and subject further that such additional issue of Bonds of the same Series shall not adversely affect the rating of the Bonds first issued under this Deed, as then in effect. The Company shall obtain the Stock Exchange's approval for such an increase a...
Issue of Bonds. A series of first mortgage bonds, which shall be designated the “4.25% First Mortgage Bonds due 2046” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Third Supplemental Indenture (including the form of Bonds set forth in Exhibit A).
Issue of Bonds. A series of first mortgage bonds, which shall be designated the “3.65% First Mortgage Bonds due 2029” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Eighth Supplemental Indenture (including the form of 2029 Bonds set forth in Exhibit A). A series of first mortgage bonds, which shall be designated the “4.25% First Mortgage Bonds due 2049” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Eighth Supplemental Indenture (including the form of 2049 Bonds set forth in Exhibit B).
Issue of Bonds. Section 1. Except for Bonds of ____ Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of ____ Series which may be authenticated and delivered hereunder is limited to $___,000,000 aggregate principal amount.
Issue of Bonds. 5.4.1 If the conditions set out in this Agreement have been met the relevant Issuing Bank shall issue the relevant Bond on the Utilisation Date.
Issue of Bonds. 19 PART IV.
Issue of Bonds. The Company has authorized the issue of Ten Million Dollars ($10,000,000) in aggregate principal amount of its First Mortgage Bonds, Series E 6.295%, due October 20, 2026 (herein called the “Bonds”). The Bonds will be issued under and pursuant to the Fifth Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Fifth Supplemental Indenture”), dated as of October 20, 2006, between the Company and U.S. Bank National Association, as trustee (the “Trustee”). The Fifth Supplemental Indenture modifies and amends that certain Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Original Indenture”) between the Company and Security Pacific National Bank, a national banking association, predecessor to Bank of America NT & SA, predecessor to U.S. Bank Trust National Association (originally named First Trust of California, National Association), predecessor to the Trustee. The Original Indenture was amended by (i) the First Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “First Supplemental Indenture”), dated as of February 7, 1990, (ii) the Second Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Second Supplemental Indenture”), dated as of January 24, 1992, (iii) the Third Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Third Supplemental Indenture”), dated as of October 9, 1996, (iv) the Fourth Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Fourth Supplemental Indenture”), dated as of October 19, 2004, and (v) the Fifth Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the “Fifth Supplemental Indenture”), dated as of October 20, 2006 (the Original Indenture as so amended and as may be further amended from time to time, being the “Indenture”). Certain capitalized terms used in this Agreement are defined in Section 5.1 of this Agreement; references to a “Schedule,” “Annex” or “Exhibit” are, unless otherwise specified, to a Schedule, Annex or Exhibit attached to this Agreement. Each Bond:
Issue of Bonds. Whenever Bonds are issued and are subsequently returned to the Grantor for cancellation, the Grantor, subject to the provisions hereof, may be entitled to reissue such Bonds in denominations which, in the aggregate, do not exceed the denominations of the Bonds that were returned for cancellation; the Bonds to be reissued as aforesaid shall be delivered for registration and certification and the Attorney shall, provided it is so requested by a Bondholder’s Instrument, register and certify such Bonds.
Issue of Bonds. 2.1 The Parties agree that the Concessionaire may, in accordance with the provisions of this Agreement, issue Bonds for the amounts subscribed by the Debt Fund; provided that the total value of such Bonds shall not exceed 85% (eighty five per cent) of the Debt Due (as specified in Schedule II) forming part of the Total Project Cost; [provided further that the Concessionaire may, with prior written approval of the Authority, which approval the Authority may in its sole discretion deny, issue additional Bonds for a total value not exceeding 15% (fifteen per cent) of the said Debt Due]$.
