Medium Term Notes. Any promissory note of a domestic corporation that has a maturity of not more than 2 years from the date of purchase and that is rated not lower than A by S&P or Moody’s.
Medium Term Notes. In connection with the issuance of notes described in the Prospectus other than CoreNotes (the “Medium-Term Notes”), as amended and supplemented and included in the Registration Statement, nothing in this Agreement shall be construed to limit or restrict the ability of the Company to issue and sell Medium-Term Notes directly to any Agent or to any other underwriter pursuant to a distribution agreement other than this Agreement; provided, that the terms of such other distribution agreement shall be no more favorable to such underwriter than this Agreement. Any sale of Medium-Term Notes to an Agent shall be subject to the terms of this Agreement and a Terms Agreement, unless the Company and the relevant Agent(s) otherwise agree in writing.
Medium Term Notes. In connection with the issuance of notes described in the Prospectus other than IncomeNotes (the "MEDIUM-TERM NOTES"), as amended and supplemented and included in the Registration Statement, nothing in this Agreement shall be construed to limit or restrict the ability of the Company to issue and sell Medium-Term Notes directly to any Agent or to any other underwriter pursuant to a distribution agreement other than this Agreement; PROVIDED, that the terms of such other distribution agreement shall be no more favorable to such underwriter than this Agreement. Any sale of Medium-Term Notes to an Agent shall be subject to the terms of this Agreement and a Terms Agreement, unless the Company and the relevant Agent(s) otherwise agree in writing.
Medium Term Notes. Medium-term notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Purchases are limited to securities rated "A" or higher, or the equivalent, by a NRSRO. A maximum of 30 percent of the City's portfolio may be invested in this category and a maximum of 5 percent with any one issuer. The maximum maturity of these securities is five years.
Medium Term Notes. Notwithstanding any contrary provision herein, the Issuer may establish in or pursuant to a Board Resolution or, if so authorized by Board Resolutions, by Officers' Certificate or by one or more supplemental indentures, prior to the issuance of the Securities of any series which have maturities from nine months to thirty years from the Original Issue Date and certain other terms to be determined in the manner herein contemplated, the form and terms of the Securities of such series of which the principal amount and the terms described in clauses (3), (4), (5), (7), (8), (12), (13) and (17) of Section 2.3 of each Security of such series may be established by such agents of the Issuer and communicated in such manner and at such times before the issuance thereof as shall be provided in or pursuant to such Board Resolution, Officers' Certificate or supplemental indenture and as shall be reasonably satisfactory to the Trustee, without certifying or delivering to the Trustee any record of action by such agents or delivering any Issuer Order, Officers' Certificate or Opinion of Counsel (other than such communication as shall be so provided and satisfactory), PROVIDED that, prior to the initial issuance of any Security or Securities of such series, the Issuer Order, Officers' Certificate and Opinion of Counsel described in Sections 2.1, 2.3 and 2.4 with respect to the Securities of such series, with such changes in each case as shall be necessary in respect of the future determination of terms and as shall be reasonably satisfactory to the Trustee, shall be delivered to the Trustee.
Medium Term Notes. The Borrower has issued Medium-Term Notes under a Collateral Trust Indenture dated as of June 1, 1992 between the Borrower and Bankers Trust Company, as Trustee. Each series of Medium-Term Notes is secured by a separate First Mortgage Bond of the Borrower issued pursuant to the Borrower's First Mortgage Indenture. The following Medium-Term Notes of the Borrower are currently outstanding: FIRST MORTGAGE TITLE OF MEDIUM-TERM NOTES PRINCIPAL AMOUNT BOND SECURITY -------------------------- ---------------- -------------- 6.95% Series A Medium-Term Notes $37,000,000 12% Series CC due 2022 due 2022
Medium Term Notes. The Company will authorize the issue, from time to time, of (but, except as provided in Section 2.2(e) hereof, shall not be obligated to issue) its additional senior promissory notes (herein called the "Medium-Term Notes") in an aggregate principal amount not to exceed $40,000,000. Each Medium-Term Note shall be dated the date of issue thereof, shall have a maturity date of not more than 15 years from the date of original issuance thereof and a weighted average life of not more than 12 years, and shall bear interest on the unpaid balance thereof at the rate per annum (and shall have such other particular terms) as shall be set forth in the Confirmation of Acceptance described in Section 2.2(e) hereof. The Medium-Term Notes shall be substantially in the form of Exhibit 1 attached hereto. The terms "Medium-Term Note" and "Medium- Term Notes" as used herein shall include each Medium-Term Note delivered pursuant to any provision of this Agreement and each Medium-Term Note delivered in substitution or exchange for any such Medium-Term Note pursuant to any such provision. The terms "Note" or "Notes" as used herein shall include each Series A Note and each Medium-Term Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any such Note pursuant to any such provision. Notes which have (i) the same final maturity, (ii) the same principal prepayment dates, (iii) the same principal prepayment amounts (as a percentage of the original principal amount of each Note), (iv) the same interest rate, (v) the same interest payment periods, and (vi) which are otherwise designated a "Series" hereunder or in the Request for Purchase or the Confirmation of Acceptance, whether or not the foregoing conditions are satisfied, are herein called a "Series" of Notes.
Medium Term Notes. There shall occur an “Event of Default” (or any comparable term) under, and as defined in, the Medium Term Notes Documents; or
Medium Term Notes. Pursuant to the terms hereof and of the Base MTN Agreement, the Issuer does hereby constitute and issue a Series of Medium-Term Notes, to be known as the “Series No. 1 Medium-Term Notes” or the “Series 1 Notes” having the terms and conditions set forth herein.
Medium Term Notes
