Additional Senior Bonds definition

Additional Senior Bonds means Senior Bonds issued in connection with the incurrence of Other Permitted Senior Secured Indebtedness pursuant to Section 6.09 of the Indenture and Section 6.02(a) of the Series 2017 Loan Agreement.
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Additional Senior Bonds means any Bond or Bonds originally issued in accordance with Section 204 after the effectiveness of the 1996 Amendatory Supplemental Indenture.
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Additional Senior Bonds means Bonds of the Trust issued pursuant to ARTICLE II hereof and designated as Senior Bonds;
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Examples of Additional Senior Bonds in a sentence

  • The Owners of the Senior Bonds may not look to any revenues of the Issuer, CDOT or the State for repayment of the Senior Bonds and the only sources of repayment of the Senior Bonds are revenues provided by the Concessionaire to the Issuer pursuant to the Series 2014 Bonds Loan Agreement and any Additional Senior Bonds Loan Agreement (if executed) for the payment of the principal (or Redemption Price) of and interest on the Senior Bonds.

  • All other requirements of law existing on the date such Additional Senior Bonds are issued including, without limitation, the provisions of Section 28-7510, Arizona Revised Statutes (so long as that section contains tests which pertain to the issuance of parity bonds) have been met.

  • The Issuer shall not pledge, grant or create in any manner any Lien or encumbrance on, or rights with respect to, the Trust Estate, except (a) Liens securing the Series 2014 Bonds and any Additional Senior Bonds issued or incurred in accordance with Section 6.09 hereof, and (b) Liens or encumbrances that are junior and subordinate to the Lien created under this Indenture for the payment of the Senior Bonds.

  • The Series 2015 Bonds, together with Outstanding Senior Bonds and Additional Senior Bonds hereafter issued as herein provided, are special obligations of the Board and are payable from and equally and ratably secured solely by a first lien, and by a pledge of, Pledged Revenues, subject to the permitted expenditure of bond proceeds as provided in Section 28-7509, Arizona Revised Statutes.

  • The Owners of the Series 2014 Bonds may not look to any revenues of the Issuer, CDOT or the State for repayment of the Series 2014 Bonds and the only sources of repayment of the Series 2014 Bonds are revenues provided by the Concessionaire to the Issuer pursuant to the Series 2014 Bonds Loan Agreement and any Additional Senior Bonds Loan Agreement (if executed) for the payment of the principal (or Redemption Price) of and interest on the Series 2014 Bonds.

  • For Additional Senior Bonds, (i) 1.40 with respect to Senior Bonds, (ii) 1.20 with respect to Senior Bonds and Junior Lien Obligations, (iii) 1.20 with respect to Senior Bonds, Junior Lien Obligations and Subordinated Bonds and (iv) 1.10 with respect to all Obligations.

  • Designation as an Additional Senior Bonds Loan Agreement; Term of Agreement 33 Section 9.02.

  • Rights Under Series 2014 Loan Agreement, the Additional Senior Bonds Loan Agreement and the MSA 23 Section 6.07.

  • The covenants set forth in this Section shall remain in full force and effect notwithstanding the payment in full or defeasance of the Series 2014 Bonds or any Additional Senior Bonds issued as Tax-Exempt Bonds until the date on which all of the Issuer obligations in fulfilling such covenants have been met.

  • The Issuer shall not create, incur, assume or permit to exist any Indebtedness secured by the Trust Estate, other than the Series 2014 Bonds or any Additional Senior Bonds.


More Definitions of Additional Senior Bonds

Additional Senior Bonds means any Series of Additional Bonds designated as such by Supplemental Indenture issued in accordance with Section 1.08 of the Master Indenture.
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Additional Senior Bonds means those Bonds authorized and issued hereunder on a parity with the [Senior] Bonds, in accordance with Section 3.04 hereof.] Parity Installment Payments
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Additional Senior Bonds means additional obligations issued under this Indenture which will have a lien on the Pledged Revenues on parity with the lien of the Series 2010A Bonds thereon.
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Additional Senior Bonds means Bonds of one or more Series of Senior Bonds that qualify as Additional Bonds hereunder.
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Additional Senior Bonds means any borrowings or indebtedness (x) secured by a Lien on the Trust Estate that is (1) at all times senior to the Liens on the Trust Estate in favor of the Junior Obligations and (2) during any period when a Bankruptcy Related Event with respect to the Borrower has not occurred, also senior to the Liens on the Trust Estate in favor of the TIFIA Loan, and (y) permitted under Section 16(a) (Indebtedness) and under the Indenture, which Additional Senior Bonds are issued or incurred after the Effective Date and shall also satisfy the following requirements, as applicable.
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Additional Senior Bonds means additional obligations, including debt issued in the form of notes, loans, debentures, or such other debt, as may be issued at any time under the provisions of section 207 or section 208 of this Ordinance.
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Related to Additional Senior Bonds

  • Additional Series or “Additional Series Equipment Notes” means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Additional Senior Debt means any Indebtedness of the Parent Borrower (other than Indebtedness constituting Credit Agreement Obligations) Guaranteed by the Guarantors (and not Guaranteed by any other Subsidiary) which Indebtedness and Guarantees are secured by the Senior Collateral (or a portion thereof) on a pari passu basis (but without regard to control of remedies) with the Credit Agreement Obligations (and not secured by Liens on any other assets of the Parent Borrower or any Subsidiary); provided, however, that, (i) such Indebtedness is permitted to be incurred, secured and Guaranteed on such basis by each Senior Debt Document and Second Priority Debt Document and (ii) the Representative for the holders of such Indebtedness shall have become party to (A) this Agreement pursuant to, and by satisfying the conditions set forth in, Section 8.09 hereof and (B) the First Lien Intercreditor Agreement pursuant to, and by satisfying the conditions set forth in, Section 5.13 thereof, provided further that, if such Indebtedness will be the initial Additional Senior Debt incurred by the Parent Borrower after the date hereof, then the Guarantors, the Senior Collateral Agent and the Representative for such Indebtedness shall have executed and delivered the First Lien Intercreditor Agreement. Additional Senior Debt shall include any Registered Equivalent Notes and Guarantees thereof by the Guarantors issued in exchange therefor.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Additional Senior Debt Facility means each indenture or other governing agreement with respect to any Additional Senior Debt.

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • New Senior Notes has the meaning set forth in the recitals hereto.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.

  • Additional Security has the meaning given in clause 10.6;

  • Additional Secured Debt Designation means a notice in substantially the form of Exhibit A.

  • Additional Securities means such Securities which have been deposited pursuant to Section 2.05 to effect an increase over the number of Units initially specified in the Reference Trust Agreement.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

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

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

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

  • Additional Security Documents shall have the meaning provided in Section 9.12(a).

  • 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).

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.