Bond Collateral definition
Bond Collateral means the real and personal property of the Obligated Debtors securing their obligations to the Bond Trustee and Bondholders under the 2008 Bond Documents.
Bond Collateral means the assets of PREPA, if any, subject to a valid, perfected, and enforceable prepetition security interest in favor of the Bond Trustee on account of the PREPA Revenue Bonds as determined pursuant to the Amended Lien & Recourse Challenge Final Resolution.
Bond Collateral means with respect to the Bonds, (a) the System Restoration Property created under and pursuant to the Financing Order and the Securitization Act and transferred by CEHE to the Company pursuant to the Sale Agreement, (b) all System Restoration Charges related to the System Restoration Property, (c) the Sale Agreement and all property and interests in property transferred under the Sale Agreement, (d) the Servicing Agreement, the Administration Agreement, and any intercreditor agreement, subservicing, agency, administration, or collection agreements executed in connection therewith, if any, to the extent related to the System Restoration Property and the Bonds, (e) the Collection Account, all subaccounts thereof and all amounts of cash, instruments, investment property or other assets on deposit therein or credited thereto from time to time and all financial assets and securities entitlements carried therein or credited thereto, (f) all rights to compel the Servicer to file for and obtain adjustments to the System Restoration Charges in accordance with the Securitization Act and the Financing Order, (g) all present and future claims, demands, causes and choses in action in respect of any or all of the foregoing, whether such claims, demands, causes and choses in action constitute property, accounts, general intangibles, instruments, contract rights, chattel paper or proceeds of such items or any other form of property with respect to the Bonds, (h) all accounts, chattel paper, deposit accounts, documents, general intangibles, goods, instruments, investment property, letters of credit, letters-of-credit rights, money, commercial tort claims and supporting obligations with respect to the Bonds related to the foregoing (other than any cash released to the Company by the Indenture Trustee on any Payment Date to be distributed to CEHE as a return of its Capital Contribution or as earnings on the capital subaccount of the Collection Account) and (i) all payments on or under, and all proceeds in respect of, any or all of the foregoing with respect to the Bonds.
Examples of Bond Collateral in a sentence
In addition, for federal income tax purposes, the Company may not claim any credit on, or make any deduction from the principal or premium, if any, or interest payable in respect of, the Bonds (other than amounts properly withheld from such payments under the Code or other tax laws) or assert any claim against any present or former Bondholder by reason of the payment of the taxes levied or assessed upon any part of the Bond Collateral.
More Definitions of Bond Collateral
Bond Collateral means all of Borrower’s rights, title and interest with respect to the Bonds described on Schedule 2 attached hereto, including, without limitation, all direct and indirect ownership interests and all participation interests in such Bonds, the Bond Documents, the Projects described on Schedule 3 attached hereto and all mortgages, security interests, promissory notes and other instruments, agreements and documents evidencing and securing the Project Loans for each of the Projects to the extent of Borrower’s interests therein, and all Proceeds of the foregoing, however and whenever acquired and in whatever form, including, without limitation, all certificates or instruments representing or evidencing such Bond Collateral, and all principal, interest and payments and distributions of cash or other property and proceeds from time to time received, receivable or otherwise distributed in respect of, or in exchange therefor (whether such proceeds arise before or after the commencement of any proceeding under any applicable bankruptcy, insolvency or other similar law, by or against the Borrower), all powers and rights of the Borrower now or hereafter acquired by the Borrower, including rights of enforcement, with respect to all Bonds, the Bond Documents, the Project Loans and the Projects.
Bond Collateral the portion of the Collateral consisting of FHA bonds and the proceeds thereof, as such Collateral may be substituted from time to time with other Liquid Investments.
Bond Collateral means (1) shares of Satellite CD Radio, Inc. or (2) any license owned by Satellite CD Radio, Inc. that is required to operate a CD Radio Business.
Bond Collateral means with respect to each Bond, all property and interests in property now or hereafter securing such Bond, and the obligations of the Bond Issuer and/or any Bond Obligor in respect of such Bond, including, without limitation, all contract rights, accounts receivable, accounts, documents, instruments, general intangibles, escrows and Bond Documents.
Bond Collateral means (a) all Green Infrastructure Property, including without limitation all Revenues, and the Department’s interest in the Financing Order, (b) the Bond Fund, and all Accounts, Subaccounts and assets, including money, contract rights, general intangibles or other personal property held by the Trustee under the Indenture, (c) the State Pledge and the other covenants of the State in the Indenture; (d) the Department’s right to enforce the Service Provider Agreement; (e) any and all other property of any kind conveyed, pledged, assigned or transferred as and for additional security under the Indenture and (f) the proceeds of the foregoing. Except as specifically provided in the Indenture, such pledge, assignment and lien, does not include (i) the rights of the Department pursuant to provisions for consent or other action by the Department, notice to the Department, or the filing of documents with the Department, or (ii) any right or power reserved to the State pursuant to the Statute or other law.
Bond Collateral means that certain securities account number 09508-01-J in the name of Liposome at CoreStates and all financial assets from time to time carried therein acceptable to Agent and any free credit balance contained therein.
Bond Collateral means the LIENS granted by BORROWER to the BOND ISSUER to secure the BOND DEBT on BORROWER’s property and assets described in a Construction Loan Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Financing Statement dated as of April 1, 2008 on the PROJECT (“BOND MORTGAGE”), and a Security Agreement (“BOND SECURITY AGREEMENT”) and related financing statements and control agreements, all executed by BORROWER in favor of the BOND TRUSTEE.