Commercial Paper Program definition

Commercial Paper Program means commercial paper obligations with maturities of not more than two hundred seventy (270) days from the dates of issuance thereof which are issued and reissued by the Issuer from time to time pursuant to Article II hereof and are outstanding up to an Authorized Amount.

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Commercial Paper Program shall have the meaning ascribed thereto in the Master Trust Indenture.

Commercial Paper Program means commercial paper obligations with maturities of not more than one Year from the dates of issuance thereof which are issued and reissued by the City from time to time pursuant to Article II hereof and are outstanding up to an Authorized Amount.

Examples of Commercial Paper Program in a sentence

• Notwithstanding the preceding sentence of this Section 11.03, any provision of any Commercial Paper Program Document which by its terms requires the written consent of all (or a specified Percentage of) the Liquidity Banks, shall not be amended, waived, supplemented or restated without the prior written consent of all (or such specified Percentage of) such Liquidity Banks.

• In furtherance and not in limitation of the foregoing, the Company and its Subsidiaries shall use reasonable best efforts to deliver to Parent executed termination letters with respect to the Company Commercial Paper Program in form and substance customary for transactions of its type, acknowledged or otherwise executed by the applicable placement agents or dealers.

• All Notes issued by the Issuer under this Agreement pursuant to a Commercial Paper Program shall be promissory notes having a maturity, at the time of issuance and upon any renewal thereof, not exceeding 365 days, and shall be exempt from the registration requirements of the Securities Act of 1933, as amended, as indicated on the Program Schedules, and from applicable state securities laws.

• In furtherance and not in limitation of the foregoing, the Company and its Subsidiaries shall use commercially reasonable efforts to deliver to Parent at least one Business Day prior to the Closing Date, executed payoff letters (each, a “Payoff Letter ”), in a form and substance reasonably satisfactory to Parent, from the lenders, or the administrative agent (or similar Person) on behalf of the lenders, under the Existing Credit Facility and the Existing Commercial Paper Program.

• Notwithstanding the preceding sentence of this SECTION 11.03, any provision of any Commercial Paper Program Document which by its terms requires the written consent of all (or a specified Percentage of) the Liquidity Banks, shall not be amended, waived, supplemented or restated without the prior written consent of all (or such specified Percentage of) such Liquidity Banks.

More Definitions of Commercial Paper Program

Commercial Paper Program means a program authorized by the I-Bank pursuant to which Commercial Paper is issued from time to time, up to the authorized amount of such Program.

Commercial Paper Program means the commercial paper program to be entered into by the Company, on such terms and conditions as agreed to by the Company, as may be amended, modified, restated or replaced at any time.

Commercial Paper Program means the commercial paper program of the Borrower established pursuant to the Issuing and Paying Agent Agreement with the Chase Manhattan Bank, whereby the Borrower may issue at any one time up to $500,000,000 principal amount of short term notes having maturities of up to one year

Commercial Paper Program means the commercial paper program established by the Borrower as contemplated by the “Information Memorandum Short-Term Promissory Notes” and Note Issuance and Payment Agreement between the Borrower and BNS each dated December 15, 2005, as amended, restated or supplemented from time to time.

Commercial Paper Program means Bonds with maturities of not more than 365 or 366 days, as the case may be, from the dates of issuance thereof which are issued and reissued by the Commission from time to time and are Outstanding up to an Authorized Amount.

Commercial Paper Program means a program of short-term Obligations (secured, at the option of the Commission, on a parity with Senior Lien Obligations, Second Lien Obligations or Subordinate Obligations) having the characteristics of commercial paper in that (i) such Obligations have a stated maturity not later than 270 days from their date of issue, and (ii) maturing Obligations of such program may be paid with the proceeds of renewal Obligations.

Commercial Paper Program means a program of the Metropolitan Government consisting of the issuance from time to time of Commercial Paper Notes pursuant to the terms of this Resolution.