Investment Recovery Bonds definition

Investment Recovery Bonds means one or more series of investment recovery bonds authorized by the Financing Order and issued under the Indenture.
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Investment Recovery Bonds means bonds, debentures, notes, certificates
Sample 1Sample 2
Investment Recovery Bonds means one or more series of Investment Recovery Bonds authorized by the Financing Order and issued under the Indenture.
Sample 1

Examples of Investment Recovery Bonds in a sentence

  • Section 9.01 of the Indenture provides, among other things, that the Issuer and the Indenture Trustee may at any time enter into an indenture supplemental to the Indenture for the purposes of authorizing the issuance by the Issuer of the Investment Recovery Bonds and specifying the terms thereof.

  • The Indenture Trustee, as indenture trustee on behalf of the Secured Parties of the Investment Recovery Bonds, acknowledges such Grant and accepts the trusts under this Supplement and the Indenture in accordance with the provisions of this Supplement and the Indenture.

  • The Indenture Trustee shall deliver the Investment Recovery Bonds to the Issuer when authenticated in accordance with Section 2.03 of the Indenture.

  • This Supplement amends, modifies and supplemented the Indenture only in so far as it relates to the Investment Recovery Bonds.

  • Termination Policy P713, states an employee who plans to resign or retire, must submit a letter of resignation to his or her manager at least 14 calendar days before the termination date.

  • The amount payable with respect to the Investment Recovery Bonds pursuant to Section 8.02(e)(i) of the Indenture shall not exceed $1,000,000 annually.

  • The proceeds of the Investment Recovery Bond Proceeds shall be applied to pay the costs of issuing the Investment Recovery Bonds and to purchase the Investment Recovery Property, as directed in an Officer’s Certificate.

  • Article I of the Indenture provides that the meanings of certain defined terms used in the Indenture shall, when applied to the Investment Recovery Bonds, be as defined in Appendix A to the Indenture.

  • The Investment Recovery Bonds shall be issuable in the Minimum Denomination and integral multiples thereof.

  • Amounts in the Costs of Issuance Account shall be applied from time to time as directed by an Officer’s Certificate, to pay costs of issuing the Investment Recovery Bonds, and, upon payment of all such costs, for deposit into the General Subaccount and applied as a credit against Investment Recovery Charges as required by the Financing Order.


More Definitions of Investment Recovery Bonds

Investment Recovery Bonds means bonds, debentures, notes, certificates of participation, certificates of ownership, or other evidences of indebtedness or ownership that are issued pursuant to an indenture, contract, or other agreement of an electric utility or an assignee pursuant to a financing order, the proceeds of which are used directly or indirectly to provide, recover, finance, or refinance commission-approved investment recovery costs and financing costs, and which are secured by or payable from investment recovery property. If certificates of participation or ownership are issued, references in this Part to principal, interest, or premium shall be construed to refer to comparable amounts under those certificates. Investment recovery bonds shall be nonrecourse to the credit or any assets of the electric utility other than the investment recovery property as specified in the financing order and any rights under any ancillary agreement. Investment recovery bonds shall be legal investments for all governmental units, financial institutions, insurance companies, fiduciaries, and other persons that require statutory authority regarding legal investment.
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Related to Investment Recovery Bonds

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

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

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

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Transition bonds means bonds, notes, certificates of

  • Fundserv Notes means Notes purchased through Fundserv.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • B Notes means each of Note B-1 and Note B-2.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Class A-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

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

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Mortgage Interest Rate Cap With respect to an Adjustable Rate Mortgage Loan, the limit on each Mortgage Interest Rate adjustment as set forth in the related Mortgage Note.

  • NIM Notes The notes to be issued pursuant to the Indenture.

  • Class Certificate Balance With respect to any Class and as to any date of determination, the aggregate of the Certificate Balances of all Certificates of such Class as of such date.

  • Subsequent Recovery Any amount recovered by a Servicer or the Master Servicer with respect to a Liquidated Mortgage Loan with respect to which a Realized Loss was incurred after the liquidation or disposition of such Mortgage Loan.