Junior Bonds Debt Service Account definition

Junior Bonds Debt Service Account means the Account of Subfund 1 of the Transportation Enterprise Special Fund created pursuant to and designated as such in Section 3.01 of the Master Indenture.
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Junior Bonds Debt Service Account means the account of that name within Subfund
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Junior Bonds Debt Service Account means the account of that name within the I-25 North Revenue Subfund.
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Examples of Junior Bonds Debt Service Account in a sentence

  • If such Indenture Event of Default is described in subsection (c) of Section 5.01 hereof, the Trustee may, and at the written request of the Owners of a majority of the Bond Ownership Rights represented by the Junior Bonds shall, without further demand or notice, transfer moneys to the Junior Bonds Debt Service Account from other Accounts and Subaccounts in accordance with Section 3.05(c) hereof.


More Definitions of Junior Bonds Debt Service Account

Junior Bonds Debt Service Account has the meaning provided in the Indenture.
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Junior Bonds Debt Service Account means the Account of the I-25 North Revenue Subfund created pursuant to and designated as such in Section 3.01 of the Master Indenture.
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Related to Junior Bonds Debt Service Account

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

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

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

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

  • Debt Service means, with respect to any particular period of time, scheduled principal and interest payments under the Note.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2004 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.