New First Mortgage Bonds definition

New First Mortgage Bonds is defined in Section 24.1.
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Examples of New First Mortgage Bonds in a sentence

  • At any time after the Release Date, the Company may, at its option without the consent of the holders, secure the outstanding Notes by an equal principal amount of New First Mortgage Bonds issued by the Company under a New Indenture upon the Company’s compliance with the requirements of Section 24.

  • The New First Mortgage Bonds will rank pari passu with all other first mortgage bonds issued pursuant to the New Indenture.

  • Submitting an original and two (2) copies of the Entergy New Orleans, LLC, requesting financingauthorization, RE: Application to the Council of the City of New Orleans for Approval of the Financing Plan to Issue New First Mortgage Bonds, Other Debt Securities, and New Preferred Securities.

  • So far as practicable, all elected officers shall be elected at the annual meeting of the Board in each year, and shall hold office until the annual meeting of the Board in the next subsequent year and until their respective successors are chosen.

  • The Collateral Agent shall have the right to exchange the certificates representing the New First Mortgage Bonds for certificates of smaller or larger denominations to facilitate the exercise of its rights hereunder.

  • This supplemental response was placed in the formal file as Item # 1t, a copy of which was provided to protestant Division of Ratepayer Advocates (DRA).Park’s request to issue New First Mortgage Bonds is subject to §§ 816,et seq.

  • The New First Mortgage Bonds shall be registered on the register maintained by the Trustee under the TNP Bond Indenture in the name of the Collateral Agent or its nominee.

Related to New First Mortgage Bonds

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Existing Bonds means the following obligations of Seller:

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

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

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

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Original Bonds has the meaning set forth in the recitals hereto.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • First Mortgagee means the holder of any First Mortgage.

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Mortgage Amendment has the meaning set forth in Section 6.12(a).

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Mortgage Amendments as defined in Section 6.11(a).

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

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • Series C Notes is defined in Section 1.

  • Aircraft Mortgage means that “Aircraft Mortgage” as defined in Section 4.01(e), as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • 2027 Notes means the 7.875% unsecured notes due January 15, 2027, issued pursuant to the 2006 Notes Indenture.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.