Predecessor Bond definition

Predecessor Bond means, with respect to any particular Bond, every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purpose of this definition, any Bond authenticated and delivered under Section 2.06 in lieu of a mutilated, lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond.
Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purposes of this definition, any Bond authenticated and delivered under Section 2.06 in lieu of a lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the lost, destroyed or stolen Bond.
Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purposes of this definition, any Bond authenticated and delivered under Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Bond shall be deemed (to the extent lawful) to evidence the same debt as the mutilated, destroyed, lost or stolen Bond.

Examples of Predecessor Bond in a sentence

  • Every new Bond issued pursuant to this Section shall constitute, consistent with the provisions of the Predecessor Bond, an additional contractual obligation of the Authority, whether or not the predecessor Bond shall be found at any time.

  • Revenue Fund Bonds issued in exchange for any initial Revenue Fund Bonds or previously exchanged for such initial Revenue Fund Bonds (herein called “Predecessor Revenue Fund Bonds”) shall be dated the date to which interest has been paid on the Predecessor Bond being surrendered for exchange and shall be numbered in order of issuance commencing with the next number after the highest number assigned to the Predecessor Revenue Fund Bonds.

  • It is important to note this percentage has occurred prior to the enacting of the Public Law; accordingly, given the increased hour requirements needed in the future, even more pilots seeking employment at airlines will likely have to obtain CFI certification.

  • Another is the lack of guarantees that comes with machine learning results: the very flexibility that makes the models so powerful makes it virtually impossible to mathematically demonstrate that their results are optimal.

  • The Company may elect to make payment of any Defaulted Interest to the Persons in whose names such Bonds (or their respective Predecessor Bond) are registered at the close of business on a special record date (the “Special Record Date”) for the payment of such Defaulted Interest, which shall be fixed in the following manner.


More Definitions of Predecessor Bond

Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by the particular Bond. For the purposes of this definition, any Bond authenticated and delivered under the Indenture in lieu of a lost, stolen or destroyed Bond shall, except as otherwise provided in the Indenture, be deemed to evidence the same debt as the lost, stolen or destroyed Bond.
Predecessor Bond. With respect to any Bond of a Series and Class, every previous Bond of that Series and Class evidencing all or a portion of the same debt as that evidenced by such Bond; for the purpose of this definition, any Bond of a Series authenticated and delivered under Section 2.06 in lieu of a mutilated, lost, destroyed or stolen Bond of the same Series and Class shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Bond.
Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purposes of this definition, any Bond authenticated and delivered under Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or wrongfully taken Bond shall be deemed to evidence the same debt as the mutilated, destroyed, lost or wrongfully taken Bond.
Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same indebtedness as that evidenced by such particular Bond; and, for the purposes of this definition, any Bond authenticated and delivered under Section 2.09 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Bond shall be deemed to evidence the same indebtedness as the mutilated, destroyed, lost or stolen security.
Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by the particular Bond. For the purposes of this
Predecessor Bond means every previous Bond evidencing all or a portion of the same obligation as that evidenced by a particular Bond. For this purpose, any Bond authenticated and delivered under Section 2.08 of this CFC Master Trust Agreement shall be deemed to evidence, except as otherwise provided in Section 2.08 of this CFC Master Trust Agreement, the same debt as the lost, stolen or destroyed Bond.
Predecessor Bond of any particu- lar Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by the particular Bond. For the purposes of this definition, any Bond authenticat- ed and delivered under Section 1.06 of the Master Trust Agreement in lieu of a lost, stolen or destroyed Bond shall, except as otherwise provided in Sec- tion 1.06 of the Master Trust Agree- ment, be deemed to evidence the same debt as the lost, stolen or destroyed Bond.