R Bonds definition

R Bonds are a series of Bonds authorized for issuance under the Indenture, the form of which is attached to this Indenture as Exhibit A-2.
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Examples of R Bonds in a sentence

  • The Series R Bonds issued under this Sixteenth Supplemental Indenture are subject to the terms of the Indenture and the 2020 Series R BPA.

  • A series of Bonds to be issued under the Original Indenture as heretofore supplemented and as supplemented hereby and secured thereby and hereby is hereby created which shall be designated as, and shall be distinguished from the Bonds of all other series by the title, "First Mortgage Bonds, Series R, 5.96%," herein referred to as the "Series R Bonds." The aggregate principal amount of the Series R Bonds shall not exceed $25,000,000.

  • Series R Bonds October 1, 1968 Additional Provisions and Subject Properties October 1, 1968(a)(c).................

  • The Company may at any time and in its sole discretion determine not to have any Series R Bonds in registered form represented by one or more Global Securities and, in such event, will issue certificated bonds in definitive form in exchange for the Global Securities representing the Series R Bonds.

  • There shall be and is hereby created an additional Series of bonds designated as and entitled “First Mortgage Bonds, Series R.” Series R Bonds shall be fully registered bonds without coupons, of the denomination of at least $500,000.

  • Upon the principal of the Series R Bonds becoming due and payable on (i) the Maturity Date or (ii) a date prior to the Maturity Date as provided in this Section 1.2, any unpaid principal, premium (if any) and interest payment shall automatically accrue interest at 4% per annum in excess of the Base Rate (as hereinafter defined).

  • The Series R Bonds shall be registerable, transferable, and exchangeable as provided in Article II of the Original Indenture and this Section 1.2; provided that the Series R Bonds shall not be issued as coupon Bonds.

  • The Trustee shall be entitled to, may exercise and shall be protected by, where and to the full extent that the same are applicable, with respect to the Series R Bonds herein provided for, all the rights, powers, privileges, immunities and exemptions provided in the Indenture as if the provisions concerning the same were incorporated herein at length.

  • The Class A Bonds and Class R Bonds will each be offered serially, over a maximum period of two years, commencing on the date the Offering Statement is qualified by the SEC and will terminate on the earliest of: (i) the date the Company sells $75,000,000 of the Bonds in the aggregate; (ii) the second anniversary of the date of qualification of the Offering Statement; or (iii) such date upon which the Company determines to terminate the Offering, in its sole discretion.

  • The principal of the Series R Bonds may be declared or may become due and payable prior to the Maturity Date, in the manner and with the effect and subject to the conditions provided in the Original Indenture and this Eighteenth Supplemental Indenture (i) upon the occurrence of an Event of Default as provided in the Original Indenture or (ii) as provided in the Bond Purchase Agreement.