Refunding Note definition

Refunding Note means, with respect to any Liquidity Lender, a promissory -------------- note issued to such Liquidity Lender by Xxxxx, substantially in the form of Exhibit B to the Liquidity Agreement, evidencing the Refunding Advances by such Liquidity Lender to Xxxxx, and all other promissory notes accepted from time to time in substitution therefor or renewal thereof.
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Refunding Note means any commercial paper note issued pursuant to Section 3.01(b) to pay the principal of Notes issued under this Resolution.
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Refunding Note means a Series 2021A ECP Note issued to refund an Outstanding Series 2021A ECP Note. The requirements for Note Orders for Refunding Notes are described in Section 2.5(c) hereof.
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Examples of Refunding Note in a sentence

  • The County Treasurer is authorized to prescribe the form of Refunding Note and the form of notice of sale, if any, for the sale of Refunding Notes.

  • The Czechoslo- vak delegate Karel Hansa, orientalist traveller and author of Horrors of the East (3).

  • General obligation bonds will be paid with $256,530,000 from taxes, and the remainder from lease revenues (Note 8), user charges and payments received on the SWACO and CRAA loans including portions of the Series 2005 Refunding (Note 7).

  • In June 2007, the Authority executed a revolving Mortgage Prepayment Refunding Note with Wachovia Bank, N.A. for $21 million.

  • Furthermore, while the state still regulates retail sales of electricity, those prices are determined to a significant extent by wholesale prices.

  • On July 1, 2008, the Authority drew down $13,055,000 from a Mortgage Prepayment Refunding Note agreement entered into on June 28, 2007 and renewed on June 30, 2008.

  • Refunding Note: A note executed in exchange for, and to refund, a note previously executed.

  • The bond proceeds were used to advance refund the remaining outstanding General Obligation Refunding Note Series of 1997.

  • The Agency has determined it necessary, desirable and in the best interests of the Agency and the property owners, residents and tenants of the City of Leesburg, Florida (the "City") that the Agency issue its Tax Increment Revenue Refunding Note, Series 2016 (the "2016 Note") to advance refund all of the outstanding Refunded Bonds, in that such refunding will result in debt service savings for the Agency.

  • The Funding Loan is evidenced by the Governmental Lender’s Multifamily Note with designation as Multifamily Housing Revenue Refunding Note (Twin Lakes Family Apartments Project), Series 2020 (the “Governmental Note”) dated June , 2020, and delivered by the Governmental Lender to or at the direction of the Initial Funding Lender.


More Definitions of Refunding Note

Refunding Note means, with respect to any Liquidity Lender, a promissory note issued to such Liquidity Lender by AFC, substantially in the form of Exhibit B to the Liquidity Agreement, evidencing the Refunding Advances by such Liquidity Lender to AFC, and all other promissory notes accepted from time to time in substitution therefor or renewal thereof.
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Related to Refunding Note

  • Refunding Bond means any Bond authenticated and delivered on original issuance pursuant to the Second Resolution for the purpose of refunding any Outstanding Bonds, or thereafter authenticated and delivered pursuant to the Second Resolution in lieu of or substitution for such Bond.

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • 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.

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B-1 Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B-1 Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.

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

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • 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.

  • Cross-Series Modification means a modification involving (i) the Bonds or any agreement governing the issuance or administration of the Bonds, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.