Refunding Prior Bonds definition
Refunding Prior Bonds means all or any portion of Prior Bonds that refunded or will refund other Prior Bonds;
Examples of Refunding Prior Bonds in a sentence
Notwithstanding anything to the contrary in this Section 5.1, the pledge of any Revenues and right, title and interest in Loans and Financial Agreements related to Prior Loans is expressly subject and subordinate to the prior pledge and lien granted by the Trust for the benefit of the Owners of the applicable Prior Bonds under the applicable Prior Bond Resolutions, including without limitation the Owners of applicable Refunding Prior Bonds.