Restricted Bonds definition

Restricted Bonds means those bonds, including part of an issue of bonds, that are chargeable or may be elected to be charged against the state ceiling under the Internal Revenue Code, including qualified mortgage bonds in lieu of which mortgage credit certificates are or are to be issued, and excludes any bonds or parts of issues of bonds which for any reason, including transitional rules or savings clauses, are excepted, exempted, or excluded in any way from the state ceiling under the act.

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Restricted Bonds. As defined in the first paragraph hereof.

Restricted Bonds means Restricted Physical Bonds and Restricted Global Bonds and, in each case, any Parent Shares issued or delivered upon exchange of such Bonds in accordance with Article 11 hereof that are required to bear the Private Placement Legend.

Examples of Restricted Bonds in a sentence

• The Exchange Offer shall be on the appropriate form permitting registration of the Exchange Bonds to be offered in exchange for the Restricted Bonds that are Transfer Restricted Securities and to permit sales of Broker-Dealer Transfer Restricted Securities by Restricted Broker-Dealers as contemplated by Section 3(c) hereof.

• Benefits received by the Company shall be deemed to be equal to the total net proceeds from the initial sale of Restricted Bonds (before deducting expenses) received by it as set forth in the Offering Memorandum.

• Benefits received by the Initial Purchaser shall be deemed to be equal to the total purchase discounts and commissions as set forth on the cover page of the Offering Memorandum, and benefits received by any other Holders shall be equal to the value of receiving Restricted Bonds or Exchange Bonds, as applicable, registered under the Act.

• No person may participate in any underwritten registration hereunder unless such person (i) agrees to sell such person's Transfer Restricted Bonds on the basis reasonably provided in any underwriting arrangements approved by the persons entitled hereunder to approve such arrangements and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements.

• Exchange Bonds that are acquired by a Broker-Dealer in the Exchange Offer in exchange for Restricted Bonds that such Broker-Dealer acquired for its own account as a result of market-making activities or other trading activities (other than Restricted Bonds acquired directly from the Company or any of its affiliates).

More Definitions of Restricted Bonds

Restricted Bonds means any Bonds held in the Securities Escrow Account in anticipation or contemplation of a Disputed Claim.

Restricted Bonds means, with respect to a Consenting Creditor at any time, the aggregate outstanding principal amount of Existing Bonds set out in the Restricted Bonds Notice then most recently delivered by that Consenting Creditor, as modified from time to time by any Transfer Notices (as applicable) delivered by Consenting Creditors to the Information Agent, subject to evidence satisfactory to the Information Agent having been provided in accordance with Clause 6 (Accession, Transfer and Purchase, and Aggregate Position Disclosure by the Information Agent); and “Restricted Bond” means any portion of the Restricted Bonds.

Restricted Bonds means, at any relevant time, any Bonds or Bond Interests at that time registered in the name of the Securities Escrow Agent.

Restricted Bonds means any Bonds or Bond Interests held in the Securities Escrow Account.

Restricted Bonds. As defined in the first paragraph hereof (and shall be deemed to include any additional Restricted Bonds issued after the Closing Date and prior to the consummation of the Exchange Offer).

Restricted Bonds means all Bonds required to bear a restrictive legend provided for in Exhibit A, including the Regulation S Global Bond and the Restricted Global Bond and their Successor Bonds, but excluding the Unrestricted Global Bond. As used herein, the term “Successor Bond” means, with respect to any particular Bond, each Bond issued after, and evidencing all or a portion of the same debt as that evidenced by, such particular Bond; and, for the purposes hereof, any Bond authenticated and delivered under pursuant to the terms of this Indenture in exchange for or in lieu of a mutilated, destroyed, lost or stolen Bond shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Bond.

Restricted Bonds has the meaning specified in Section 2.3.