Senior Bonds definition

Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

Senior Bonds means all Bonds issued as Senior Bonds.

Senior Bonds means the Series A-1 Bonds and any additional bonds that are issued on a senior lien basis.

Examples of Senior Bonds in a sentence

The term “maximum annual debt service on the Bonds” means the greatest amount of interest, Sinking Fund Requirements and (without duplication) principal payments on Outstanding Bonds (including Subordinate Bonds and Senior Bonds but excluding Notes and ancillary and swap contracts, whether or not payments thereon are Debt Service) payable in the current or any future fiscal year.
Secured Senior Bonds may include obligor call or prepayment features, with or without a premium or makewhole.
It is acknowledged that the Authority is authorized and requested to issue one or more Series of Pool Bonds (consisting of a Series of Senior Bonds and, if desirable, a corresponding Series of Subordinate Bonds) pursuant to and as provided in the Indenture as finally executed and, if applicable, each Supplemental Indenture as finally executed.
Interest on and principal of the Fixed Rate Bonds are payable from Tax Revenues, subordinate to payment of Senior Debt Service, including principal and interest on Senior Bonds Outstanding and to be issued and operating expenses of the Authority.
BEIR is highly volatile and may lead to significant non-cash changes in the fair value of Senior Bonds, Series 04-A2 that may not be representative of actual inflation paid or to be paid to the holders of Senior Bonds, Series 04-A2.

Senior Bonds means any voter-approved revenue bonds, revenue notes or other similar evidences of indebtedness of the City heretofore or hereafter issued pursuant to the City Charter for the acquisition, construction and financing or refinancing of extensions of, additions to, repairs and replacements to, renewals of, and improvements of the Electric System, payable out of Gross Revenues on a basis senior to the Qualified Obligations. At present, there are no Senior Bonds outstanding and no authorized but unissued Senior Bonds.

Senior Bonds means debt securities issued pursuant to an Indenture that is a Senior Debt Instrument.

Senior Bonds means any revenue bonds, revenue notes or other similar evidences of indebtedness heretofore or hereafter issued by the City for the acquisition, construction and financing or refinancing of extensions of, additions to, repairs and replacements to, renewals of, and improvements of the Electric System, payable out of Gross Revenues on a parity with the First 1986 Bonds and on a basis senior to the Qualified Obligations.

Senior Bonds. (i) with respect to the 364-Day Tranche Loans, that certain First Mortgage Bond in the aggregate principal amount of $125,000,000 and (ii) with respect to the 2-Year Tranche Loans, that certain First Mortgage Bond in the aggregate principal amount of $400,000,000, in each case, issued to the Administrative Agent pursuant to the Supplemental Indenture.

Senior Bonds means the outstanding revenue bonds, revenue notes or other similar evidences of indebtedness hereafter issued for the acquisition, construction or financing of additions to, and improvements of the Water System, payable out of and secured by Net Revenues.

Senior Bonds means the up to EUR 315,000,000 senior secured bond loan with ISIN SE0013101219 issued by the Issuer on 4 November 2019, the up to EUR 350,000,000 senior secured bond loan with ISIN: SE0015810759 issued by the Issuer on 8 April 2021 or any other bonds that may be issued in compliance with these Terms and Conditions.