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

  • So long as any Senior Bonds or Qualified Obligations are Outstanding, the City shall deposit the Gross Revenues of the Electric System as received in the Revenue Account.

  • The money collected from insurance against accident, loss or damage shall be used for repairing or rebuilding the lost, damaged or destroyed works and properties, and to the extent not so applied, shall be applied to the retirement of Outstanding Senior Bonds and Qualified Obligations, and for such purposes paid into the appropriate funds or accounts.


More Definitions of Senior Bonds

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. (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 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.
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 senior bonds issued by the Issuer of up to SEK 350,000,000 (or its equivalent in NOK or USD), with holder of such bonds being defined as the "Senior Bondholders".
Senior Bonds means, collectively, the Series 2017 Bonds and any Additional Senior Bonds.