Serial Maturity definition

Serial Maturity means the Maturity of a Bond after the aggregate Maturities of the Bonds have been adjusted pursuant to Section 6.1 to correspond with the remaining scheduled mandatory redemption requirements.
Serial Maturity means the principal amount or Accreted Value of Serial Bonds due in any year as set forth in a Series Supplement.
Serial Maturity means the principal of Serial Bonds due in any year as set forth in a Series Supplement.

Examples of Serial Maturity in a sentence

  • In addition, such notice shall state whether some or all of the Bonds to be converted shall be converted to Serial Bonds and, if so, the applicable Serial Maturity Dates and Serial Payments, all as determined pursuant to subsection (v) of this subsection (b).

  • The Remarketing Agent shall determine the Fixed Rate for the Bonds being converted to the Fixed Rate Mode in the manner and at the times as follows: not later than 4:00 P.M. on the applicable Rate Determination Date, the Remarketing Agent shall determine the Fixed Rate (or Rates, if the Bonds will have Serial Maturity Dates in accordance with Section 2.9(b)(v) hereof).

  • After the Conversion Date, Bonds shall not be redeemed pursuant to this subsection (a) in any year which, as a result of the Conversion to the Fixed Rate Mode, contains a Serial Maturity Date.

Related to Serial Maturity

  • Final Maturity has the meaning specified in Section 3.08.

  • Legal Maturity Date means July 15, 2024.

  • Maturity when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, notice of redemption, notice of option to elect repayment or otherwise.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

  • Initial Maturity Date means the earlier of (i) February 1, 2020 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.