Serial Payments definition

Serial Payments mean the payments to be made in payment of the principal of the Serial Bonds on the Serial Maturity Dates.

Examples of Serial Payments 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).