Series 11 Bonds definition

Series 11 Bonds means the MERIT Securities Corporation Collateralized Bonds, Series 11.
Sample 1

Examples of Series 11 Bonds in a sentence

  • In addition, the Insurance Reserve Requirement for the Series 9 Bonds, the Series 10 Bonds, the Series 11 Bonds and the Series 14 Bonds was provided by separate surety bond insurance policies issued by Ambac Assurance.

  • Highland understands that a substantial portion of the collateral securing the Series 11 Bonds and the Series 12-1 Bonds is comprised of "manufactured home loans" that are likely to experience rates of delinquency and foreclosure that are higher, and may be substantially higher, than mortgage loans.

  • If a vector (σy )y∈R of these strategies conform to an SPE, the observable outcome would be pooling at every t .−In order to check whether this can be an SPE, we need to examine if agents are responding optimally after any possible history.

  • Highland has been given ample opportunity to ask questions of and receive answers from representatives of each Dynex Company concerning the nature and component elements generally used to assess the quality of the Series 11 Bonds (including the Class B-3 Bonds), the Series 12-1 Bonds, the Redemption Rights and the Available Surplus and to obtain additional information necessary to verify the accuracy of the information provided.

Related to Series 11 Bonds

  • Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

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

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Series A Notes is defined in Section 1.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Original Bonds has the meaning set forth in the recitals hereto.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Series D Notes is defined in Section 1.

  • Series C Notes is defined in Section 1.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • B Notes means each of Note B-1 and Note B-2.

  • Series B Notes is defined in Section 1.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • School Bonds means School Obligations issued as Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • Serial Bonds means Bonds (other than Term Bonds) that mature in annual or semi-annual installments.