Series E Bonds definition
Examples of Series E Bonds in a sentence
Principal of and interest on the Senior Note Series E Bonds shall be payable at the office or agency of the Company in the Borough of Manhattan, The City of New York.
The parties acknowledge and confirm that the Issuer's agreement to issue the Bonds and to apply the proceeds thereof to the redemption of the Series E Bonds (thereby reducing the Company's payment obligations under the Original Agreement) constitutes fair and adequate consideration for the additional obligations undertaken by the Company pursuant to this Agreement.
In order to provide funds to refund a portion of the Series E Bonds, the Issuer agrees that it will initially issue and deliver the Bonds to the purchasers thereof at a price to be approved in advance by the Company and will apply and deposit the proceeds thereof in accordance with the terms of the Indenture.
Commencing on February 15, 2043, the Series E Bonds may be redeemed in whole at any time or in part from time to time, at the Company’s option, at a Redemption Price equal to 100% of the principal amount of the Series E Bonds to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date.
For purposes of Section 4.07 of the Senior Note Indenture, the Senior Note Series E Bonds shall be deemed to be the "Related Senior Note First Mortgage Bonds" in respect of the New Senior Notes.