Solar Bond definition

Solar Bond means a debt instrument, including, but not limited to, bonds, promissory notes or debentures, directly issued by Borrower to purchasers pursuant to a Solar Bonds Financing.

Examples of Solar Bond in a sentence

  • Unless otherwise agreed between the Company and Incapital, the Company agrees to pay Incapital, as consideration for soliciting the sale of the Solar Bonds pursuant to this Agreement, a concession in the form of a discount equal to the percentages of the initial offering price of each Solar Bond sold as part of an Acceptance Notice, as set forth in Exhibit C hereto (the “Concession”).

Related to Solar Bond

  • Corporate bond means a senior secured debt obligation issued by a domestic business entity and rated not lower than “AA-” or the equivalent by a nationally recognized investment rating firm. The term does not include a debt obligation that, on conversion, would result in the holder becoming a stockholder or shareholder in the entity, or any affiliate or subsidiary of the entity, that issued the debt obligation, or is an unsecured debt obligation. Gov’t Code 2256.0204(a)

  • Global Bond means the registered global bond representing Original Bonds in the form or substantially in the form set out in Schedule 2 and/or as the context may require any global bond or note representing Further Bonds or any of them (and “Global Bonds” shall be construed accordingly);

  • Probation bond means a bond, posted with sufficient

  • covered bond means a debt security issued by any member of the banking group, for which repayment to holders is guaranteed by a SPV, and investors retain an unsecured claim on the issuer.

  • Subordinate Bonds means all Bonds but Senior Bonds.