Examples of Subordinate Notes in a sentence
If the Additional Notes are to be parity Senior Notes or parity Subordinate Notes, the Credit Provider consent(s) and Rating Confirmation(s) required pursuant to paragraph (4) above.
Ms. Louise Venables presented the SHREC Bond structure (for cash flow requirements) which is a bond in two ‘classes’; Class A, Senior Notes valued at $36.8 million and Class B, Subordinate Notes valued at $1.8 million.
Subordinate Notes were retired September 30, 1999 OperationsThe Project Account was established:• Pay the 104 Western Alignment's ongoing administrative cost.• Pay operating and maintenance costs for Cobequid Pass.
The remaining debt service for the 2008 Subordinate Notes was $4,034,388 while the debt service for the 2009 Series B COP related portion was $4,007,789; resulting in the aggregate difference in debt service amount of $26,599.
Business-Type Activities, Continued 2009 – Certificates of Participation Series B COP were issued in the principal amount of $10,250,000 to refinance the City's outstanding 2008 Subordinate Notes and 2005 bank note installment sale agreement.