Tranche of Bonds definition

Tranche of Bonds or “Bonds of a Tranche” means all Bonds designated as being of the same tranche issued and delivered on original issuance in a simultaneous transaction, and any Bonds thereafter delivered in lieu thereof or in substitution therefor pursuant to this Bond Indenture.
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Tranche of Bonds has the meaning specified in Section 1.01 of the Bond Indenture.
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Examples of Tranche of Bonds in a sentence

  • In addition, this Agreement may be amended in writing by the Seller and the Issuer with (i) the prior written consent of the Indenture Trustee, (ii) the satisfaction of the Rating Agency Condition, and (iii) if any amendment would adversely affect in any material respect the interest of any Holder of the Bonds, the consent of a majority of the Holders of each affected Tranche of Bonds.

  • Furthermore, the Bondholders will be represented by the Collateral Agent in all matters, relating to the collateral (if applicable in case of particular Tranche of Bonds).

  • FINAL TERMS AND DRAWDOWN PROSPECTUS In the following paragraphs, the expression “necessary information” means, in relation to any Tranche of Bonds, the information necessary to enable investors to make an informed assessment of the assets and liabilities, financial position, profits and losses and prospects of the Issuer and of the rights attaching to the Bonds.

  • The obligation to provide the letter of credit facility will be released upon receipt of written confirmation from each of the Rating Agencies that the termination of the letter of credit facility will not result in any downgrade of the then current rating of any Tranche of Bonds or any Financial Indebtedness under any Supported Agreement (the “LC Release Conditions”).

  • When this term adjourns and if there is need to issue any additional bonds by the Issuer, the respective corporate decisions would be taken and the new prospectus would be drafted and provided for approval with the Bank of Lithuania.Each Tranche of Bonds under the Programme will be of fixed and middle term and may have a maturity between 1 (one) and 5 (five) years or such other maturity as the Issuer decides, but in any case not shorter than 12 (twelve) months.

  • As used herein, Tranche means Bonds which are identical in all respects (including as to listing and admission to trading) and Series means a Tranche of Bonds together with any further Tranche or Tranches of Bonds which (a) are expressed to be consolidated and form a single series and (b) have the same terms and conditions or terms and conditions which are the same in all respects save for the amount and date of the first payment of interest thereon and the date from which interest starts to accrue.

  • Guaranteed Bonds is defined as any Bonds issued under the Programme in respect of which the Guarantor has, in its sole discretion, issued a Guarantee Certificate (being a certificate confirming that a Tranche of Bonds issued under the Programme will benefit from the guarantee under the Bond Guarantee).

  • The appropriate Common Code and ISIN for each Tranche of Bonds allocated by Euroclear and Clearstream, Luxembourg will be specified in the applicable Pricing Supplement.

  • See Condition 8 (Redemption, Purchase and Cancellation).Should any particular Tranche of Bonds, be redeemed early, this may have a negative effect on the yield to maturity of the remaining Bonds.

  • Additionally, an investor may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as that of the relevant Bonds which have been so redeemed.In particular, upon prepayment of any IBLA Advance by the Company, the Issuer will be required to apply such proceeds to redeem the corresponding Tranche of Bonds, thereby requiring a surrender of all or part of the Bonds of the relevant Tranche which are outstanding at such time.

Related to Tranche of Bonds

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

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

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • 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.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Notes is defined in Section 1.1.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

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

  • Tranche A Note shall have the meaning given to it in Section 2.2 of the Credit Agreement.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.