Viking Bond definition

Viking Bond means the face value, to be $250 to $275 million depending on marketing conditions, of the bond financing or other credit facility arranged by Viking to complete the purchase of the Acquired Interests and to facilitate the payment of the New Rise Liabilities and completion of the remainder of the Plant to and beyond the Commercial Operation Date.
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Examples of Viking Bond in a sentence

  • Prior to the Closing Date the Parties shall agree: (i) to the procedures associated with determining the actual New Rise Liabilities and adjustment process (the “Purchase Price Adjustment Mechanism”); and (ii) the New Rise Liabilities to be paid on the Closing Date from the proceeds of the Viking Bond (the “Closing Date Liability Payments”).

  • The aggregate amount to be paid for the Acquired Interests shall be the Appraised Value of the Acquired Interests less the amount of the Viking Bond (the “Purchase Price”).

  • Prior to the Closing Date, the Parties shall agree: (i) to the procedures associated with determining the actual New Rise Liabilities and adjustment process (the “Purchase Price Adjustment Mechanism”); and (ii) the New Rise Liabilities to be paid on the Closing Date from the proceeds of the Viking Bond (the “Closing Date Liability Payments”).

  • Sincerely, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Bond Operations Manager Viking Bond Service, Inc.