Issue of Bonds. Issue of bonds by the Subconcessionaire shall obtain the permission of the government.
Issue of Bonds. The Company will issue registered Series B Bonds, unlimited in amount, payable in 10 equal semi-annual installments, on August 20 and February 20 of each of the years 2009 to 2014, inclusive (the first installment to be effected on August 20, 2009 and the last installment to be effected on February 20, 2014), bearing varying interest on the basis of the rate of the Libor interest (as defined above) plus 2.65% per annum, payable in semi-annual installments on August 20 and February 20 of each of the years 2006 to 2014 (the first installment to be effected on August 20, 2006 and the last installment to be effected on February 20, 2014), linked (principal and interest) to the Representative Rate of the Dollar as of the Base Rate, all pursuant to the terms set forth in the Bond attached as Appendix A hereto. The Bonds are offered within a transaction that does not constitute a public offering in the United States, within the meaning thereof in the 1933 US Securities Law, as may be amended from time to time (hereinafter: the "US LAW"). The Bonds will not be submitted for registration with the US Securities Authority or any other securities authority of any state in the United States. The Bonds may not be offered or sold under US Law by any holder other than in accordance with exemption from the registration requirements in the United States, or within a transaction which is not subject to the registration requirements, under the US Law, or any securities law applicable in the pertinent state in the United States. Increase in the series - The Company may issue, at any time and from time to time, without the approval of either the Bondowners or the Trustee, including to the Company's subsidiary, pursuant to the provisions of any law, additional Bonds with identical terms to those of the Series B Bonds, at such a price and in such a manner as the Company finds fit. Provided that this Deed will apply to all such additional Bonds to be issued by the Company and that they shall be deemed as the Series B Bonds first issued. Notwithstanding anything to the contrary anywhere in this Deed, an additional issue of Series B Bonds exceeding the scope rated by a Rating Company within the framework of this Series (as of the date of this Deed, the sum totals NIS 630 million), shall be effected subject to another rating by a Rating Company and subject further that such additional issue of Bonds of the same Series shall not adversely affect the rating of the Bonds first issued un...
Issue of Bonds. A series of first mortgage bonds, which shall be designated the “4.25% First Mortgage Bonds due 2046” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Third Supplemental Indenture (including the form of Bonds set forth in Exhibit A).
Issue of Bonds. A series of first mortgage bonds, which shall be designated the “5.350% First Mortgage Bonds due 2034” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Eleventh Supplemental Indenture (including the form of 2034 Bonds set forth in Exhibit A). A series of first mortgage bonds, which shall be designated the “5.850% First Mortgage Bonds due 2054” shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Eleventh Supplemental Indenture (including the form of 2054 Bonds set forth in Exhibit B).
Issue of Bonds. Section 1. Except for Bonds of ____ Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of ____ Series which may be authenticated and delivered hereunder is limited to $___,000,000 aggregate principal amount.
Issue of Bonds. 19 PART IV.
Issue of Bonds. The Company has authorized the issue of Fifteen Million Dollars ($15,000,000) in aggregate principal amount of its First Mortgage Bonds, Series D 5.64%, due October 1, 2024 (herein called the "Bonds"). The Bonds will be issued under and pursuant to the Fourth Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the "Fourth Supplemental Indenture"), dated as of October 19, 2004, between the Company and U.S. Bank National Association, as trustee (the "Trustee"). The Fourth Supplemental Indenture modifies and amends that certain Indenture of Mortgage and Deed of Trust dated October 1, 1986 (the "Original Indenture") between the Company and Security Pacific National Bank, a national banking association, predecessor to Bank of America NT & SA, predecessor to U.S. Bank Trust National Association (originally named First Trust of California, National Association), predecessor to the Trustee. The Original Indenture was amended by (i) the First Amendment and Supplement to Indenture of Mortgage and Deed of Trust Dated October 1, 1986 (the "First Supplemental Indenture"), dated as of February 7, 1990, (ii) the Second Amendment and Supplement to Indenture of Mortgage and Deed of Trust dated October 1, 1986 (the "Second Supplemental Indenture"), dated as of January 24, 1992, (iii) the Third Amendment and Supplement to Indenture of Mortgage and Deed of Trust dated October 1, 1986 (the "Third Supplemental Indenture") dated as of October 9, 1996 and (iv) the Fourth Supplemental Indenture (the Original Indenture as so amended and as may be further amended from time to time, being the "Indenture"). The Bonds will be secured pursuant to and entitled to all of the benefits of the Indenture. Certain capitalized terms used in this Agreement are defined in Section 5.1 of this Agreement; references to a "Schedule," "Annex" or "Exhibit" are, unless otherwise specified, to a Schedule, Annex or Exhibit attached to this Agreement. Each Bond:
Issue of Bonds. 2.1 The Parties agree that the Concessionaire may, in accordance with the provisions of this Agreement, issue Bonds for the amounts subscribed by the Debt Fund; provided that the total value of such Bonds shall not exceed 85% (eighty five per cent) of the Debt Due (as specified in Schedule II) forming part of the Total Project Cost; [provided further that the Concessionaire may, with prior written approval of the Authority, which approval the Authority may in its sole discretion deny, issue additional Bonds for a total value not exceeding 15% (fifteen per cent) of the said Debt Due]$.
Issue of Bonds debentures, etc., at discount, etc., or with special privilege ....... ..... ..... 86 19 Mortgage of uncalled capital ....... ..... ..... 87 19
Issue of Bonds. Section 1. There is no limit as to the maximum principal amount of Bonds of 4.27% Series or Bonds of 4.31% Series that may be authenticated and delivered by the Trustee or which may at any one time be outstanding, except as the Original Indenture as amended limits the principal amount of Bonds which may be issued thereunder. Section 2. Subsequent to the execution and delivery hereof, Bonds of 4.27% Series in the aggregate principal amount of $100,000,000, being the initial issue of Bonds of 4.27% Series and Bonds of 4.31% Series in the aggregate principal amount of $100,000,000, being the initial issue of Bonds of 4.31% Series, shall each forthwith be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: A-19
