Refunding Securities definition

Refunding Securities means Federal Securities and Prerefunded Obligations.
Refunding Securities means the investments set forth in paragraphs 1 and 9 of Permitted Investments.
Refunding Securities means United States Obligations and Prerefunded Obligations.

Examples of Refunding Securities in a sentence

  • In April 2016, Sierra Pacific issued $400 million of its 2.60% General and Refunding Securities, Series U, due May 2026.

  • The net proceeds were used, together with cash on hand, to pay at maturity the $450 million principal amount of 6.00% General and Refunding Securities, Series M, in May 2016.

  • To provide collateral security for its obligations, Sierra Pacific issued its General and Refunding Securities, Series V, Nos.

  • The net proceeds will be used, together with cash on hand, to pay at maturity the $450 million principal amount of 6.00% General and Refunding Securities, Series M, maturing in May 2016.

  • The $248 million in net proceeds was used, together with cash on hand, to pay at maturity the $250 million principal amount of its 5.45% Series Q General and Refunding Securities, which matured in September 2013.

  • Long-Term Debt In April 2016, Sierra Pacific issued $400 million of its 2.60% General and Refunding Securities, Series U, due May 2026.

  • The City has appropriated $51,719.00 and $165,520.00 of the funds in the debt service account for the Series 2004 Bonds and the Series 2007 Bonds, respectively, for payment of a portion of the purchase price of the 2014A Current Refunding Securities.

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  • The deposit of the Escrow Securities in the Escrow Fund shall constitute an irrevocable deposit of Refunding Securities (as defined in the Series 2004A Supplemental Trust Agreement) in trust solely for the payment of the principal of, redemption premium, if any, and interest on the Refunded Certificates at such times and in such amounts as set forth in Exhibit B to the Verification Report, and the principal of and interest earnings on such Escrow Securities shall be used solely for such purpose.

  • Upon the advice of the Board's financial advisor, the Escrow Fund may be funded with cash or Refunding Securities.


More Definitions of Refunding Securities

Refunding Securities means Federal Securities and, to the extent approved in writing by the Insurer, if any, Prerefunded Obligations.
Refunding Securities means Federal Securities and Municipal Obligations. "Registrar" means any registrar (which may include the Agency or the City) for
Refunding Securities means the United States Obligations and the Prerefunded Obligations. “Registrar” shall mean any registrar for the Bonds appointed by or pursuant to this Resolution and
Refunding Securities means the Federal Securities and other investments approved in writing by the Insurer.
Refunding Securities means the common equity, debt or convertible debt securities to be issued and sold by the Borrower in accordance with the Fee Letter, the net proceeds of which would be used to repay the Loans and all related accrued and unpaid interest and fees and other Obligations and other amounts due in respect thereof or hereunder in full.

Related to Refunding Securities

  • Outstanding Securities with respect to any Income PRIDES or Growth PRIDES, means, as of the date of determination, all Income PRIDES or Growth PRIDES evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Existing Securities means, collectively, the Equity Securities and the Debt Securities.

  • Outstanding Voting Securities of any Person means the outstanding securities of such Person entitling the holders thereof to vote generally in the election of directors of such Person.

  • Controlling Securities means (i) the Class A Notes so long as the Class A Notes are outstanding, (ii) after the Class A Notes are no longer outstanding, the Class B Notes so long as the Class B Notes are outstanding and (iii) after the Class B Notes are no longer outstanding, the Class C Notes so long as the Class C Notes are outstanding.

  • Qualifying Securities means securities issued by the Issuer that:

  • APM Qualifying Securities means, with respect to an Alternative Payment Mechanism, any Debt Exchangeable for Preferred Equity or any Mandatory Trigger Provision, one or more of the following (as designated in the transaction documents for any Qualifying Capital Securities that include an Alternative Payment Mechanism or a Mandatory Trigger Provision or for any Debt Exchangeable for Preferred Equity, as applicable):

  • Closing Securities shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Outstanding Debt means all the amounts, as adjusted from time to time, outstanding to the members of the CoC who will give their consent for approval of the Resolution Plan of the Successful Resolution Applicant, and as such amount is mentioned in the Information Memorandum.

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Series of Notes means the Notes and the Series of Notes secured by this Agreement as the same exist on the Effective Date, without giving effect to any amendments or modifications to said Notes or Series of Notes effected or made after any such Effective Date unless such amendments or modifications to said Notes or Series of Notes have been consented to in writing by Principal Life.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.