Subordinated Bonds definition

Subordinated Bonds means any bonds or indebtedness of the District that have a lien, charge, pledge or encumbrance on the Net Taxes junior and subordinated to the lien, charge, pledge and encumbrance thereon for the Bonds and any Parity Bonds.

Subordinated Bonds means bonds or indebtedness issued or incurred pursuant to Section 206A and shall also mean any Subordinated Parity Bond Anticipation Notes and any Parity Reimbursement Obligation incurred with respect to Subordinated Bonds.

Subordinated Bonds means the unsecured bonds where the rights of the bondholders are prescribed to be subordinate to those of the ordinary creditors.

Examples of Subordinated Bonds in a sentence

• Through SBS Resolution 2315-2015, dated April 24, 2015, the SBS authorized the issuance of the Scotiabank Peru's First Subordinated Bonds Program up to an amount of US$ 400,000 thousand or the equivalent in soles; these bonds qualifies as a tier 2 capital.

• Such Subordinated Bonds shall contain an express statement to the effect that payment of the principal of and interest on such Subordinated Bonds is subordinate in all respects to the payment of the principal of and interest on Bonds and that the lien and security interest on the Trust Estate established for the benefit of such Subordinated Bonds is subordinate in all respects to the lien and security interest on the Trust Estate created for the benefit of Bonds.

• Funds on deposit in the Debt Service Reserve Fund shall be excluded from the Trust Estate pledged for the benefit of such Subordinated Bonds and shall not be applied to the payment of principal of or interest on such Subordinated Bonds.

• During the final two years, students may choose to complete a number of special educational opportunities including collaborations, off-campus study, internships for academic credit and independent study projects.

• The Subordinated Bonds in USD 2013/2014/2015 were issued by CB Uniastrum Bank LLC and mature as follows: USD 2 million on 31 December 2013, USD 2,5 million on 31 December 2014 and USD 2 million on 31 December 2015.

More Definitions of Subordinated Bonds

Subordinated Bonds means Bonds which are purchased by or at the direction of Borrower with the consent of the Permanent Lender pursuant to Section 2.9(9) hereof.

Subordinated Bonds means any bonds issued by the Issuer which pursuant to the Issuer Deed of Charge rank in point of payment and security subordinate to the Class A Bonds and the Class B Bonds.

Subordinated Bonds means any bonds, notes or other evidences of indebtedness issued on a subordinate basis pursuant to the Trust Agreement.

Subordinated Bonds means the Class B-1 Bonds and the Class B-2 Bonds.

Subordinated Bonds means any Bonds designated as such by the Authority.

Subordinated Bonds means any bonds or other financing instrument or obligation issued pursuant to the Subordinated Indenture. Subordinated Indenture shall mean the Master Indenture of Trust dated March 1, 1988, securing the Authority's General Airport Subordinated Revenue Bonds, as such may be supplemented or amended. Substantial Completion Date (and "Substantially Complete") shall mean the date that any Premises are ready to be moved into and occupied by the Airline, or any Project is substantially complete, as certified by the Authority's Architects and Engineers.

Subordinated Bonds means any Series of Bonds evidencing or securing Subordinated Debt.