Tranche B Bonds definition

Tranche B Bonds is defined in Section 1 herein.
Tranche B Bonds means series of bonds pursuant to this Bond Agreement constituting FRN Island Offshore Shipholding L.P. Tranche B Senior Unsecured Callable Bond Issue 2016/2019, with ISIN NO 001 [•].
Tranche B Bonds means the US$100,000,000 in aggregate principal amount of the convertible bonds due 2023 issued by the Company (including any additional bonds in an aggregate principal amount which, together with the aggregate principal amounts of such bonds and Tranche A Bonds, is equal to or less than US$300,000,000, that are consolidated and form a single series with such bonds) pursuant to the Tranche B Bond Instrument.

Examples of Tranche B Bonds in a sentence

  • Mr. Moore said when this phase was originally designed it was a cul-de-sac, but was redesigned because the Commission wanted a looped street.

  • Tranche B Bonds: In the amount of 10% of principal amount of outstanding bonds.

  • No payments on Tranche B Bonds will be made until Tranche A Bonds are paid in full and will cease after the Tranche B Bonds mature, and then interest and principal will be paid only to the extent the Transition Charge collected is sufficient to make such payments; andFailure to make payments when due on the Securitization Bonds does not cause any increase in the Transition Charge or in interest rates on the Securitization Bonds.• Settlement Payments.

  • The term of the Tranche B Bonds is three years extendable for two one-year periods.

  • The first US$10 million principal amount of Tranche A Bonds was drawn down on August 14, 2015 and a second tranche of US$8 million principal amount Tranche B Bonds was drawn down on November 10, 2015.

  • In November, 2013, the Company proceeded to voluntary repayment of Tranche B Bonds amounting to €1,000, using own funds.

  • If it is assumed that they are going to earn an average interest rate of 7.85% [7.85% is the midpoint between the proposed coupon of 7.00% for tax-exempted Tranche B Bonds and 8.75% for non-tax exempted Tranche B Bonds], then the initial principal of $904.2 for Tranche B Bonds, will grow to become a principal of $20,226 million (for Tranche B Bonds) by the 40th year of the RSA Tranche A Bonds.

  • An Alternative Approach to Restructure PREPA DebtThe RSA does not explain the reasons for restructuring debt in their two kinds of securitized bonds, Tranche A and Tranche B Bonds.

  • The Tranche B Bonds are convertible, at the option of GRF, at any time during the period commencing four months and a day following the date of issuance of the Tranche B Bonds up to the date that is 10 days prior to the date of maturity of the Tranche B Bonds, into Shares at a conversion price of CAD$0.85 per Share.

  • Save for the extended outside date for purchase, the terms and conditions of the Tranche C Bonds will be identical to those of the Tranche B Bonds.


More Definitions of Tranche B Bonds

Tranche B Bonds means bonds in registered form comprising the US$47,000,000 bonds due 2008 constituted by this Trust Deed represented by the Tranche B Certificates and for the time being outstanding or, as the context may require, a specific number or principal amount of them and includes any replacement Certificates issued pursuant to the Conditions; and
Tranche B Bonds means the debt instruments issued under Tranche B, with ISIN NO 0012899295.
Tranche B Bonds means the debt instruments issued under Tranche B, with ISIN NO 0011097305.
Tranche B Bonds means those certain tax-exempt bonds listed on Schedule III under the heading “Tranche B Bonds” purchased and held by Bond Purchasers hereunder, as such schedule may be updated from time to time.

Related to Tranche B 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.

  • Tranche A Notes is defined in Section 1.1.

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

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

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

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

  • 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.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

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

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

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

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

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).