Issue of Bonds Sample Clauses

Issue of Bonds. A series of first mortgage bonds, which shall be designated the “5.300% First Mortgage Bonds due 2055” 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 Twelfth Supplemental Indenture (including the form of Bonds set forth in Exhibit A).

Issue of Bonds. The Company will issue 458,605,000 registered (Series C) Bonds, payable in 10 equal semi-annual installments, on September 1 of each of the years 2009 to 2018, inclusive (the first installment to be effected on September 1, 2009 and the last installment to be effected on September 1, 2018), bearing interest at the Uniform Interest Rate or at the New Uniform Interest rate (as such terms are defined in the Prospectus of the issuance of the Company of August 24, 2006), which shall paid in semi-annual installments on March 1 and September 1 of each of the years 2007 to 2018 (the first installment to be effected on March 1, 2007 and the last installment to be effected on September 1, 2018), linked (principal and interest) to the Consumer Price Index, 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 C) 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 C) Bonds first issued. Notwithstanding anything to the contrary anywhere in this Deed, an additional issue of (Series C) 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 approximately NIS 470 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 ...

Issue of Bonds. SECTION 1. There is no limit as to the maximum principal amount of Bonds of 7.90% 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 7.90% Series in the aggregate principal amount of $250,000,000, being the initial issue of Bonds of 7.90% Series, shall 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: (1) the certified resolution and the officers’ certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the officer’s certificate required by Section 7(a) of Article III of the Original Indenture as amended; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended. SECTION 3. Subsequent to the execution and delivery hereof and subject to Section 1 of this Part II, additional Bonds of 7.90% Series in an unlimited principal amount may be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered 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 such resolutions, certificates and opinions as are required by the terms of the Original Indenture as amended and compliance with all provisions of the Original Indenture as amended applicable to offerings of Bonds of 7.90% Series.

Issue of Bonds. A series of first mortgage bonds, which shall be designated the “3.10% First Mortgage Bonds due 2027” 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 Fifth Supplemental Indenture (including the form of 2027 Bonds set forth in Exhibit A). A series of first mortgage bonds, which shall be designated the “3.95% First Mortgage Bonds due 2047” 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 Fifth Supplemental Indenture (including the form of 2047 Bonds set forth in Exhibit B).

Issue of Bonds. (i) Notwithstanding any other provision of any Senior Finance Documents, UBF may have outstanding the high yield bonds which it issued on 17 April 2001 and the 2004 Bonds issued on 16 February 2004 (together, “Bonds”) provided that: (A) neither the Bonds nor the Bond Documents benefit from any Security Interest from or over all or any part of the assets of any member of the Group or from any guarantees other than a guarantee of the Bonds from Regentrealm subordinated as provided in the Intercreditor Deed; and (B) no amendment is made to the maturity date, the subordination provisions or any other material term of the Bond Documents without the consent of the Agent; (ii) UBF may not refinance any such Bonds other than by an issue of unsecured debt securities by UBF which are subordinated to or rank pari passu with existing Bonds and are not guaranteed or are guaranteed by Regentrealm provided that: (A) the terms of the new debt securities and Regentrealm guarantee for such debt securities are on substantially the same terms and terms no more favourable to the creditors of such Financial Indebtedness (including the terms set out in the Intercreditor Deed) than the terms of the Bonds and the guarantee in respect of the Bonds; (B) the net proceeds of the issue of such debt securities are used immediately to refinance the Bonds; (C) the annual cash coupon for the new debt securities and the remaining Bonds (if any) does not exceed the annual average cash coupon for the Bonds in issue on the 2004 Closing Date; and (D) the principal amount outstanding under the new debt securities and any remaining Bonds does not exceed the principal amount outstanding under the Bonds immediately prior to the issue of the new debt securities; (E) the parties to the Intercreditor Deed have entered into a supplemental deed to make such amendments as are required to ensure that the further debt securities to be issued and any related guarantee or loans between members of the Group are contractually subordinated to the same extent as the Bonds; and (F) the maturity date of the new debt securities falls on or after the maturity date of the Bonds.

Issue of Bonds. 19 PART IV.

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]$. 2.2 Upon issue of Bonds pursuant to Paragraph 2.1, the Debt Fund shall be deemed to be a Senior Lender and shall thereupon be entitled to all the rights and privileges of a Senior Lender under the Concession Agreement. 2.3 The tenor of the Bonds shall be such that at least 50% (fifty per cent) and 75% (seventy five per cent) of the total nominal value thereof shall be fully redeemed by the Concessionaire no later than the expiry of 75% (seventy five per cent) and 85% (eighty five per cent) of the Concession Period respectively and the balance, if any, shall be redeemed no later than 2 (two) years prior to the expiry of the Concession Period. 2.4 Subject to the provisions of this Agreement, the tenure, rate of interest and other commercial terms of the Bonds shall be determined by mutual agreement between the Debt Fund and the Concessionaire. $ All portions enclosed in square parenthesis in paragraph 2.1, 3.5 and 4.1 of this Agreement may be omitted by the Authority if it does not wish to extend the cover hereunder beyond 85% of the Debt Due. 2.5 The Bonds shall be in denomination of Rs. 100,000 (Rupees one lakh) each or such smaller denomination as the Debt Fund and the Concessionaire may determine, but not less than Rs, 10,000 (Rupees ten thousand) in any case. 2.6 Subject to the provisions of Paragraph 4.1, the Debt Fund and the Concessionaire may, with prior written approval of the Authority, which approval the Authority may in its sole discretion deny, allocate and bear the foreign exchange risks for and in respect of any foreign-exchange denominated Bonds, in such manner as they may mutually agree.[ For the avoidance of doubt, the Parties expressly agree that if the foreign exchange risk for any or all Bonds is borne by the Concessionaire, the Termination Payment to be made by the Authority for and in respect of such Bonds shall be adjusted to cover the variation between...

Issue of Bonds. The Company has authorized the issue of Twelve Million Dollars ($12,000,000) in aggregate principal amount of its First Mortgage Bonds, Series C, 6.10%, due December 1, 2024 (herein called the "Bonds"). The Bonds will be issued under and pursuant to the Third Amendment and Supplement to Indenture of Mortgage dated February 14, 1992 (the "Third Supplemental Indenture"), dated as of December 15, 2004, between the Company and ▇▇▇▇▇ Fargo Bank, N.A., as trustee (the "Trustee"). The Third Supplemental Indenture modifies and amends that certain Indenture of Mortgage, dated February 14, 1992 (the "Original Indenture"), between the Company and Sunwest Bank of Albuquerque, National Association, which later became Nations Bank, N.A., predecessor to ▇▇▇▇▇ Fargo Bank New Mexico, N.A., predecessor to the Trustee. The Original Indenture was amended by (i) the First Supplement to Indenture of Mortgage dated February 14, 1992 (the "First Supplemental Indenture"), dated as of May 15, 1992, (ii) the Second Amendment and Supplement to Indenture of Mortgage dated February 14, 1992 (the "Second Supplemental Indenture") dated as of October 21, 1996, and (iii) the Third 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: (a) will be in the amount of One Thousand Dollars ($1,000) or an integral multiple thereof; (b) will bear interest (computed on the basis of a 360-day year of twelve 30-day months) on the unpaid principal balance thereof from the date of the Bond at the rate of percent 6.10% per annum, payable semiannually on the first (1st) day of each June and December in each year commencing on the first Interest Payment Date next succeeding the date of such Bond until the principal amount thereof will be due and payable; provided that interest on any overdue principal, overdue Redemption Price and (to the fullest extent permitted by applicable law) overdue interest, shall accrue at a rate equal to the lesser of (i) the highest rate allowed by applicable law or (ii) six and ten hundredths percent (6.10%) per annum; (c) will mature on December 1, 2024; and (d) wi...

Issue of Bonds. 5.4.1 If the conditions set out in this Agreement have been met the relevant Issuing Bank shall issue the relevant Bond on the Utilisation Date. 5.4.2 The amount of each Bank’s participation in each Bond will be equal to the proportion borne by its Available Commitment to the Available Facility immediately prior to the issue of the Bond. 5.4.3 The Agent shall determine the Base Currency Amount of each Bond which is to be issued in an Optional Currency and shall notify (a) the Company of the Base Currency Amount of such Bond and (b) the relevant Issuing Bank and each Bank of the details of the requested Bond and the amount of its participation in that Bond, in each case by the Specified Time. 5.4.4 A renewal or extension of a Bond shall be treated in the same manner as if the issue of a new Bond were being requested save that Clauses 5.2.1(b), (c) or (f) shall not apply. 5.4.5 An Issuing Bank and all the Banks may agree, in their sole discretion, to issue a Bond on behalf of a member of the Group which is not an Indemnifying Company.