While the class III bonds are secured by the assets and revenues of the trust indenture
, their rating reflects the 'A+' rating assigned to the creditworthiness of the association's GO pledge.
Amended and Restated 1999 Indenture
of Trust (1994) (ME) 1994
The proposed amendments to the indenture
governing the Notes would (i) eliminate most of the indenture
's principal restrictive covenants, (ii) change the time by which the Company must provide its annual report for the year ended December 31, 2006 to the holders of the Notes from 90 days after December 31, 2006 to 120 days after December 31, 2006 (the "Reporting Provision"), (iii) provide for the increased interest rate on the Notes if the Company elects to extend the Expiration Date as described above (the "Interest Rate Provision") and (iv) amend certain other provisions contained in the indenture
Although EFI reserves the right to take any action it deems appropriate, and has not conceded that any default has occurred under the indenture
, EFI currently expects that, upon a valid acceleration (if any) of the Debentures, it would repay all outstanding amounts due thereunder.
New York time) on October 24, 2006 of its Senior Notes, to approve a proposed amendment to the indenture
for its Senior Notes to extend the time for the Company to file the Third Quarter 10-Q no later than February 23, 2007.
If Impsat receives the required consents and signs the supplemental indentures
, Impsat will make cash payments to each record holder of Notes that validly consents to the proposed amendments and does not revoke such consent, other than holders whose Notes are not deemed to be outstanding under the indentures
governing the Notes for purposes of the consents, in the amount of $2.
Under the master trust indenture
, management was required to set aside debt service reserve funds for subordinate lien bonds, which are secured by a pledge of subordinate airport system net revenues and an irrevocable commitment of receipts under a $44.
KB Home has notified the senders of this letter, and the trustee under the Indenture
, that the letter does not satisfy the indenture
requirements for a notice of default, in part because the letter fails to take into account the 15 day period following the Securities and Exchange Commission filing date as specified in the reporting covenant at issue.
NTL Cable PLC is soliciting the consent of holders of the 2004 Notes to conform the reporting obligations under the 2004 Notes Indenture
to the reporting obligations under the 2006 Notes Indenture
Kansas City Southern ("KCS") (NYSE:KSU) today announced that its wholly owned subsidiary, The Kansas City Southern Railway Company ("KCSR"), has received the requisite number of consents necessary to amend the KCSR indentures
time, Friday, February 9, 2007.
s (Motorola) market capitalization over the past few months to below $50 billion, Fitch Ratings has examined LBO risk for Motorola by assessing the level of bondholder protection provided by bond indentures
, specifically change of control provisions and limitations on secured debt.