Acquisition Bonds definition

Acquisition Bonds means the Bonds issued to provide funds for the acquisition of the water system, including any refunding of the Formation Bonds.
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Acquisition Bonds means Bonds issued by the Buyer primarily for the purpose of paying the Purchase Price or installments thereof and anticipated to be in an aggregate amount sufficient to produce Acquisition Bond Net Proceeds in an amount equal to the Purchase Price.
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Acquisition Bonds means the following, if secured by or payable from intangible
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Examples of Acquisition Bonds in a sentence

  • The rate case was also to ensure that rates were adjusted promptly to reflect the actual borrowing costs of the City Acquisition Bonds in the new ratemaking structure approved in the Acquisition Docket.

  • Debt Service Revenue Requirement - 0.1 (DSRR-0.1) repay the City for the $5,000,000 portion of the Acquisition Bonds used to fund the RSF was derived as part of PWW’s return on its rate base investment.

  • Therefore, a ratable share (based on PWW’s approved revenue requirement in its last full rate proceeding, DW 13-130) of the $5,000,000 RSF has been added to its previously apportioned share of the City Acquisition Bonds in order to derive the new annual CBFRR amount.

  • Upon any termination of this Agreement that would entitle the Buyer to recover the benefit of its bargain with the Seller, the Buyer and Seller agree that the value of the benefit of the bargain is speculative, is not readily subject to determination objectively and agree that the value of the benefit of the bargain to the Buyer is $5 Million, plus an amount equal to all transaction costs which the Buyer would have paid if the Closing and issuance of the Acquisition Bonds had taken place.

  • Order No. 25,292 at 30 (“the fund is intended to provide holders of the City Acquisition Bonds with reasonable assurances of the available cash to be used to pay debt service on the City Acquisition Bonds, similar to a debt service reserve fund, and will hence facilitate Nashua’s ability to borrow funds at reasonable interest rates, which will directly benefit customers in the form of a lower cost of capital”).

  • The Bus Acquisition Bonds were issued June 1, 1997, for the purpose of acquiring buses.

  • Seller shall assume responsibility for structuring the Acquisition Bonds to achieve the purpose of meeting the criteria in the sentence above.

  • Infrastructure Acquisition Bonds 2012 In 2012, the City issued $9,915,000 in limited-tax general obligation bonds for the purpose of (i) financing $6,785,000 public infrastructure improvements for LCIFA, and (ii) $3,130,000 public infrastructure improvements for PCIFA.

  • The Original Rate Structure approved in the Acquisition Order was intended to ensure that the utilities would charge rates sufficient to meet their operating requirements, to satisfy their apportioned share of debt service responsibility from the City Acquisition Bonds, and to pay their debt service obligations from borrowings to finance their capital needs.

  • The consideration for the Assets will be four hundred fifty-six million five hundred thousand ($456,500,000 , as may be adjusted as provided below in subsection 2.3(B) (the "Purchase Price")"), and as further may be adjusted as provided in the definition of "Acquisition Bonds Net Proceeds".


More Definitions of Acquisition Bonds

Acquisition Bonds means the following, if secured by or payable from intangible acquisition property, and issued by or on behalf of an issuing utility pursuant to a qualified rate order:
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Acquisition Bonds is defined in Section 2.06(a).
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Acquisition Bonds means the Sewer Revenue Bonds, Series of 2020, to be issued under the GJWA Trust Indenture, or any refunding bonds thereof. The undersigned, on behalf of the Buyer, hereby certifies that the foregoing calculations are true and correct and are subject to Section 8.18 of the APA. GREATER JOHNSTOWN WATER AUTHORITY By: Name: Title: THIS ACKNOWLEDGEMENT AND AGREEMENT REGARDING ANY FUTURE NON- GOVERNMENTAL SYSTEM TRANSFER (this “Agreement”), dated as of [Date of Governmental System Transfer Closing], is by [the Resulting Governmental Entity or the Receiving Governmental Entity, as the case may be] (“Transferee”) to and for the benefit of [The City of Johnstown, a political subdivision of the Commonwealth of Pennsylvania operating as a Third Class City under a Home Rule Charter or its successor or permitted assign, as the case may be] (“Original Seller”).
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Related to Acquisition Bonds

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Existing Bonds means the following obligations of Seller:

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

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

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • Transition bonds means bonds, notes, certificates of

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

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

  • 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.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

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

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • 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.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2022 Notes means the 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.