Bank Bond definition

Bank Bond means any 2024 Series A Variable Rate Bond for which the Purchase Price has been paid with moneys provided under a Liquidity Facility, as described in Section 804 of Appendix A hereto.

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Bank Bond or “Purchased Bond” means any Multi-Modal Bond held pursuant to a Standby Agreement. The terms of Purchased Bonds are not described in detail in this Official Statement.

Bank Bond means a Purchased Bond purchased by a Subseries Bank.

Examples of Bank Bond in a sentence

In addition to the foregoing provisions for the redemption of Bonds, any Bank Bond shall be subject to redemption at the time and in the amount and at the price specified in the Reimbursement Agreement related thereto.
Capitalized terms used but not defined herein are defined in Appendix X to the Sale and Servicing Agreement, dated as of August 30, 2001, among M&I Bank, Bond Securitization, L.L.C., as the depositor (the "Depositor"), the Owner Trustee and the Indenture Trustee (the "Sale and Servicing Agreement"), which also contains rules as to construction that shall be applicable herein.
Project) issued by the Board in the original principal amount of $83,500.00 (the "City Bank Bond").
When the Letter of Credit has been reinstated with respect to the draw made to purchase any Bank Bond, such Bond shall be registered and delivered as provided in Section 6.6(e)(1) or, if not remarketed, as provided in Section 6.6(e)(2).
Notwithstanding any other provision of this Indenture, including any provision of this Section 2.03 relating to the determination of interest rates on the Bonds, but subject to Section 5.15 of the Agreement, any Bank Bond shall bear interest at the rate, payable at the times and in the manner, specified in the related Reimbursement Agreement.

More Definitions of Bank Bond

Bank Bond or “Purchased Bond” means any Multi-Modal Bond held pursuant to a Standby Agreement.

Bank Bond. ’ or ‘‘Purchased Bond’’ means any Multi-Modal Bond held pursuant to a Liquidity Facility. The terms of Purchased Bonds are not described in detail in this Official Statement.

Bank Bond means any 2021 Series L Bond for which the Purchase Price has been paid with moneys provided under a Liquidity Facility, as described in Section 804 of Appendix A hereto.

Bank Bond or “Purchased Bond” means any Adjustable Rate Bond of a Series (or beneficial interest therein) during the period from and including the date moneys paid by the Bank under the Liquidity Facility are applied (or set aside for application) to the payment of the Purchase Price of such Bond pursuant to the Sixteenth Supplemental Indenture to but excluding the date such Bond ceases to be a Bank Bond or Purchased Bond at the time and in the manner described in such Liquidity Facility (whether by reason of the remarketing thereof by the Remarketing Agent or otherwise as specified in such Liquidity Facility).

Bank Bond means a senior bond issued by a credit institution and traded on a regulated market where the capital amount invested is guaranteed by the issuer and, for the avoidance of doubt, does

Bank Bond means a senior bond issued by a credit institution and traded on a regulated market where the capital amount invested is guaranteed by the issuer and, for the avoidance of doubt, does not include any bond that is subordinated to any other liability of that credit institution;”,

Bank Bond means any Bond of a Series during any period commencing on the day such Bond is owned by or held on behalf of the Liquidity Facility Issuer or its permitted assignee as a