Bank Bonds definition

Bank Bonds means any Bonds registered in the name of the Liquidity Facility Provider pursuant to Section 7.8(b) of this 2017 Series A/B Indenture.
Bank Bonds means Variable Rate Bonds purchased with funds provided by the Bank pursuant to a Liquidity Facility until such 202_ Series - Bonds are remarketed.
Bank Bonds shall have the meaning ascribed thereto in Section 4.06(b)(i) hereof.

Examples of Bank Bonds in a sentence

  • Notwithstanding the foregoing, upon the receipt of the proceeds of a remarketing of Bank Bonds, the Paying Agent shall immediately pay such proceeds to the Liquidity Facility Provider to the extent of any amount owing to the Liquidity Facility Provider.

  • Bank Bonds shall not bear interest at the Bank Rate after such Bonds have been remarketed unless such Bonds shall again become Bank Bonds.

  • Interest on Bank Bonds shall be payable as provided in the Liquidity Facility.

  • In addition to redemption pursuant to this Article III, Bank Bonds are subject to redemption in accordance with the terms of the Liquidity Facility.

  • Interest on Bank Bonds shall be calculated in accordance with the terms of the Liquidity Facility.


More Definitions of Bank Bonds

Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.
Bank Bonds means any VRDOs that were tendered for purchase by a bondholder and were put to the GSEs under a TCLF and have not yet been remarketed to a new bondholder, whether or not the GSEs have issued GSE Securities backed by such Bank Bonds.
Bank Bonds means 2003 Series B Bonds purchased with funds provided by the Bank pursuant to a Liquidity Facility, other than Self Liquidity.
Bank Bonds means Bonds which have been purchased with the proceeds of a draw on the Letter of Credit, until such Bonds no longer constitute Bank Bonds pursuant to the terms of this Agreement.
Bank Bonds means the not to exceed $10,000,000 Mississippi Development Bank Special Obligation Bonds, Series 2020 (Tupelo, Mississippi General Obligation Bond Project), authorized to be issued in one or more series by the Bank pursuant to the Bank Act and the terms and conditions of the Indenture.
Bank Bonds means senior bonds issued by a credit institution and traded on a regulated market where the capital amount invested is guaranteed by the issuer;
Bank Bonds means the 9 per cent. bonds issued by the Bank in an aggregate amount of KZT 645 billion in March 2009 to Samruk-Kazyna in exchange for all of the SK Bonds;