Bank Bonds definition

Bank Bonds shall have the meaning ascribed thereto in Section 4.06(b)(i) hereof.

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 means any Bonds registered in the name of the Liquidity Facility Provider or any Bank Bondholder (as defined in the Initial Liquidity Facility) pursuant to Section 7.8(b) of this 2024B Series Indenture.

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.

• The Trustee shall promptly notify the Issuer and the Borrower in writing of the Bonds or portions thereof selected for redemption, provided, however, that in connection with any redemption of Bonds the Trustee shall select for redemption any Bonds held by the Trustee for the account of the Borrower or held of record by the Borrower prior to any Bonds other than Bank Bonds or Liquidity Provider Bonds.

• Euroclear, Clearstream, Luxembourg and OeKB CSD GmbH will maintain records of the beneficial interests in the Global Notes, or as the case may be, Pfandbriefe or Covered Bank Bonds.

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 2003 Series B Bonds purchased with funds provided by the Bank pursuant to a Liquidity Facility, other than Self Liquidity.

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 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;