Bond Anticipation Obligations definition

Bond Anticipation Obligations means Evidences of Indebtedness and renewals thereof to be paid from the proceeds of a series of bonds previously authorized when issued or from other funds that may be available for that purpose.

Bond Anticipation Obligations means those Evidences of Indebtedness which are issued pursuant to Section 2.4 of this Resolution.

Bond Anticipation Obligations means Bonds issued in anticipation of the sale of a Series of Bonds in a principal amount not exceeding the principal amount of such Series of Bonds and payable from the proceeds of the sale of the Series of Bonds in anticipation of which such Bond Anticipation Obligations are issued, which may be payable, in whole or in part, from Pledged Receipts, at the discretion of the Authority, as set forth in a Supplemental Trust Indenture.

Examples of Bond Anticipation Obligations in a sentence

• The Corporation, having first adopted a Supplemental Resolution authorizing the issuance of a series of Bonds and pending such issuance, may issue Bond Anticipation Obligations and renewals thereof (including Interim Obligations to the Secretary of the Treasury) to be paid from the proceeds of such series of Bonds when issued or from other funds that may be available for that purpose.

• To assist in financing its Power Program the Corporation may issue Evidences of Indebtedness other than Bonds and Bond Anticipation Obligations, which may be payable out of Net Power Proceeds subject to the provisions of Section 2.3 hereof, but no such other Evidences of Indebtedness shall rank on a parity with or ahead of the Bonds as to payments on account of the principal thereof or rank ahead of the Bonds as to payments on account of the interest thereon.

• Any occurrence which indicates a possible deterioration in the quality of the loan must immediately be reported to the Loan Review Committee with specific details as to the condition of the loan and the remedial action taken or proposed.

• The Borrower shall use the proceeds of the Bond Anticipation Obligations included in the Initial Obligations solely to pay, or to reimburse the Borrower for, Project Costs and to fund reserves under the Indenture.

• The term "Bond" or "Bonds" includes, without limitation, notes, Bond Anticipation Obligations, commercial paper, Hedge Payments, and other securities, contracts or obligations incurred through lease, installment purchase or other agreements, including any Reimbursement Agreements, or certificates of participation therein, in each case to the extent secured by this General Trust Indenture.

• The term "Bond" or "Bonds" includes, without limitation, notes, Bond Anticipation Obligations, Hedge Payments, and other securities, contracts or obligations incurred through lease, installment purchase or other agreements, including any Reimbursement Agreements, or certificates of participation therein, in each case to the extent secured by this General Trust Indenture.

• This statement is intended to document Eligible Project Costs in connection with the reimbursement of Eligible Project Costs for the purpose of paying or redeeming, in whole or part, the Series 2013 Bond Anticipation Obligations.

More Definitions of Bond Anticipation Obligations

Bond Anticipation Obligations means Obligations issued in anticipation of the sale of a Series of Obligations in a principal amount not exceeding the principal amount of such Series of Obligations and payable from the proceeds of the sale of the Series of Obligations in anticipation of which such Bond Anticipation Obligations are issued, which may be payable, in whole or in part, from Toll Revenues, at the discretion of the Commission, as set forth in a Supplemental Indenture.

Bond Anticipation Obligations means Bonds with a fixed rate that is less than the TIFIA Interest Rate issued in anticipation of the sale of a series of Bonds in a principal amount not exceeding the principal amount described in clause (k) of the definition of “Permitted Debt” and that are not callable by the Borrower or subject to a put by the holder of such Bonds, which Bonds may be payable, in whole or in part, from Toll Road Revenues, at the discretion of the Borrower, as set forth in a Supplemental Indenture.

Bond Anticipation Obligations means Additional Trust Agreement Obligations in a principal amount not exceeding $60,000,000 and satisfying the requirements of clause (i)(B) of the definition of such term, issued or incurred, as applicable, in anticipation of the future sale of Additional Trust Agreement Obligations the proceeds of which are used to refinance such then outstanding Additional Trust Agreement Obligations.

Bond Anticipation Obligations means Evidences of Indebtedness and renewals thereof to be paid from the proceeds of a series

Bond Anticipation Obligations means Evidences of Indebtedness and renewals thereof to be paid from the proceeds of a series of bonds previously authorized when issued or from other funds that may be available for that purpose.”