Bond Credit Facility definition

Bond Credit Facility means a line of credit, letter of credit, standby bond purchase agreement, municipal bond insurance or similar credit enhancement or liquidity facility established to provide credit or liquidity support for all or any portion of a Series of Bonds as provided in the Related Series Supplement.
Bond Credit Facility means a line of credit, letter of credit, standby bond purchase agreement, municipal bond insurance or similar credit enhancement or liquidity facility established to provide credit or liquidity support for all or any portion of a Series of Bonds as provided in the Related Supplemental Indenture.
Bond Credit Facility means the anticipated Bond financing described in Section 6 of this Financing Agreement.

Examples of Bond Credit Facility in a sentence

  • Neither such Bond Credit Facility nor any money drawn or paid under it will secure the payment of any other Series of Bonds.

  • Any Bond Credit Facility which is given to secure some, but not all, of the Bonds, together with money drawn or paid under it, shall be held by the Trustee solely as security for the Bonds of the Series to which such Bond Credit Facility is Related.

  • The Trustee shall hold any Bond Credit Facility that is given to secure some, but not all, of the Bonds, together with money drawn or paid under it, solely as security for the Bonds of the Series to which such Bond Credit Facility is Related.

  • NVTC may make such covenants as it may in its sole discretion determine to be appropriate with any Bond Credit Provider or DSRF Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility or a DSRF Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds or substitute for amounts in the Related Debt Service Reserve Fund.

  • HRTAC may make such covenants as it may in its sole discretion determine to be appropriate with any Bond Credit Provider or DSRF Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility or a DSRF Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds or substitute for amounts in the Related Debt Service Reserve Fund.

  • The status of the Bond Credit Facility as a Bond or a Subordinate Obligation or otherwise will be provided for in the Related Series Supplement.

  • The Transportation Board may make such covenants as it may, in its sole discretion determine to be appropriate, with any Bond Credit Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds.

  • The implementation modalities of such audit will be defined with technical environmental guidelines”.

  • Bonds that are issued and Outstanding under this Master Resolution shall be payable from, and secured by a lien upon the System Pledged Revenues in the manner and to the extent set forth herein; provided, however, that in addition to the security provided herein, a Series of Bonds may be further secured by a Bond Credit Facility or by an additional payment source (including without limitation, Inter-Governmental Agreement Payments) that may be identified in a Supplemental Resolution.

  • For purposes of this Section 8.02, to the extent any Series of Bonds, or any portion thereof, is secured by a Bond Credit Facility the issuer of which is not then in default thereunder, then such issuer shall be deemed to be the Holder of such Series or any portion thereof.


More Definitions of Bond Credit Facility

Bond Credit Facility means the conduit revenue bond or bonds that AIDEA is authorized by the Alaska State Legislature to make available to IGU as described in the Financing Agreement.
Bond Credit Facility means a Bond Insurance Policy or a Bond Letter of Credit.
Bond Credit Facility means a Bond Insurance Policy or a Bond Letter of Credit. “Bond Insurance Policy” shall mean an insurance policy issued for the benefit of the
Bond Credit Facility means an instrument, agreement, or other device specifically designated as a "Bond Credit Facility" by the Authority in a Supplemental Resolution authorizing the use of such instrument, agreement, or other device, and issued by a Bond Credit Facility Issuer to pay, or provide security or liquidity for a Series of Bonds, including but not limited to, a Bond Insurance Policy, a Bond Letter of Credit, a standby bond purchase agreement, lines of credit and other credit enhancement or liquidity facilities or agreements. The term "Bond Credit Facility" shall not include any Reserve Account Credit Facility.

Related to Bond Credit Facility

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Credit Facilities means one or more debt facilities (including the Credit Agreement) or commercial paper facilities providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, or any debt securities or other form of debt financing (including convertible or exchangeable debt instruments), in each case, as amended, supplemented, modified, extended, renewed, restated or refunded in whole or in part from time to time.