Bond Fund Year definition

Bond Fund Year means the 12-month period beginning July 1 of each year and ending on the next succeeding June 30, except that the first Bond Fund Year shall begin on the date of delivery of the Initial Bonds and shall end on the next succeeding June 30.
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Bond Fund Year means the 12-month period beginning January 1 of each year and ending on the next succeeding December 31, except that the first Bond Fund Year shall begin on the date of delivery of the Initial Bonds and shall end on the next succeeding December 31.
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Bond Fund Year means each 12–month period beginning April 1 and ending on the next succeeding March 31.
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Examples of Bond Fund Year in a sentence

  • Sensory analysis were carried out on bacon from all five treatment groups using a 75 member untrained consumer panel.

  • In addition, the Issuer shall provide to the Purchaser when available, but in no event later than the first day of each Bond Fund Year, a copy of the Issuer’s budget for such Bond Fund Year.

  • The outstanding Bonds to which the Revenues of the Issuer have been pledged as the sole source of payment shall not at any one time exceed an amount for which the Average Aggregate Annual Debt Service Requirement of the Bonds will exceed eighty percent (80%) of the Revenues to be received by the Issuer during the Bond Fund Year immediately preceding the Bond Fund Year in which the resolution authorizing the latest applicable Series of Bonds is adopted.

  • The average annual installments of principal and interest on the Series 2019 Bonds will not at any one time exceed eighty percent (80%) of the total amount of Revenues received by the Issuer during the Bond Fund Year immediately preceding the Bond Fund Year in which the resolution authorizing the issuance of the Series 2019 Bonds was adopted.

  • The Trustee shall prepare an annual accounting for each Bond Fund Year by the end of the month following each such Bond Fund Year showing in reasonable detail all financial transactions relating to the funds and accounts held by the Trustee hereunder during the accounting period and the balance in any funds or accounts created hereby as of the beginning and close of such accounting period, and shall mail the same to the Issuer, and to each Reserve Instrument Provider requesting the same.

  • On or before the end of the month following each Bond Fund Year, the Trustee shall, upon written request, provide to the Agency and the Agency’s independent auditor representations as to the accuracy of the facts contained in the financial reports concerning the transactions described herein that were delivered by the Trustee during the Bond Fund Year just ended.

  • Please refer to page2 Footnote #[1] for further details.Top 10 holdings (%)Eastspring Investments – US Strategic Income Bond Fund Year 1.

  • Such audit must be performed in accordance with generally accepted government auditing standards and will be provided to the Bondholders when available, but in no event later than 180 days after the end of said Bond Fund Year.

  • Said labor surcharge shall constitute full compensation for all payments imposed by State laws and for all other payments made to, or on behalf of, the workmen, other than actual wages as defined in Section 3-3.2.2(a).1 and subsistence and travel allowance as specified in Section 3-3.2.2(a).3.

  • Except as otherwise provided herein, the Issuer further agrees that it will within one hundred eighty (180) days following the close of each Bond Fund Year cause an audit of such books and accounts to be made by an independent firm of certified public accountants.

Related to Bond Fund Year

  • Bond Year means, unless otherwise provided in the Supplemental Indenture authorizing a Series of Bonds, the period commencing on the first day of July in each year and ending on the last day of June of the following year.

  • Debt Service Reserve Fund Requirement means, with respect to the 2023 Series A Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2023 Series A Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Sinking Fund Installment means, as of any particular date of calculation, the amount required, as of such date of calculation, to be paid by the Authority on a future date for the retirement of Outstanding Bonds which are stated to mature subsequent to such future date, but does not include any amount payable by the Authority by reason only of the maturity of a Bond.

  • pension fund holder means with respect to a personal pension scheme or an occupational pension scheme, the trustees, managers or scheme administrators, as the case may be, of the scheme concerned;

  • Reserve Fund Requirement means (i) on any Payment Date other than a Payment Date described in clause (ii), an amount equal to 0.50% of the Aggregate Securitization Value of the 2011-1 Leases as of the Cutoff Date or (ii) on any Payment Date occurring on or after the date on which the Note Balance has been reduced to zero, zero.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.