Bond Requirements definition

Bond Requirements means the principal of, any prior redemption premiums due in connection with, and the interest on the Bonds and any additional bonds or other additional securities payable from the Pledged Revenues and hereafter issued, or such part of such securities or such other securities relating to the Project as may be designated, as such principal, premiums and interest become due at maturity or on a Redemption Date designated in a mandatory redemption schedule, in a notice of prior redemption, or otherwise.
Bond Requirements means the principal of, the interest on and any prior redemption premiums due in connection with the Bonds, any Superior Securities, or any Parity Securities, as appropriate, as such principal, interest and premiums become due at maturity or on a Redemption Date, or otherwise.
Bond Requirements. Means Specific requirements with respect to Contractor’s obligations to obtain bonds as set forth in Appendix B6. “Borough” Means The City borough where the Project is located. “BPO” Means The Borough President’s Office for the City Borough where the Project is located. “Certificate of Substantial Completion” Means A certificate described in Part II, Section 2.10.4 that may be issued by the Owner to Notify the Contractor of the Owner’s determination that Substantial Completion of the Work or a portion thereof has been achieved. “Change Order Form” Means The form described in Part II, Section 5.3.1.2 and annexed at Appendix F7. “Change Order Work” Means Changed, deleted and/or additional work that the Owner may require the Contractor to perform during the course of the Contract Work pursuant to a written Change Order, as described in Part II, Section 5.2. “Change Orders” Means As defined in Part II, Section 5.2.1. “City” Means The City of New York. “City Comptroller” Means Comptroller of the City or his or her designee.

Examples of Bond Requirements in a sentence

  • Each Bid must be accompanied by a Bid Bond in accordance with the Bid Bond Requirements provided in the Contract Documents, on a Surety Company’s Standard Bid Bond Form acceptable to the County in an amount no less than 5% of the amount bid.

  • Bid Bond Requirements (Construction) (a) Bid Security - A Bid Bond must be issued by a fully qualified surety company acceptable to (Recipient) and listed as a company currently authorized under 31 CFR, Part 223 as possessing a Certificate of Authority as described thereunder.

  • NOTE: All other terms and conditions (i.e. Insurance Requirements, Bond Requirements, etc.) shall be stated in the individual RFP/CSP Solicitation documents as Special Terms, Conditions and Specifications.

  • NOTE: All other terms and conditions (i.e. Insurance Requirements, Bond Requirements, etc.) shall be stated in the individual IFB Solicitation documents as Special Terms, Conditions and Specifications.

  • Insurance Requirements and Bond Requirements 9.1 DefinitionsGeneral terms used throughout this ITB are provided below.


More Definitions of Bond Requirements

Bond Requirements means the principal of, any prior redemption premiums due in connection with, and the interest on the Bonds, any Parity Bonds, or other securities payable from the Net Pledged Revenues and heretofore or hereafter issued, if any, or such part of such securities as may be designated.
Bond Requirements means the amount necessary in any Fiscal Year, taking into consideration anticipated delinquencies (i) to pay principal of and interest on the bonds at that time outstanding in CFD No. 2005-1 or any certificates of participation or other obligations issued to finance the Facilities, (ii) to make any
Bond Requirements means the principal of, any prior redemption premiums due in connection with, and the interest on the Bonds and any additional bonds and securities payable from Pledged Revenues and heretofore or hereafter issued or any designated portion thereof, as such become due.
Bond Requirements means, as to any Bond Year, the principal of and interest on SSRBs, MID Bonds, or Refunding Bonds, due and payable in such Bond Year, as well as any payment of delinquent amounts due in connection with SSRBs, MID Bonds, or Refunding Bonds with respect to a prior Bond Year. Bond Requirements shall also include any fees due to the Bond Trustee, if any, in a Bond Year.
Bond Requirements means the principal of, the interest on and any prior redemption premiums due in connection with the Bonds, any Superior Securities, or any Parity Securities, as appropriate, as such principal, interest and premiums become due at maturity or on a Redemption Date, or otherwise.For the purposes of calculating the Bond Requirements for the purposes of issuing Superior Securities (including refunding securities) or Parity Securities (including refunding securities) or complying with the Rate Covenant set forth in Section 58 herein, in making any calculation of the Bond Requirements to be paid for a period after the date of such calculation on any bonds payable from the Gross Revenues with respect to which the City expects to receive a BAB Credit, such as the 2010F Bonds, “interest” for any Bond Year shall be treated as the amount of interest to be paid by the City on those bonds in that Bond Year less the amount of the BAB Credit then expected to be paid by the United States with respect to interest payments on those bonds in that Bond Year and required by the ordinance or other instrument authorizing those bonds to be used to pay interest on those bonds in that Bond Year, or to reimburse the City for amounts already used to pay interest on those bonds in that Bond Year. If the BAB Credit is not expected to be received as of the date of such calculation, “interest” shall be the total amount of interest to be paid by the City on the bonds without a deduction for the credit to be paid by the United States under Section 6431 of the Tax Code. The Finance Director may certify in writing the expected amount and expected date of receipt of any BAB Credit, and that certificate shall be conclusive for purposes of computing the Bond Requirements and for purposes of any other computation for the issuance of additional Superior Securities (including refunding securities) or Parity Securities (including refunding securities).
Bond Requirements means the debt service on, and related costs in connection with, the Bonds, including, without limitation, payments with respect to principal, interest, prepayment premium; reserve funds; surplus funds; sinking funds; costs of issuance; payments related to any credit enhancement, liquidity support or interest rate protection for the Bonds; fees and expenses of any trustee, bond registrar, paying agent, authenticating agent, rebate analyst or consultant, PIF collecting agent, calculation agent, remarketing agent, or credit enhancement, liquidity support or interest rate protection provider, and other costs, fees and expenses related to the foregoing and any other amounts required to be paid by any Bond Documents.
Bond Requirements means the principal of, any prior