Bond Year definition

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.

Bond Year means the one-year period commencing September 1 and ending on the following August 31; except that the first Bond Year shall commence on the Issue Date and end on August 31, 1996;

Bond Year means a period of 12 consecutive months beginning on September 1 of any calendar year and ending on August 31 of the immediately succeeding calendar year, except that the first bond year shall be a period commencing on the date of issuance of the initial Series of Bonds hereunder and ending on the next succeeding August 31.

Examples of Bond Year in a sentence

• All amounts on deposit in the Interest Account on the first day of any Bond Year, to the extent not required to pay any interest then having become due and payable on the Outstanding Bond, shall be withdrawn therefrom by the Fiscal Agent and transferred first to the Reserve Fund to the extent the amounts on deposit in the Reserve Fund are less than the Reserve Requirement and then any moneys remaining in the Bond Fund shall be transferred to the Surplus Account.

• The Debt Service Fund is used primarily to achieve a proper matching of revenues with principal and interest payments on the Bonds within each Bond Year, and the Board and the City expect that the Debt Service Fund will qualify as a Bona Fide Debt Service Fund.

• The Recognized Obligation Payment Schedules submitted by the Successor Agency shall include all scheduled debt service on the 1998 Bonds and Loan Payments coming due during the Bond Year commencing during such ROPS Period, and requesting that moneys be disbursed to the Successor Agency from the Redevelopment Property Tax Trust Fund as described in subsections (a), (b), (c), and (d) below.

• To the extent that the Debt Service Fund qualifies as a Bona Fide Debt Service Fund, Investment earnings in the fund cannot be taken into account in computing arbitrage rebate (1) with respect to such portion that meets the 6-month spending exception, or (2) for a given Bond Year, if the gross earnings on the Debt Service Fund for such Bond Year are less than $100,000.

• If the average annual debt service on the Bonds does not exceed $2,500,000, the $100,000 earnings test may be treated as satisfied in every Bond Year.

More Definitions of Bond Year

Bond Year means the twelve-month period ending on each May 1;

Bond Year means the period beginning on the Start Date and ending on 31 March 2017 and any subsequent period of 13 Reporting Periods beginning on the day after the end of the preceding Bond Year provided that: (a) the Franchisee and the Secretary of State may agree to vary the Reporting Period in which a Bond Year ends from time to time; and (b) the last Bond Year shall expire on the expiry of the Franchise Period and may be a period of less than 13 Reporting Periods;

Bond Year means, with respect to each Series, the twelve-month period designated as such by the Related Series Indenture, except that the first Bond Year for any Bonds may commence on the date of issuance thereof and end on the date specified by such Series Indenture.

Bond Year means each one-year period (or shorter period for the first Bond Year) ending May 1, or another one-year period selected by the Issuer.

Bond Year means the annual period relevant to the application of Section 148(f) to an issue, except that the first and last Bond Years may be less than 12 months long. The last day of a Bond Year shall be the close of business on the day preceding the anniversary of the Issuance Date of an issue unless the Issuer selects another date on which to end a Bond Year in the manner permitted by the Code.

Bond Year means the one-year period beginning on October 1 in each year and ending on September 30 in the following year.

Bond Year means a twelve month period ending on the first day of November of any year. “Business Day” means any day other than (a) a Saturday or a Sunday, (b) any day on which