Borrower Bonds definition

Borrower Bonds means any Bond registered to the Borrower or any affiliate thereof or held by the Trustee for the account of the Borrower.

Borrower Bonds means (i) Bonds owned or held by the Borrower or any Affiliate of the Borrower, or by the Trustee or the Tender Agent, or the agent of either of them, for the account of the Borrower or any Affiliate of the Borrower, including, but not limited to, Pledged Bonds, or (ii) Bonds which the Borrower has notified the Trustee, or which the Trustee knows, were purchased by another Person for the account of the Borrower or any Affiliate of the Borrower, including, but not limited to, Pledged Bonds.

Borrower Bonds means Bonds purchased with moneys described in Section 4.05(c)

Examples of Borrower Bonds in a sentence

• Unless the Borrower is entitled to a credit under this Agreement or the Indenture, all payments due under this Agreement shall be in the full amount required under the Borrower Bonds and as required to make all payments of principal of and premium, if any, and interest on the Bonds as those amounts come due, for which no other funds are available.

• Payments, and amounts which are deemed to be payments as provided in this Agreement, on the Borrower Bonds by the Borrower to the Trustee, as assignee of the Authority, shall constitute payments on the loan made to the Borrower under Section 4.1 of this Agreement.

• Payments of principal of or premium, if any, or interest on the Bonds with amounts held under the Indenture for that payment shall be deemed to be payments with respect to the Borrower Bonds.

• XxXxxxxx Senior Vice President, Chief Financial Officer and Treasurer All right, title and interest of the Authority in and to this Agreement and the Borrower Bonds except for the rights of the Authority under Sections 5.1, 5.2, 5.4, 5.5, 5.6, 5.7, 5.8, 6.3, 7.2 and 7.4 of this Agreement, have been assigned to the Trustee pursuant to the Indenture.

• Whenever the Bonds are redeemable in whole or in part, the Authority will redeem them upon the request of the Borrower, and the Borrower covenants and agrees to pay an amount equal to the applicable redemption price of the Bonds as a prepayment of payments due on the Borrower Bonds.

More Definitions of Borrower Bonds

Borrower Bonds means Bonds that have been purchased by the Borrower in accordance with Section 3.1(E) of the Agreement.

Borrower Bonds means Bonds that have been purchased by the Borrower in accordance with Section 3.1(E) of this Agreement.

Borrower Bonds means any Bond registered to the Borrower or any affiliate thereof or held by the Trustee for the account of the Borrower. “Business Day” means a day on which banking institutions located in New York, New York, or in the city in which the principal corporate trust

Borrower Bonds means any Bonds of which ownership is registered in the name of the Borrower or any Affiliate, other than Pledged Bonds.

Borrower Bonds means the Bonds held for and on behalf of the Borrower or any nominee for (or any Person who owns such Bonds for the sole benefit of) the Borrower pursuant to Section 418(c) hereof.

Borrower Bonds has the meaning ascribed thereto in Section 4.7(C)(2)(b) hereof.

Borrower Bonds means Bonds, other than Pledged Bonds, the Registered Owner or Beneficial Owner of which is the Borrower (or any affiliate of the Borrower). For purposes of this definition, (a) an “affiliate” means any person directly or indirectly controlling or controlled by or under direct or indirect common control with the Borrower; and (b) “control” means the power to direct the management and policies of such person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise.