Common Reserve Bonds definition

Common Reserve Bonds means the Senior Bonds of any Series secured by the Common Reserve Account as provided in the Applicable Supplemental Indenture providing for the issuance of each such Series of Senior Bonds.

Common Reserve Bonds means any Series of Future Parity Obligations that may be designated by the City as a Common Reserve Bond, secured by the Common Reserve Account. The Bonds authorized by this ordinance are not designated as Common Reserve Bonds.

Common Reserve Bonds means the Bonds of any other Series issued under the Master Indenture and designated in writing to the Trustee by an Authority Representative as being secured on a parity with the Series 2021AB Bonds by amounts on deposit in the Common Reserve Account. As of the date of the issuance of the Series 2021AB Bonds, the term Common Reserve Bonds shall include the (i) Airport System Revenue Refunding Bonds, Series 2010F-1,(ii) Airport System Revenue Refunding Bonds, Series 2012A, (iii) Airport System Revenue and Refunding Bonds, Series 2013A, (iv) Taxable Airport System Revenue Refunding Bonds, Series 2013B, (v) Airport System Revenue Refunding Bonds, Series 2013C, (vi) Airport System Revenue and Refunding Bonds, Series 2014A, (vii) Airport System Revenue Refunding Bonds, Series 2016A, (viii) Airport System Revenue and Refunding Bonds, Series 2016B, (ix) Airport System Revenue and Refunding Bonds, Series 2017A, (x) Airport System Revenue and Refunding Bonds, Series 2018A, (xi) Airport System Revenue and Refunding Bonds, Series 2019A, (xii) Airport System Revenue Refunding Bonds, Series 2019B, (xiii) Airport System Revenue Refunding Bonds, Series 2020A, (xiv)Airport System Revenue Refunding Bonds, Series 2020B,(xv) Series 2021AB Bonds and (xvi) any future Series of Bonds designated by the Airports Authority as “Common Reserve Bonds”.

Examples of Common Reserve Bonds in a sentence

• Whenever there is a sufficient amount in the Bond Fund and the Common Reserve Fund to pay the principal of and interest on all outstanding Common Reserve Bonds, the money in the Common Reserve Fund may be used to pay such principal and interest.

• In the event of any cancellation, the Common Reserve Fund shall be funded as if the Common Reserve Bonds that remain outstanding had been issued on the date of such notice of cancellation.

• Following previous work [65, 7], we adopt the widely accepted split, VG-150, which contains 150 object categories and 50 relation cate- gories.

• Common Reserve Bonds mean those Future Parity Bonds designated by the City in the ordinance authorizing their issuance as Common Reserve Bonds secured by the Common Reserve Fund.

• The Bonds shall be issued as Common Reserve Bonds and shall be secured by the Common Reserve Fund.

• The Common Reserve Fund shall be maintained for the purpose of securing the payment of the principal of and interest on all Common Reserve Bonds.

• To base it on economic theory and build the following models accordingly.

• The Common Reserve Fund is a common reserve, securing the payment of the principal of and interest on all Parity Bonds that are designated as Common Reserve Bonds in the ordinance authorizing their issuance.

• Large landholders on the canals get the lion’s share of water, while poor, small farmers get less and are seriously affected.

• The Bonds are not Common Reserve Bonds and are not secured by any amounts in a Parity Reserve Account or other debt service reserve account.

More Definitions of Common Reserve Bonds

Common Reserve Bonds means one or more Series of Bonds entitled to the benefit and security of a single Common Reserve Account.

Common Reserve Bonds means, collectively, the 2014 Bonds, the 2017 Bonds, the 2019 Bonds, the 2021 Bonds, the 2022 Bonds and any subsequent series of Bonds issued under a series resolution that

Common Reserve Bonds means, collectively, those Parity Bonds that are designated by the City as common reserve bonds, the payment of which is secured by amounts on deposit in the Common Reserve Subaccounts, without distinction, priority or preference among the amounts drawn from any particular Common Reserve Subaccount. The Bonds authorized by this ordinance are designated as Common Reserve Bonds. The Outstanding 2009 Bonds, 2013A Bonds, 2013B Bonds, and 2015 Bonds are also designated as Common Reserve Bonds.

Common Reserve Bonds means the Bonds and any Series of Additional Bonds secured by the Common Reserve Account as provided in the Supplemental Indenture(s) providing for the issuance of each such Series of Additional Bonds.

Common Reserve Bonds means the Bonds of any other Series issued under the Master Indenture and designated in writing to the Trustee by an Authority Representative as