Completion Bonds definition

Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

Completion Bonds means any bonds issued to complete construction of the System to enable the Authority to provide water supply services to the Cities and to others, as the System is described in the Engineering Report defined in the Contracts.

Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the

Examples of Completion Bonds in a sentence

• The Issuer may also issue from time to time Completion Bonds and Refunding Bonds of a Series under and pursuant to the terms of the Supplemental Indenture authorizing the issuance of such Series of Bonds.

• The Authority reserves the right to issue Completion Bonds and Improvement Bonds payable from and secured by a pledge of the Net Revenues, on a parity of lien with the Parity Bonds, or junior to the Parity Bonds, or a portion of them may be such first lien bonds and a portion may such junior lien bonds.

• If Completion Bonds or Improvement Bonds are issued as Parity Bonds, the amount required to be deposited and maintained in the Reserve Fund shall, if necessary to maintain the Required Amount in the Reserve Fund, be increased so that the aggregate amount to be accumulated in the Reserve Fund shall be no less than the Required Amount for all then outstanding Parity Bonds and for the installment or series of parity Completion Bonds or Improvement Bonds then proposed to be issued.

• Subdivision Completion Bonds will be released after all City and AWWB infrastructure receives final acceptance.

• Completion Bonds in favor of lenders or lessors guaranteeing completion of a building or improvement, and Bonds given where contractor by reason of the terms of the contract is responsible for the financing and / or the design of the contract and the bond covers such hazards.

More Definitions of Completion Bonds

Completion Bonds means Additional Bonds (other than any Variable Interest Rate Bonds or Interim Construction Financing) (a) that are issued in accordance with each of the requirements set forth in clause (e) of the definition of “Permitted Debt” and

Completion Bonds means those bonds issued in connection with the completion of the Project as set forth in Section 12.1 of this Indenture.

Completion Bonds means any bonds issued pursuant to the provision of Section 209 of the Indenture as Completion Bonds.

Completion Bonds means any Bonds issued for the purpose of financing the completion of the acquisition, construction or equipping of the Project to the extent necessary to provide a completed and fully equipped Project (which may include, but shall not be limited to, capitalized interest, required reserves, and/or costs of issuing those Completion Bonds).

Completion Bonds means the Bonds issued pursuant to the provisions of Section

Completion Bonds means Additional Bonds issued for the purpose of completing any Expressway Project being financed by a Series of Bonds and meeting the requirements of Section 6.04 hereof.

Completion Bonds. First Tier Bonds issued pursuant to Section 208(6) hereof; "Construction Fund" – the Tollway Construction Fund created and established by Section 401 of this Agreement;