Crossover Refunding Bonds definition

Crossover Refunding Bonds means a Series of Bonds the proceeds of which
Sample 1Sample 2
Crossover Refunding Bonds means Bonds, to the extent that any proceeds from the sale thereof shall, upon deposit in a Crossover Escrow Account, constitute a Crossover Amount.
Sample 1Sample 2
Crossover Refunding Bonds means Bonds, as determined in the Series Resolution authorizing such Bonds, the proceeds of which will be used on the Crossover Date to pay at maturity or redeem or to provide for such payment or redemption any Bonds to be so paid or refunded.
Sample 1

Examples of Crossover Refunding Bonds in a sentence

  • Refunding BondsDuring 2016, the County issued $8,910,000 of General Obligation Capital Improvement Crossover Refunding Bonds, Series 2016A.

  • Together with other available funds, the Crossover Refunding Bonds will finance the cost of refunding the 2009 - 2021 maturities of the County’s General Obligation Capital Improvement Bonds of 2001, Series A, dated March 1, 2001, which are outstanding in the amount of $2,540,000.

  • In order to model the impact of differing corporate tax regimes, a number of key features need to be incorporated.

  • Restricted cash balances of the District’s funds are holding bond proceeds from the General Obligation Crossover Refunding Bonds of 2016A and are to be used to refund a portion of the General Obligation School Building Refunding Bond, Series 2014A on the call date of February 1, 2023.

  • In 2015, the County issued $1,595,000 General Obligation Crossover Refunding Bonds, Series 2015A.

  • The Bonds were comprised of two issuances, which included the 2015 Crossover Refunding Bonds of$8,295,000, the proceeds of which were used to advance refund the outstanding balance of the Election of 2006, Series 2008 Current Interest Bonds, and 2018 Crossover Refunding Bonds of $30,715,000, the proceeds of which were used to refund a portion of the outstanding balance of the Election of 2006, Series 2008 Capital Appreciation Bonds.

  • The Public Hearing in regard to the Reissuance of Gross Revenue Health Care Crossover Refunding Bonds was then opened.

  • Dave Severson explained the proposed reissuance as qualified 501(c) (3) bonds of the County’s Gross Revenue Health Care Crossover Refunding Bonds, Series 2005 B, issued and outstanding in the principal amount of $3,545,000 and dated, as originally issued, as of October 1, 2005 (the “Prior Bonds”).

  • The County has outstanding under the Indenture its Sales Tax Revenue Crossover Refunding Bonds, Series 2019A, dated January 3, 2019 (CUSIP239018), currently outstand- ing in the aggregate principal amount of $14,140,000 (the “2019A Bonds” and the “Outstanding Parity Bonds”).

  • The School Board hereby finds and declares that it is necessary and expedient for the District to sell and issue fully registered Taxable General Obligation OPEB Crossover Refunding Bonds, Series 2016B in the totalaggregate principal amount of not to exceed $5,100,000 (herein, the “Bonds” or “Refunding Bonds”).

Related to Crossover Refunding Bonds

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Refunding Bond means any Bond authenticated and delivered on original issuance pursuant to the Second Resolution for the purpose of refunding any Outstanding Bonds, or thereafter authenticated and delivered pursuant to the Second Resolution in lieu of or substitution for such Bond.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Existing Bonds means the following obligations of Seller:

  • Revenue bonds means the following types of instruments payable from the sources provided in the Central Valley Project Act: revenue bonds, notes, refunding bonds, refunding notes, bond anticipation notes, certificates of indebtedness, and other evidences of indebtedness.

  • Refunding Date as defined in Section 2.7.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Refunded Bonds means the portion of the $2,348,000 of the Series B Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2, and may include all of those Original Bonds.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Serial Bonds means Bonds (other than Term Bonds) that mature in annual or semi-annual installments.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Subordinate Optimal Principal Amount For any Distribution Date and any Loan Group, the sum for each Mortgage Loan in such Loan Group of (i) the Subordinate Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each such Mortgage Loan on the related Due Date, (b) the principal portion of the Purchase Price of each such Mortgage Loan to the extent it was repurchased by the Transferor pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan related to such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds (including Insurance Proceeds) allocable to recoveries of principal of Mortgage Loans related to such Loan Group that are not yet Liquidated Loans, received during the calendar month preceding the month of such Distribution Date, (ii) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Loan during the calendar month preceding the month of such Distribution Date, the portion of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan that was not included in clause (ii) of the definition of "Senior Optimal Principal Amount" for such Distribution Date, (iii) the Subordinate Prepayment Percentage of the sum of (a) all Principal Prepayments in Full of Mortgage Loans in such Loan Group received during the related Prepayment Period and (b) all partial Principal Prepayments of Mortgage Loans in such Loan Group and applied during the related Prepayment Period and (iv) with respect to any Distribution Date prior to the Cross-Over Date only, the Subordinate Prepayment Percentage related to such Group of the Recoveries received during the related Prepayment Period; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan in such Loan Group that is not a Liquidated Loan, the Subordinate Optimal Principal Amount will be reduced on the related Distribution Date by the Subordinate Percentage of the principal portion of such Bankruptcy Loss.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.