Defeased Bonds definition

Defeased Bonds means legally defeased Bonds or Notes and other Bonds or Notes that remain in the hands of their Holders but are no longer deemed Outstanding.
Defeased Bonds means Bonds or Notes that remain in the hands of their Holders but are no longer deemed Outstanding.
Defeased Bonds means those Outstanding Bonds identified in the Defeasance Agreement.

Examples of Defeased Bonds in a sentence

  • Until all Defeased Bonds shall have become due and payable, the Paying Agent/Registrar shall perform the services of Paying Agent/Registrar for such Defeased Bonds the same as if they had not been defeased, and the County shall make proper arrangements to provide and pay for such services as required by this Order.

  • Any Future Escrow Agreement pursuant to which the money and/or Defeasance Securities are held for the payment of Defeased Bonds may contain provisions permitting the investment or reinvestment of such moneys in Defeasance Securities or the substitution of other Defeasance Securities upon the satisfaction of the requirements specified in clauses (i) or (ii) of Section 10.01.

  • Until all Defeased Bonds shall have become due and payable, the Paying Agent/Registrar shall perform the services of Paying Agent/Registrar for such Defeased Bonds the same as if they had not been defeased, and the Board shall make proper arrangements to provide and pay for such services as required by this Resolution.

  • All income from such Defeasance Securities received by the Paying Agent/Registrar which is not required for the payment of the Defeased Bonds, with respect to which such money has been so deposited, shall be remitted to the Board or deposited as directed in writing by the Board.

  • All income from such Defeasance Securities received by the Paying Agent/Registrar which is not required for the payment of the Defeased Bonds, with respect to which such money has been so deposited, shall be remitted to the Issuer or deposited as directed in writing by the Issuer.


More Definitions of Defeased Bonds

Defeased Bonds means Bonds that remain in the hands of their Owners but are no longer deemed Outstanding because they have been defeased in accordance with the provisions of Section 2.02 of this Indenture.
Defeased Bonds means all or a portion, if any, of the Series 1997 Bonds and the Series 2002 Bonds to be refunded from the net proceeds of the Series 2011 Bonds and other available funds on deposit with the Trustee, to the extent provided in the Certificate of Determination.
Defeased Bonds means all or a portion, if any, of the Series 2012 Bonds to be
Defeased Bonds means the outstanding Bonds of the County as shown on Exhibit C hereto.
Defeased Bonds means those Defeasible Bonds identified in a Defeasance Plan in
Defeased Bonds means The Public Building Corporation of the City of Springfield, Missouri, Municipal Facilities Revenue Bonds, Series 2007 (Stormwater Improvements Project), described in Recital No. 1 hereof that are being defeased, paid and discharged pursuant to this Escrow Agreement.
Defeased Bonds means all of the Issuer's Water and Sewer Revenue Refunding Bonds, Series 2002 outstanding as of the date hereof.