Developer Bonds definition

Developer Bonds means Bonds issued to and registered in the name of Developer, a related party to the Developer or a Lender, pursuant to Section 4.05 hereof.
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Developer Bonds means Bonds that are owned by the Redeveloper according to the records of the Registrar.
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Developer Bonds means the Town of Fishers, Indiana Redevelopment District Bonds, Series 2009 B (Exit 10 Infrastructure Project), issued pursuant to the Exit 10 Resolution, dated as of December 23, 2009 and in the original aggregate principal amount of $3,380,000, or any series of bonds issued by the City or the District to refund such bonds.
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Examples of Developer Bonds in a sentence

  • All Developer Bonds shall have a stated maturity of approximately twenty-five (25) years following their date of issuance, but in no event later than the TIF Expiration Date.

  • Subject to the applicable provisions of this Article IV and at the earliest practical time upon the request of the Developer, Westfield and the Redevelopment Commission will, promptly and to the extent permitted by law, issue Investor Bonds to refund all outstanding Developer Bonds.

  • Developer Bonds shall not constitute general obligations of Westfield, the Redevelopment Commission or the State, but shall be payable solely from the Developer Share, investment earnings and the proceeds of Investor Bonds.

  • If both Lender Bonds and Developer Bonds are Outstanding, the Debt Service Account for the Lender Bonds will be funded with all available Tax Revenue until an amount sufficient to pay Debt Service on the next Interest Payment Date shall have been deposited in the Debt Service Account for the Lender Bonds before funding the Debt Service Account for the Developer Bonds.

  • Developer Bonds shall be registered as directed by the Developer in the name of the Developer, a related party or a Lender (and shall be fullytransferable to any such entity).

  • Notwithstanding anything in this Agreement to the contrary, Westfield and the Redevelopment Commission will cause the Developer to be reimbursed for all fees and expenses paid to Krieg DeVault LLP from proceeds of the Developer Bonds immediately upon issuance of the Developer Bonds, unless the Developer waives in writing all or any part of the reimbursement then payable.

  • The demand and standards identified in these studies have informed the basis of levying contributions specifically set out in this Plan.New development will also generate the need for planning, administration and management activities associated with this Contributions Plan, in order to regularly review and update the identified works and manage the future provision of infrastructure.

  • The Developer intends to provide funding for Phase I of the TIF Project by purchasing the Developer Bonds or causing a related party or to purchase the Developer Bonds.

  • The Developer acknowledges and agrees that the Redevelopment Commission may pay the reasonable out of pocket expenses incurred by Westfield and the Redevelopment Commission in connection with the TIF Project, including the preparation of this Agreement and the issuance of the Developer Bonds, from proceeds of such Developer Bonds.

  • Prior to the issuance of the Developer Bonds, the Developer will pay within (30) days of the receipt of written invoices in reasonable detail, but not more often than monthly, the reasonable fees and expenses of Krieg DeVault, LLP, as counsel to Westfield, the Redevelopment Commission and bond counsel, in connection with Phase I of the TIF Project, including the preparation of this Agreement and the issuance of the Developer Bonds.


More Definitions of Developer Bonds

Developer Bonds means the City of Greenwood Economic Development Revenue Bonds of 2021 (523 South Madison Project), to be issued in one or more series, in an amount of not to exceed $12,869,000, the proceeds of which will be utilized by 523 Madison GP, LLC, or an affiliate thereof, to provide for a portion of the costs of constructing and equipping a mixed-use development consisting of (a) multifamily rental housing (apartments), (b) for sale housing (condominiums and townhomes), (c) commercial space (office, restaurants, and retail), and (d) parking, including the construction of any required roadways, utilities and other infrastructure connected therewith, on the 523 South Madison Parcels. The Developer Bonds shall not constitute Parity Obligations and the Developer Bonds shall not be payable from the Tax Increment.
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Related to Developer Bonds

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

  • Transition bonds means bonds, notes, certificates of

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

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

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • School Bonds means School Obligations issued as Bonds.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations.

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

  • 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.

  • Existing Bonds means the following obligations of Seller:

  • 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.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Corporate Bonds means debt securities issued by private and public corporations.

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

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

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

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

  • Refunded Bonds means the portion of the $280,000 of the Series J 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.

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

  • Escrowed Bonds means Municipal Obligations that (i) have been determined to be legally defeased in accordance with S&P’s legal defeasance criteria, (ii) have been determined to be economically defeased in accordance with S&P’s economic defeasance criteria and assigned a rating of AAA by S&P, (iii) are not rated by S&P but have been determined to be legally defeased by S&P or (iv) have been determined to be economically defeased by S&P and assigned a rating no lower than the rating that is S&P equivalent of S&P’s AAA rating. In the event that a defeased obligation which is an S&P Eligible Asset does not meet the criteria of an Escrowed Bond, such Municipal Obligation will be deemed to remain in the Issue Type Category into which it fell prior to such defeasance.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.