First Tier Bonds definition

First Tier Bonds means the Series 2017A Bonds and all Additional Bonds issued on a parity with the Series 2017A Bonds.
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First Tier Bonds means the Borrower’s $135,340,000 Convention Center Hotel First Tier Revenue Refunding Bonds, Series 2017A, dated May 1, 2017.
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First Tier Bonds means Bonds payable from and secured by the First Tier Debt Service Account.
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Examples of First Tier Bonds in a sentence

  • The Borrower shall issue all of the Series 2010 First Tier Bonds and enter into the TIFIA Loan all on the Closing Date and in compliance with the terms and conditions of the Trust Agreement and the TIFIA Loan Agreement, respectively.

  • From the proceeds of the Series 2010 First Tier Bonds, on the Closing Date the Trustee shall deposit into the Series 2010 Capitalized Interest Account the amount of the Series 2010 Capitalized Interest Account Requirement.

  • Prior to or concurrently with the issuance of the Series 2010 First Tier Bonds, any Refunding Bonds and any Additional Senior Project Debt, TxDOT shall execute a continuing disclosure undertaking in a form reasonably acceptable to TxDOT, Borrower and the purchasers of such debt in order to enable Borrower to comply with its continuing disclosure undertaking relating to such debt as required under Rule 15c2-12 of the Securities Exchange Commission.

  • All conditions precedent to the making of the first disbursement under the TIFIA Loan Agreement shall have been satisfied or waived by the United States Department of Transportation, other than any conditions solely requiring the satisfaction of all conditions to the issuance of the Series 2010 First Tier Bonds or of the Toll Equity Loan Commitment.

  • Amounts in the First Tier Debt Service Account shall be pledged to Holders of First Tier Bonds.

  • All conditions precedent to the making of the first disbursement under the SWP/CT Project TIFIA Loan Agreement shall have been satisfied or waived by the United States Department of Transportation, other than any conditions solely requiring the satisfaction of all conditions to the issuance of the Series 2011 First Tier Bonds or to the increase in the Toll Equity Loan Commitment under the Supplement.

  • Whenever the aggregate amount in the First Tier Debt Service Account and the First Tier Debt Service Reserve Accounts is sufficient to redeem all of the Outstanding First Tier Bonds and to pay interest accrued to the Redemption Date, the Authority shall redeem all First Tier Bonds on the applicable Redemption Date at the applicable Redemption Price.

  • The Borrower and TxDOT agree to work cooperatively in the preparation and distribution of any offering document delivered in connection with the Series 2011 First Tier Bonds which shall be in a form reasonably satisfactory to TxDOT.

  • Bonds issued under the Toll Revenue Master Bond Resolution have a right, pledge and preference to payment from Toll Revenue in the following order of priority: (1) First Tier Bonds, (2) Second Tier Bonds, (3) Third Tier Bonds, and (4) Fourth Tier Bonds.

  • Baker, C.J. (1991) The Civilised City: A Project Definition Study, Nottingham: Nottingham University Dept.


More Definitions of First Tier Bonds

First Tier Bonds has the meaning provided in the Indenture.
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Related to First Tier Bonds

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Equipment Notes means and includes any equipment notes issued under any Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of such Indenture) and any Equipment Note issued under any Indenture in exchange for or replacement of any other Equipment Note.

  • Receivables Fee means distributions or payments made directly or by means of discounts with respect to any accounts receivable or participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility.