Future Bonds definition

Future Bonds means, collectively, the Future Prior Bonds, the Future Parity Bonds and any Junior Obligations other than the Existing TIFIA Bonds.

Examples of Future Bonds in a sentence

  • Notwithstanding the foregoing, the Borrower may at its discretion pledge amounts attributable to any increase of the Sales Tax rate above the then applicable Sales Tax Rate and any increase in the Rental Car Tax above the then applicable Rental Car Tax Rate to any other obligations or to other Borrower purposes; provided that any such obligations shall be issued in accordance with Section 16(b) (Issuance of Future Bonds).

  • Future Bonds: The SFMTA will monitor and engage in discussions now underway with transportation coalition interests to consider options to increase overall funding for transportation, including a possible successor to Proposition 1B and a proposal to raise the statewide Vehicle License Fee back to long-standing levels of 2% that would be placed before voters in 2014.

  • Once the principal amount of all Future Bonds plus all payments paid to the Developer under this Reimbursement Agreement equal the Unpaid Balance, this Reimbursement Agreement shall terminate.

  • More than ever, it is fundamental to boost MDBs’ funding and enable them to fulfill their transformative potential.Sustainable Future Bonds otfer a timely, viable and safe alternative for investing in a sustainable future.

  • The unpaid Reimbursement Amount shall bear simple interest per annum at the rate of 0% through August 31, 2022 and at the rate of 4.59% commencing on September 1, 2022; provided that, in the event Future Bonds are issued, the per annum interest rate on the Reimbursement Amount shall not exceed, and shall be limited to, the per annum interest rate on such Future Bonds.

  • The amount of the Reimbursement Amount that has not been paid, plus the interest accrued as described in Section 2(a)(iv) above, are collectively, the “Unpaid Balance.” The Unpaid Balance is secured by and payable solely from the Phases 5, 6 and 7 Assessment Revenue received and collected by the City and deposited into the Phases 5, 6 and 7 Assessment Fund or from the net proceeds of the Future Bonds.

  • As a condition precedent to the issuance and delivery of Future Bonds under this subsection (c), the Port shall deliver a certificate of a Consultant projecting that CFC Revenue will be at least equal 100% of Annual Debt Service for each year during the remaining term of the Outstanding Bonds (excluding the Note) and the Future Bonds to be issued.

  • Future Bonds may be issued for the purpose of refunding (including by purchase) at any time within one year prior to maturity, any previously issued Future Bonds for the payment of which sufficient Pledged Revenue are not available without any requirement for compliance with the conditions of subsections 15(a)(5) and (6) and subsection 15(c).

  • If Future Bonds are issued, the net proceeds of such Future Bonds shall be used, from time to time, first to pay the Unpaid Balance due to the Developer under this Reimbursement Agreement for the costs of Phases 5, 6 and 7 Improvements that have already been paid and then to pay all or any portion of any Phases 5, 6 and 7 Improvements Cost.

  • Both Central Banks use US Treasury bills to pay for the Sustainable Future Bonds, which then will compose WB assets as cash holdings.

Related to Future Bonds

  • Existing Bonds means the following obligations of Seller:

  • 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.

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

  • Subordinate Bonds means all Bonds but Senior Bonds.

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

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

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

  • Convertible Bonds means the $450,000,000 1.875 per cent senior unsecured guaranteed convertible bonds due 2025 and issued by NMC Health (Jersey) Limited, including the transactions contemplated under the Transaction Documents (as defined in the Convertible Bond Trust Deed);

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

  • School Bonds means School Obligations issued as Bonds.

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

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

  • 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.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • 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.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

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

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

  • Stocks and bonds means stocks, bonds, mutual funds, and all other types of securities and financial instruments, whether held directly, indirectly, or in any other manner. The term does not include commodity futures contracts and call or put options on stocks or stock indexes.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • 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.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Further Bonds means any further Bonds issued pursuant to Condition 18 and consolidated and forming a single series with the then outstanding Bonds.

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

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.