IDB Bonds definition

IDB Bonds means the $1,000,000 Industrial Development Revenue Bonds (Hyco Alabama Project) Series 2000 of the IDB to be issued under the IDB Indenture.
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IDB Bonds means those certain $200,000,000 Revenue Bonds (Xxxxxxxx Company, Inc. Project), Series 1994-A, issued by the Industrial Development Board of the Town of West Jefferson, all of which are held by Seller.
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IDB Bonds means those certain Industrial Development Bonds (General Bearing Corporation Project 1983 Series) issued by The County of Rockland Industrial Development Agency.
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Examples of IDB Bonds in a sentence

  • All outstanding Indebtedness of the Company or its Subsidiaries, including under the IDB Bonds and Company Credit Agreement, may be prepaid at the option of the Company without prepayment penalty or premium.

  • Eye-let kaaj, small sized pants with elastic while medium and large sizes without elastic waist band, zip will be CFT # 3 with cylindrical slider (wazir) / YKK, no back pocket flap on the pant having elastic waist band whereas pant without elastic waist band should have one bone pocket on right side, two inch inside bottom fold with blind stitching, bar-tack at all stress points and double stitching at inner and outer rise and joint of waist band.

  • All Basic Rent so prepaid shall be credited against future payments of Basic Rent as the same become due unless prior to the date on which such credit is to be taken the Company directs such moneys to be used to purchase or redeem IDB Bonds in the manner and to the extent permitted and provided in the IDB Indenture.

  • At least 45 days prior to the proposed redemption date, the Company shall notify the IDB and the Trustee, in writing, as to the proposed redemption, and the IDB, upon receiving such notice, shall be obligated and hereby agrees to take all necessary action to have the payment made for the purpose of redeeming IDB Bonds applied to the redemption of as many IDB Bonds as such payment will permit under the redemption provisions thereof and of the IDB Indenture.

  • Notwithstanding the foregoing, if the Company shall determine that such repair, restoration or rebuilding is not, in whole or in part, economically viable, then the Company may exercise its option to redeem IDB Bonds in accordance with their terms, in which case the Net Proceeds (or such portion thereof as is allocable to the portion of the Project not being repaired, restored or rebuilt) shall be applied to such redemption.

  • The Company shall provide the IDB with, and the IDB’s certificate may be premised on, a certificate of an appropriate officer, employee or agent of or consultant to the Company setting forth the reasonable expectations of the Company as of the Issue Date regarding the amount and use of the proceeds of the IDB Bonds and the facts, estimates and circumstances on which those expectations are based.

  • If the Trustee makes such a declaration with respect to the Bonds, the Trustee shall simultaneously make such a declaration with respect to the IDB Bonds, if the same are then outstanding under the IDB Indenture.

  • The Company will not issue, or permit to be issued on its behalf, any instructions for the investments of any moneys in the Construction Fund, the Rebate Fund, the Bond Purchase Fund or the Bond Fund if, as a result of any such investment being made in accordance therewith, the IDB Bonds would be considered “arbitrage bonds” within the meaning of Section 148 of the Code or “hedge bonds” within the meaning of Section 149(g) of the Code.

  • The Bonds are being issued simultaneously with the issuance by the IDB, in accordance with the Act and the Code, of the IDB Bonds, which have terms and provisions substantially similar to those of the Bonds and the proceeds of which are also being applied to pay Project Costs.

  • Pursuant to the Remarketing Agreement, the Remarketing Agent has also been appointed by the IDB and the Company as Remarketing Agent for the IDB Bonds.


More Definitions of IDB Bonds

IDB Bonds means the bonds in the amount of $10,000,000 issued by the IDB pursuant to the IDB Spindale Indenture.
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IDB Bonds. (a) The "Bonds" described in the 1997 IDB Reimbursement Agreement (the "1997 IDB Bonds"); and (b) the "Bonds" described in the 1998 IDB Reimbursement Agreement (the "1998 IDB Bonds").
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IDB Bonds means, collectively, (i) the $1,920,000 The Industrial Development Board of the City of Scottsboro (Alabama) Industrial Development Refunding Revenue Bonds, Series 1999 (AAF-XxXxxx Inc. Project), (ii) the $1,000,000 City of Plymouth, Minnesota Industrial Development Revenue Bonds (XxXxxx-Perfex Project) Series 1977, (iii) $3,300,000 City of Plymouth, Minnesota Industrial Development Revenue Bonds (XxXxxx-Perfex Project) Series 1979, (iv) the $2,500,000 City of Columbia, Missouri Industrial Revenue Bonds, Series July 12, 1979 (American Air Filter Company, Inc. Project), (v) $4,000,000 City of Fayetteville, Arkansas Industrial Development Revenue Bonds (American Air Filter Project), Series 1978, and (vi) the $2,500,000 loan to Borrower from the New York State Urban Development Corporation.
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Related to IDB Bonds

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

  • 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.

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

  • 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.

  • 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.

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

  • 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.

  • School Bonds means School Obligations issued as Bonds.

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

  • 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.

  • Existing Bonds means the following obligations of Seller:

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

  • Transition bonds means bonds, notes, certificates of

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

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • 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.

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

  • Pledged Bonds means any Bonds purchased by the Borrower with payments made on the Credit Facility, which Bonds are registered in the name of the Borrower and held by the Trustee on behalf of the Credit Enhancer pursuant to the terms of the Bond Pledge Agreement, until such time as such Bonds are sold by the Borrower or by the Remarketing Agent.

  • 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.

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