Industrial development bond means any security or other instrument, other than a utility first mortgage obligation, under which a payment obligation is created, issued by or on behalf of a governmental unit, to finance a project serving a private industrial, commercial or manufacturing purpose, and not payable or guarantied by a governmental unit.
Industrial development bond means a security or other instrument under which a payment obligation is created, issued by or on behalf of a governmental unit to finance a project serving a private industrial, commercial, or manufacturing purpose and not payable or guarantied by a governmental unit. 22.1(4) “Investment grade” means having a rating of not less than Baa3 by Moody’s Investors Service or BBB- by Standard and Poor’s Corporation, or a comparable rating by any nationally recognized rating service, or a rating of not less than 2 by the National Association of Insurance
Industrial development bond means those obligations issued by the Commonwealth and its issuing
Examples of Industrial development bond in a sentence
Industrial development bond: The fair values of the Company's long-term debt are estimated using discounted cash flow analyses, based on the Company's current incremental borrowing rates for similar types of borrowing arrangements.
More Definitions of Industrial development bond
Industrial development bond means any security or other instrument under which a payment obligation is created, issued by or on behalf of a governmental unit to finance a project serving a private industrial, commercial or manufacturing purpose and not guaranteed by a governmental unit.
Industrial development bond means a security or other instrument under which a pay- ment obligation is created, issued by or on behalf of a governmental unit to finance a project serving a private industrial, commercial, or manufacturing purpose and not payable or guarantied by a govern- mental unit.
Industrial development bond means any bond which constitutes an industrial development bond as defined in Section 103(b)(2) of the 1954 Code.
Industrial development bond means any obligation requiring allocation from the state ceiling for
Industrial development bond means any obligation requiring allocation from the state ceiling for financing any of the following:
Industrial development bond means any obligation the interest on which is exempt from income taxes under the provisions of s. 103(b) of the United States Internal Revenue Code and the payment of the principal or interest on which under the terms of such obligation or any underlying arrangement is, in whole or in major part:
Industrial development bond means any security or other instrument, other than a utility first