Interest Subsidy Bonds definition

Interest Subsidy Bonds means Bonds for which the City is eligible to receive federal interest rate subsidies that are similar to the interest subsidies that were available for Build America Bonds.
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Interest Subsidy Bonds means bonds, the interest on which is includable in the income of the owner of the bonds for federal income tax purposes, but for which the issuer is entitled to federal interest subsidy payments based on a percentage of the interest payable on the interest subsidy bonds.
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Interest Subsidy Bonds means Bonds for which the City is entitled to receive Subsidy Payments.
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Examples of Interest Subsidy Bonds in a sentence

  • The aggregate amount of Interest Subsidy Bonds authorized by Section 10-292k of Chapter 173 of the General Statutes of Connecticut, as amended, including the $3,000,000 authorized by this resolution, is $369,800,000.

  • The aggregate amount of Interest Subsidy Bonds authorized by Section 10-292k of Chapter 173 of the General Statutes of Connecticut, as amended, including the $6,600,000 authorized by this resolution, is $330,100,000.

  • The aggregate amount of Interest Subsidy Bonds authorized by Section 10-292k of Chapter 173 of the General Statutes of Connecticut, as amended, including the $2,800,000 authorized by this resolution, is $354,600,000.

  • The aggregate amount of Interest Subsidy Bonds authorized by Section 10-292k of Chapter 173 of the General Statutes of Connecticut, as amended, including the $3,700,000 authorized by this resolution, is $351,800,000.

  • The federal interest subsidies the City receives for Interest Subsidy Bonds are also hereby pledged to the payment of the Bonds and declared to be a prior lien and first charge thereon superior to all other charges of any kind or nature whatsoever pursuant to Idaho Code, Section 50-1039.


More Definitions of Interest Subsidy Bonds

Interest Subsidy Bonds means any Bonds or Subordinate Obligations for which the City is entitled to receive Subsidy Payments that are designated as “Interest Subsidy Bonds” in the Supplemental Declaration establishing the terms and conditions for such Bonds or Subordinate Obligations.
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Related to Interest Subsidy Bonds

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

  • Mortgage Interest Rate For any Mortgage Loan, the per annum rate at which interest accrues on such Mortgage Loan pursuant to the terms of the related Mortgage Note.