Interim Bonds definition

Interim Bonds means any Bonds issued on an interim basis that are expected to be repaid from the proceeds of Bonds or other indebtedness.
Sample 1Sample 2Sample 3
Interim Bonds means any Bonds issued by the Authority which are declared by the Board prior to the issuance thereof either (a) to be issued in anticipation of being refinanced or refunded with other Bonds or obligations of the Authority, or (b) to be intended to be paid with moneys that are not Pledged Funds.
Sample 1Sample 2
Interim Bonds or “Interim Notes” shall mean bonds or notes issued by the County with a final maturity not longer than sixty (60) months (or such longer period as shall be permitted by section 215.431, Florida Statutes, as amended, or other applicable laws of the State relating to the issuance of bond anticipation notes by counties) in anticipation of the refinancing of such bonds or notes from all or a portion of the proceeds of a Series of Long-Term Bonds.
Sample 1

Examples of Interim Bonds in a sentence

  • The termination shall take effect 28 days after the later of the dates on which the Contractor receives this notice or the Employer returns the Performance Security and the Interim Bonds.

  • In particular, the Contractor shall deliver to the Employer Interim Bonds in relation to all subsequent payments to be made by the Employer in accordance with Attachment C as a condition precedent to receive such payments.

  • On the date of each advance of moneys to NS under the Facility Agreement, NS was to issue Interim Bonds to the Trustee equal in amount to the advance (clause 5.1).

  • The Interim Bonds will bear interest at the Rate of Interest from their date of issue.

  • Interest accruing on the Interim Bonds during any Interest Period on the principal amount shall as at each Interest Accrual Date be added to such principal amount and shall thereafter be treated as part of the principal amount outstanding on the Bonds and shall bear interest at the Rate of Interest until such time as the Floating Rate Bonds are issued.

  • The Company agrees to issue on the date of each Advance pursuant to clause 2 and on each Interest Accrual Date applicable thereto temporary instruments in the form of Interim Bonds to the Trustee in an amount equal to Advances made as of that date and interest accrued thereon and capitalised interest in accordance with clause 6.3.

  • TPF Pool Investment Horizon Cash Equivalents Short- Interim Bonds Fixed Income Large Cap Equity Small Cap Equity International Equity Long Term Pool 5+ years 0% 10% 30% 30% 7.5% 22.5% Medium Term Pool 2 to 5 years 5% 40% 20% 15% 4% 16% Short Term Pool 6 months to 2 years 20% 80% 0% 0% 0% 0% Distribution Pool* Immediate to 6 months 100% 0% 0% 0% 0% 0% *No earnings accrue to this fund.

  • Each Advance shall bear interest at the Rate of Interest from and including the date of the Advance until Interim Bonds are issued in respect of such amount pursuant to clause 5.1 or in case no such Interim Bonds are issued until Floating Rate Bonds are issued pursuant to clause 5.2 in respect of such amount.

  • TERMS AND CONDITIONS OF THE INTERIM BONDThe Interim Bonds (the “Bonds”) of the National Stadium Project (Grenada) Corporation (the “Company”) are in registered transferable form without interest coupons attached, The Bonds are being issued in accordance with the terms and conditions of an Agreement (“the Agreement”) made between the Company and Clico Investment Bank Limited (“the Trustee”).

  • The Interim Bonds are secured in manner set out in clause 5.5 of the Agreement.


More Definitions of Interim Bonds

Interim Bonds means any Bonds issued under the Resolution on an interim basis which are expected to be repaid from the proceeds of Bonds or other indebtedness.
Sample 1

Related to Interim Bonds

  • School Bonds means School Obligations issued as Bonds.

  • 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.

  • Serial Bonds means Bonds (other than Term Bonds) that mature in annual or semi-annual installments.

  • 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.

  • Transition bonds means bonds, notes, certificates of

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

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

  • Existing Bonds means the following obligations of Seller:

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

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

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

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

  • 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.

  • Refunded Bonds means the portion of the $2,348,000 of the Series B 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, and may include all of those Original Bonds.

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

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Surety Bonds means surety bonds obtained by the Borrower or any Restricted Subsidiary consistent with market practice and the indemnification or reimbursement obligations of the Borrower or such Restricted Subsidiary in connection therewith.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

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

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.