Investor Bonds definition

Investor Bonds means Bonds designated as Investor Bonds by the Finance Director or Mayor and noted as such on the records of the Registrar.
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Investor Bonds means Bonds issued to and registered in the name of an Approved Investor pursuant to Section 4.06 hereof.
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Investor Bonds. ’ means the Firm Investor Bonds and the Option Bonds (if any) to
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Examples of Investor Bonds in a sentence

  • If the Bonds Outstanding are all Redeveloper Bonds, are all Lender Bonds or are all Investor Bonds, to the extent that moneys on deposit in the Special Fund are not sufficient to fund Debt Service for each Outstanding series of Bonds on the next Interest Payment Date such moneys will be applied on a proportionate basis to each series Debt Service Account based upon the outstanding principal amounts of each series of Bonds.

  • Investor Bonds shall be secured by a pledge of all Tax Increment representing the Developer Share and, if necessary to sell the Investor Bonds, by a Debt Service Reserve and/or a Taxpayer Agreement.

  • Subject to the applicable provisions of this Article IV and at the earliest practical time upon the request of the Developer, Westfield and the Redevelopment Commission will, promptly and to the extent permitted by law, issue Investor Bonds to refund all outstanding Developer Bonds.

  • Each series of Investor Bonds shall have a stated maturity not later than twenty-five (25) years, but in no event later than the TIF Expiration Date.

  • The Investor Bonds shall be issued in one or more series and shall have total debt service requirements which do not exceed the projected Developer Share for each year as shown by a TIF Consultant Report.

  • Investor Bonds shall only be issued for sale or transfer to Approved Investors.

  • Developer Bonds shall not constitute general obligations of Westfield, the Redevelopment Commission or the State, but shall be payable solely from the Developer Share, investment earnings and the proceeds of Investor Bonds.

  • Investor Bonds shall not constitute general obligations of Westfield, the Redevelopment Commission or the State, but shall be payable solely from the Tax Increment representing the Developer Share deposited from time to time in the Developer Subaccount of the Aurora Account of the Allocation Fund or from the proceeds of refunding Investor Bonds issued in accordance with this Agreement.

  • To achieve the objectives, the Company and Manager shall agree on a process for acquiring Eligible Bonds, reviewing eligibility criteria, performing initial due diligence, and calculating pricing for Eligible Sole Investor Bonds.

  • If the Bonds Outstanding are all Redeveloper Bonds, are all Lender Bonds or are all Lender Investor Bonds, to the extent that moneys on deposit in the Special Fund are not sufficient to fund Debt Service for each Outstanding series of Bonds on the next Interest Payment Date such moneys will be applied on a proportionate basis to each series Debt Service Account based upon the outstanding principal amounts of each series of Bonds.

Related to Investor Bonds

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

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

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

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

  • 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.

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

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

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

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • 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.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Series D Notes is defined in Section 1.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 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.

  • Trust Notes As defined in the Introductory Statement.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • 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.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • 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.

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

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.