Limited obligation bonds definition

Limited obligation bonds means any bonds payable, both principal and interest, from any taxes, other than taxes or assessments levied upon property.
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Limited obligation bonds means any bonds payable, both
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Limited obligation bonds means any bonds payable, both principal and interest, from any
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Examples of Limited obligation bonds in a sentence

  • Limited obligation bonds payable Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited obligation refunding bonds payable Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited Obligation Bonds Payable Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited obligations bonds Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited obligations bonds payable Limited obligation bonds are direct obligations and pledge the full faith and credit of the school district.

  • Limited obligation bonds payable This debt was retired during the year.

  • Limited obligation bonds are direct obligations and pledge the full faith and credit of the School District.

  • The County's limited obligation bonds payable at June 30, 2020 are comprised of the following individual issues: Limited obligation bonds serviced by the General Fund: $18,030,000 limited obligation Series 2012A QSCB issued November 2012 due in semi- annual interest payments with the principal due in 2036.

  • Limited obligation bonds of the District are as follows: Description Interest Rate Issue Date Maturity Date Amount Issued Amount OutstandingState aid capital improvement refunding bonds, Series 20151.362%5/20/20153/1/2018 $ 2,378,000 $ -Total $ 2,378,000 $ - This debt was fully retired from the MAEP Retirement Fund during the fiscal year.

Related to Limited obligation bonds

  • Subordinated Obligation means any Indebtedness of the Issuer or a Note Guarantor (whether outstanding on the Closing Date or thereafter Incurred) that is subordinate or junior in right of payment to the Notes (in the case of the Issuer) or the Note Guarantee (in the case of a Note Guarantor) pursuant to a written agreement.

  • Loan Document Obligations means (a) the due and punctual payment by the Borrower of (i) the principal of the Loans and all accrued and unpaid interest thereon at the applicable rate or rates provided in this Agreement (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations of the Borrower under or pursuant to this Agreement and each of the other Loan Documents, including obligations to pay fees, expenses, reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual payment and performance of all other obligations of the Borrower under or pursuant to each of the Loan Documents and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to this Agreement and each of the other Loan Documents (including interest and monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).