Liquidity Provider Bonds definition

Liquidity Provider Bonds has the meaning set forth in the Ordinance.

Liquidity Provider Bonds shall have the meaning ascribed thereto in Section 4.06(a)(i) hereof.

Liquidity Provider Bonds means Bonds purchased with moneys provided by the Liquidity Provider under the Liquidity Facility, that are held for the account of and registered in the name of the Liquidity Provider or its nominee, and that have not been released from the lien of the Liquidity Provider under the Liquidity Agreement and this Bond Indenture.

Examples of Liquidity Provider Bonds in a sentence

• The Trustee shall promptly notify the Issuer and the Borrower in writing of the Bonds or portions thereof selected for redemption, provided, however, that in connection with any redemption of Bonds the Trustee shall select for redemption any Bonds held by the Trustee for the account of the Borrower or held of record by the Borrower prior to any Bonds other than Bank Bonds or Liquidity Provider Bonds.

• Upon notice by the Liquidity Provider or Bank that such Liquidity Provider or Bank has been reimbursed by the Borrower for the payment of all amounts drawn under the Liquidity Facility or Letter of Credit, as applicable, the Trustee shall hold the Liquidity Provider Bonds or Bank Bonds, as the case may be, in trust for the Borrower and such Bonds shall thereafter cease to be Liquidity Provider Bonds or Banks Bonds and shall be thereafter treated as Borrower Bonds, until remarketed as provided herein.

• The proceeds of any remarketing of Liquidity Provider Bonds or Bank Bonds shall be transferred by the Trustee to the Liquidity Provider or the Bank, as applicable.

• Upon receipt by the Trustee of funds representing the proceeds of the remarketing of Liquidity Provider Bonds or Bank Bonds, Bonds in place of such Liquidity Provider Bonds or Bank Bonds, as applicable, so purchased shall be made available for pick-up by the Remarketing Agent for subsequent delivery to the purchasers thereof, or the ownership interest shall be transferred to the new direct participants on the books of DTC.

• The Remarketing Agent shall seek to remarket any Liquidity Provider Bonds or Bank Bonds, as applicable, prior to remarketing any other Bonds tendered for purchase.

More Definitions of Liquidity Provider Bonds

Liquidity Provider Bonds means any Variable Rate Bonds registered in the name of a Liquidity Provider, or its nominee or agent, pursuant to Section 31-65.15(b).

Liquidity Provider Bonds means any Bonds purchased by the Liquidity Provider with funds drawn on or advanced under the Liquidity Facility.

Liquidity Provider Bonds means each Bond purchased with funds provided by the Bank under this Agreement, until such Bonds are remarketed in accordance with Section 2.04(b) or cease to bear interest at the Liquidity Provider Interest Rate pursuant to Section 2.04(c).

Liquidity Provider Bonds. Any Bonds purchased by the Liquidity Provider with funds drawn on or advanced under the Liquidity Facility.

Liquidity Provider Bonds means, unless the context otherwise requires, the beneficial ownership of such Liquidity Provider Bonds during any period that Liquidity Provider Bonds are maintained as Book Entry Bonds.

Liquidity Provider Bonds means the Bonds purchased by the Liquidity Provider pursuant to the Liquidity Facility relating to such Liquidity Provider and the terms hereof but excluding the Bonds no longer considered Liquidity Provider Bonds pursuant to the terms of the Liquidity Facility.

Liquidity Provider Bonds means Bonds purchased by the Liquidity Provider pursuant to a Liquidity Facility and the terms of the Agreement, but excluding Bonds no longer considered Purchased Bonds pursuant to the terms of the Liquidity Facility. Liquidity Provider Bonds are defined as Bank Bonds in the First Supplemental Indenture.