Liquidity Provider Bonds definition

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

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.

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).

Examples of Liquidity Provider Bonds in a sentence

• Permit or cause the redemption (pursuant to the terms of the Ordinance) of any and all Liquidity Provider Bonds prior to selecting, or causing to be selected, for redemption any Bonds that are not Liquidity Provider Bonds.

• The Bonds, the Liquidity Provider Bonds and the other Obligations of the City hereunder are secured by an irrevocable Lien on and pledge of, and are payable solely from the Security; and such Lien and pledge of the Security shall be (i) pari passu with the Lien on the Security granted in support of the Parity Obligations under the Ordinance and (ii) prior in right and claim as to any other indebtedness, liability or obligation (other than Parity Obligations) of the City payable from the Security.

• On the effective date of such Alternate Credit Facility or an Alternate Liquidity Facility, any and all Obligations due hereunder and all principal and interest due on the Liquidity Provider Bonds shall be payable in full to the Bank.

• The Bonds, the Liquidity Provider Bonds and the other Obligations constitute Parity Bonds or Parity Obligations, as applicable, under the Ordinance.

• In the event such notice is not timely delivered by a Bank Bondowner, such Bank Bondowner shall be deemed to have determined to sell such Liquidity Provider Bonds to a Purchaser on the Sale Date (subject to receipt by it of the funds called for by the next following sentence).

More Definitions of Liquidity Provider Bonds

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

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 Series Y Bonds tendered by the owners thereof and purchased by the Liquidity Provider pursuant to a drawing on the Liquidity Facility and not remarketed.

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.

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

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

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.