Net Bond Proceeds definition

Net Bond Proceeds means the total proceeds derived from the issuance, sale and delivery of the Bonds, representing the total purchase price of the Bonds, including any premium paid as part of the purchase price of the Bonds, but excluding the accrued interest, if any, on the Bonds paid by the initial purchaser(s) of the Bonds.

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Net Bond Proceeds means the proceeds of the PID Bonds issued pursuant to Sections 3.02, net of costs of issuance, capitalized interest, reserve funds and other financing costs, that are deposited to the project fund for such bonds.

Net Bond Proceeds means all cash received by EOPT or the Borrower as a result of the issuance or offering of any unsecured note, bond or debt instrument (other than drawings under the Existing Credit Agreement), less customary costs and discounts of issuance paid by EOPT or the Borrower, as the case may be.

Examples of Net Bond Proceeds in a sentence

The Bonds shall be issued at such times, in such amounts and with such terms as the City may determine in its sole discretion, notwithstanding anything to the contrary in this Agreement; provided, however, that the aggregate Bonds issued shall be sufficient to generate the Net Bond Proceeds for the purposes described herein and the maturity date of all Bonds shall not extend beyond the maturity date of the first series of Bonds issued under the Bond Resolution.
If at any time the Borrower, EOPT or any Consolidated Subsidiary of either or both receives any Net Bond Proceeds, Borrower shall pay to the Administrative Agent, for the account of the Banks, within thirty(30) days after the date of such receipt, an amount equal to the Net Bond Proceeds (but in no event more than the outstanding balance of the Loans).
Not less than one hundred (120) days prior to the date that any Net Bond Proceeds of Asset Sales would become Excess Proceeds, Borrower shall provide written notification thereof to Agent, together with a certification by an Authorized Person certifying the amount of such Net Bond Proceeds that shall become Excess Proceeds.
The amount of the Developer Cash Contribution for each series of PID Bonds shall be equal to the difference between the costs of the Public Improvements and the Net Bond Proceeds available to fund such costs of the Public Improvements related to such series of PID Bonds, as set forth in the SAP.
Project Costs already reimbursed by Net Bond Proceeds are not eligible for TIF reimbursement.

More Definitions of Net Bond Proceeds

Net Bond Proceeds has the meaning set forth in Section 5.2.

Net Bond Proceeds means the aggregate net proceeds of the Obligations (excluding any proceeds of Obligations issued to refund Obligations issued pursuant to this Indenture), net of financing costs, expenses, capitalized interest, if any, reserve funds or other deposits.

Net Bond Proceeds means the proceeds derived from the issuance of

Net Bond Proceeds means the aggregate gross proceeds from the sale of the CRR Bonds or similar securities less the costs of issuance (including, without limitation, investment banking fees, attorneys’ fees, accountants’ fees, underwriting fees and discounts, commissions, costs and other customary expenses), capitalized interest or reserve funds.

Net Bond Proceeds means all cash or other assets received by Borrower or the Company as a result of (i) the issuance or offering of any unsecured note, bond or debt instrument, including, without limitation, convertible notes, bonds or debt instruments (other than drawings under this Agreement or the Existing Revolving Credit Facility or any replacement thereof), less customary costs and discounts

Net Bond Proceeds means, with respect to the sale or issuance of bonds, debentures, notes or similar debt instruments by any Credit Party (but excluding, for greater certainty, any other type of Indebtedness), the gross cash proceeds received by such Credit Party from such sale or issuance less: (a) the sum of all commissions and legal, investment banking, brokerage, accounting, consulting and other fees and expenses incurred in connection with such sale or issuance; and (b) all amounts held in escrow or held back from the proceeds in connection with such issuance of bonds, notes or similar debt instruments by any Credit Party until such amounts are actually received by such Credit Party;

Net Bond Proceeds means with respect to the incurrence or issuance of any Indebtedness consisting of bonds or similar securities by the Borrower (excluding any Indebtedness under this Agreement or any similar loan facility), the excess of (i) the cash received in connection with such transaction over (ii) the cost of any call spread or similar derivative instrument entered into concurrently therewith, the underwriting discounts and commissions, the call spread premium and other reasonable and customary out-of-pocket expenses, incurred by the Borrower in connection therewith.