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.

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

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 bond resolution provides for five separate accounts designated as Net Bond Proceeds account, Debt Service account, Debt Service Reserve account, Cost of Issuance account and Rebate account.

• Except for use and disclosure of CPNI that is permitted without customer approval under section § 64.2005, or that is described in this paragraph, or as otherwise provided in section 222 of the Communications Act of 1934, as amended, a telecommunications carrier may only use, disclose, or permit access to its customer’s individually identifiable CPNI subject to opt-in approval.

• Notwithstanding the terms of any grant agreement or other grant document relating to the Additional Public Funds utilized for the Project, the Redeveloper, and not the City, shall be responsible for any matching funds requirement required with respect to such Additional Public Funds (other than such portion thereof, if any, that is payable from the Net Bond Proceeds utilized by the City to satisfy its obligations under Section 8.4 of this Agreement).

• 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.

• Project Costs already reimbursed by Net Bond Proceeds are not eligible for TIF reimbursement.

More Definitions of Net Bond Proceeds

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 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 that amount of proceeds from bonds issued by the City pursuant to Ordinance No. ORD-2013-9534; which amount is $35,048,922.61.

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 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 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.

Net Bond Proceeds means that amount of proceeds from Bonds issued by the City pursuant to Section 2.3 herein that is net after providing for the payment of issuance costs, the creation of reserves, and the deposit of capitalized interest, and upon terms and conditions that conform to Applicable Law and that are satisfactory to the City.