Examples of New Money Bonds in a sentence
Amount: New Money Bonds – Up to $500,000,000 bonds issued for the purpose of funding the State’s capital program consisting of up to$450,000,000* in tax-exempt bonds and up to $50,000,000* in taxable bonds.
Amount: New Money Bonds – Up to $550,000,000* in bonds, issued for the purpose of funding the State’s capital program, consisting of up to$500,000,000* in tax-exempt bonds and up to $50,000,000* in taxable bonds.Denomination: $5,000 per bond, or integral multiples thereof Maturities: To be determined by the Treasurer, not to exceed 15 years.
Any New Money Bond proceeds used to reimburse the Division of Aviation for original expenditures will not be used within one (1) year after the allocation in a manner that results in the creation of replacement proceeds (as defined in Treasury Regulation§1.148-1) for the New Money Bonds or for other bonds.
All or part of the proceeds of the 2017/2018 New Money Bonds may be temporarily invested in Permitted Investments that will mature prior to the date on which such money shall be needed.
As a result, two different instruments were offered for creditors the "New Money Bonds" and the "Exit Bonds" or "BiBs." The issue of New Money bonds had been the outcome of a new trend in the international financing directives.
The form of the 2017/2018 Bonds shall further be changed as necessary to reflect whether the 2017/2018 Bonds are 2017/2018 New Money Bonds or 2017/2018 Refunding Bonds, whether the 2017/2018 Bonds are 2017/2018 Tax-Exempt Bonds or 2017/2018 Taxable Bonds, whether the 2017/2018 Bonds are Underwritten 2017/2018 Bonds or Direct Purchase 2017/2018 Bonds, any series or subseries designation for the 2017/2018 Bonds and the Current Mode of the 2017/2018 Bonds.
In the event that it shall not be possible or practicable to accomplish all of the Projects, the University may apply the proceeds of the 2017/2018 New Money Bonds to pay the costs of such portion thereof or such other projects as the Authorized Representative of the University shall determine to be in the best interests of the University.
Remarks: The date of sale of the New Money Bonds may be postponed at the discretion of the Treasurer in response to market conditions.
Bonds may be issued, from time to time, in one or more series or installments as New Money Bonds, as Refunding Bonds or as combination New Money Bonds and Refunding Bonds; provided that the aggregate principal amount of Bonds issued pursuant to this Supplemental Resolution shall not exceed the sum of the amounts authorized for such purposes pursuant to subsections (a) and (b) of this Section.
The 2014/2015 New Money Bonds shall be in an aggregate principal amount not to exceed $110,000,00050,000,000, and shall be issued in one or more series or subseries to pay (or pay commercial paper notes issued to payfinance or refinance) costs of the Projects and to pay Issuance Costs for the 2014/2015 New Money Bonds.