Option Bonds definition

Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

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Option Bonds means Bonds which by their terms may be tendered by and at the option of the owner whereof for purchase or payment by the Authority prior to the stated maturity thereof, or the maturities of which may be extended by and at the option of the owner thereof.

Option Bonds means Secured Bonds which by their terms may be tendered by and at the option of the owner thereof for purchase or payment by the City prior to the stated maturity thereof.

Examples of Option Bonds in a sentence

• Nothing herein shall be deemed to limit the right of the Corporation to issue Option Bonds or Bonds or other bonds or notes to refund Outstanding Bonds and such issuance shall not be deemed to constitute an extension of the maturity of the Bonds.

• The applicable Proceeds Fund or any escrow account created in accordance with Section 5.08 hereof and all earnings on such funds and accounts is hereby pledged solely to the payment of the principal, redemption, purchase or tender premium, if any, and interest on the respective Series of Convertible Option Bonds or Short‐Term Bonds, and not otherwise.

• If any portion of the money deposited with the Trustee for the payment of the principal of and premium, if any, and interest on Option Bonds is not required for such purpose, the Trustee shall, if requested by the Corporation, pay the amount of such excess as follows: first, to each Provider the Provider Payments which have not been repaid, pro rata, based upon the respective Provider Payments then unpaid to each Provider; and, then, the balance thereof to the Corporation.

• Any such obligations, including the Trustee's obligation to pay tender fees to the Bank on behalf of the registered owners of the Option Bonds from amounts which would otherwise be payable as interest on the Option Bonds due to such owners, are hereby incorporated herein by reference.

• Payment for, and delivery of, the Option Bonds (the Option Closing Date) shall take place on [●] 2014.

More Definitions of Option Bonds

Option Bonds means Bonds subject to tender for payment prior to their maturity at the option of the Holder thereof.

Option Bonds means Bonds which by their terms may be tendered by and at the option of, or required to be tendered by, the Holder thereof for payments or purchased by the Authority or another party prior to stated maturity thereof and require that such Bonds be purchased if properly presented.

Option Bonds means Subordinate Bonds that the Owner thereof may at

Option Bonds means Bonds or Subordinate Obligations which by their terms may be tendered by and at the option of the holders thereof for payment by the Authority prior to the stated maturity thereof, or the maturities of which may be extended by and at the option of the holder thereof.

Option Bonds means Bonds which by their terms may be tendered by and at the option of the Owner thereof to the Department or to the issuer of an Enhancement Facility providing liquidity with respect to such Bonds, for purchase prior to the stated maturity thereof, or the maturities of which may be extended by and at the option of the Owner thereof.

Option Bonds means Bonds which by their terms may be tendered by and at the option of the Bondholder for payment by the State prior to the stated maturity thereof, or the maturities of which may be extended by and at the option of the Bondholder.

Option Bonds means up to an additional RMB1,000,000,000 1.625 per cent. USD settled convertible bonds due 2019 issued pursuant to an option granted to the Joint Bookrunners to increase the principal amount of the Bonds