Examples of Outstanding Bond Amount in a sentence
The Outstanding Bond Amount as of the Closing Date (assuming a closing in August, 1996) will be approximately $6,500,000.
From and after the date on which the total outstanding amount of such non-assignable letters of credit or bonds that have not been replaced or terminated (the “Outstanding Bond Amount”) is less than $1,000,000, Buyer shall have the right to receive disbursements from such escrow account in an amount equal to the difference between the amount in escrow and the Outstanding Bond Amount by providing evidence of the Outstanding Bond Amount as of the date of such requested disbursement.
The balance of the Purchase Price (i.e., $7,600,000 minus the Outstanding Bond Amount), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid in cash on the "Closing Date", as hereinafter defined (the amount to be paid under this subparagraph C being herein called the "CLOSING PAYMENT").
The applicable “400% PSA Outstanding Bond Amount for All Bonds” is the amount set forth in the third column of Exhibit B for the Interest Payment Date on which the redemption of the Bonds could occur on the first day of each month.
The applicable “100% PSA Outstanding Bond Amount for Premium PAC Bonds” is the amount set forth in the second column of Exhibit B for the first day of the month on which the redemption of Premium PAC Bonds could occur.