Outstanding Ordinance definition

Outstanding Ordinance means Ordinance No. 449, authorizing the issuance of the Outstanding Bond.
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Outstanding Ordinance means Ordinance No. 2016-1 adopted by the City Council of the Issuer on February 1, 2016, authorizing the issuance of the Outstanding Bond.
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Outstanding Ordinance means Ordinance No. 545 adopted by the City Council on October 6, 1986, as supplemented by Ordinance No. 656 adopted by the City Council on August 2, 1993, as supplemented by Ordinance No. 657 adopted by the City Council on September 20, 1993.
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Examples of Outstanding Ordinance in a sentence

  • The set aside or deposit of amounts required by this paragraph shall be in addition to the set aside or deposit requirements provided in the Outstanding Ordinance for the Outstanding Bonds.

  • There was established by the Outstanding Ordinance a separate account within the Bond and Interest Redemption Account designated the Bond Reserve Account (the “Bond Reserve Account”), which shall continue to be maintained by the Issuer.

  • Upon and after the effective date of this Ordinance, the Bond and Interest Redemption Account established pursuant to the Outstanding Ordinance shall continue to be maintained by the Issuer.

  • After the transfers required in (1) and (2) above, and so long as any principal installments of the Series 2019 Bond or the Outstanding Bonds remain outstanding, Revenues shall continue to be transferred each Fiscal Year quarter from the Receiving Account and deposited in the RRI Account in the amounts required by the Outstanding Ordinance.

  • If at any time it shall be necessary to use moneys in the Bond Reserve Account for such payment, then the moneys so used shall be replaced from the Net Revenues first received thereafter which are not required by the Outstanding Ordinance or this Ordinance to be deposited to the Operation and Maintenance Account or the Bond and Interest Redemption Account for current principal and interest requirements for the Series 2019 Bond or the Outstanding Bonds.

  • After the transfers required in (1) and (2) above, Revenues of the System shall continue to be deposited in the Junior Lien Bond and Interest Redemption Fund at the times specified in the Outstanding Ordinance for so long as the Outstanding Junior Lien Bonds remain outstanding.

  • The Revenues credited to the Receiving Account are pledged for the purposes of the funds and accounts established by the Outstanding Ordinance and this Ordinance and shall be transferred or debited from the Receiving Account periodically in the manner and at the times and in the order of priority specified in the Outstanding Ordinance and this Ordinance.

  • The Revenues credited to the Receiving Fund are pledged for the purposes of the funds and accounts established by the Outstanding Ordinance and this Ordinance and shall be transferred from the Receiving Fund periodically in the manner and at the times and in the order of priority specified in the Outstanding Ordinance and this Ordinance.

  • Subject to Sections 16-10a-601 and 16-10a-602 of the Act and Articles, the Corporation is authorized to issue any class of shares or securities convertible into shares of any class.

  • In addition to the transfers to the Bond and Interest Redemption Account required by the Outstanding Ordinance, after the transfer required in (1) above, Revenues shall be transferred each quarter of the Fiscal Year from the Receiving Account, before any other expenditures or transfer therefrom, and deposited in the Bond and Interest Redemption Account for payment of principal of and interest on the Bonds and to fund the Bond Reserve Account, in the amounts and at the times specified below.


More Definitions of Outstanding Ordinance

Outstanding Ordinance means Ordinance No. 254, authorizing the issuance of the Outstanding Bonds.
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Outstanding Ordinance means Ordinance No. 9985 of the Issuer duly adopted by the Village Council of the Issuer on September 9, 1985, authorizing the issuance of the Outstanding Bonds.
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Outstanding Ordinance means Ordinance No. 2014-005 adopted by the City Commission of the Issuer on August 18, 2014, authorizing the issuance of the Outstanding Bonds.
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Outstanding Ordinance means Ordinance No. 2017-256.
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Outstanding Ordinance means Ordinance No. 03 of 2019 of the Village.
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Outstanding Ordinance means Ordinance No. 307 adopted by the City Council of the Issuer on December 7, 2009, authorizing the issuance of Senior Lien Bonds and Junior Lien Bonds, including the Series 2010 Bond.
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Related to Outstanding Ordinance

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Outstandings means, collectively, at any date, the Letter of Credit Outstandings, Swing Line Outstandings and Revolving Credit Outstandings on such date.

  • Outstanding Obligations means, as of any date, and giving effect to making any Extensions of Credit requested on such date and all payments, repayments and prepayments made on such date, the sum of (a) the aggregate outstanding principal amount of all Loans, and (b) all Letter of Credit Usage.

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.

  • Outstanding Parity Bonds means the Outstanding Series 2010B Bonds, Series 2011A Bonds, Series 2012A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, and Series 2019A Bonds.

  • Outstanding Securities means, with respect to any Security and as of the date of determination, all Securities evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Outstanding Principal Amount means, in respect of a Covered Bond, its principal amount less, in respect of any Instalment Covered Bond, any principal amount on which interest shall have ceased to accrue in accordance with Condition 5.06 or otherwise as indicated in the Final Terms.

  • Outstanding Common Stock means, at any given time, the aggregate amount of outstanding shares of Common Stock, assuming full exercise, conversion or exchange (as applicable) of all options, warrants and other Securities which are convertible into or exercisable or exchangeable for, and any right to subscribe for, shares of Common Stock that are outstanding at such time.

  • Outstanding Principal means, on any given date and in relation to any Receivable, the sum of all (i) Principal Instalments due but unpaid at such date; and (ii) the Principal Instalments not yet due at such date.

  • Outstanding Units means, with respect to any Unit and as of the date of determination, all Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Outstanding Principal Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to principal.

  • Outstanding Interest Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to interest.

  • Outstanding Credit Exposure means, as to any Lender at any time, the sum of (i) the aggregate principal amount of its Revolving Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the aggregate principal amount of Swing Line Loans outstanding at such time, plus (iii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Trustee Advance Rate With respect to any Advance made by the Trustee pursuant to Section 4.01(b), a per annum rate of interest determined as of the date of such Advance equal to the Prime Rate in effect on such date plus 5.00%.

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.