Outstanding Parity Bonds definition

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 Parity Bonds means any bonds payable from the Sales Tax.

Outstanding Parity Bonds means the Series 2006B Bonds, the Series 2008A Bonds, the Series 2009A Bonds, the Series 2014A Bonds, the Series 2014B Bonds, the Series 2015A Bonds, the Series 2015B Bonds, the Series 2015C Bonds, the Series 2016A Bonds, the Series 2016B Bonds and the Series 2017A Bonds.

Examples of Outstanding Parity Bonds in a sentence

• It shall be specifically understood and agreed, however, that after the funds have actually been set aside out of the revenues of the Tax for any year sufficient to pay the principal and interest on the Bonds, the Outstanding Parity Bonds and any Additional Parity Bonds, then any annual revenues of the Tax remaining in that year shall be free for expenditure by the Issuer.

• The Bonds shall be secured by and payable solely from, equally with the Outstanding Parity Bonds, an irrevocable pledge and dedication of the avails or proceeds of the Tax.

• Additional bonds may be issued on and enjoy a full and complete parity with the Bonds with respect to the revenues of the Tax, provided that the anticipated Tax revenues in the year in which the additional bonds are to be issued, as reflected in the budget adopted by the Issuer, must be at least 1.50 times the combined principal and interest requirements for any calendar year on the Bonds, the Outstanding Parity Bonds and the said additional bonds.

• All ordinances and parts of ordinances in conflict herewith, except the ordinances authorizing the Outstanding Parity Bonds, are hereby repealed; provided, however, that this ordinance shall not be construed as adversely affecting the rights of the owners of the Outstanding Parity Bonds.

• In compliance with the Tax Ordinance, all of the Net Revenues of the Tax shall continue to be set aside in a separate fund, as provided in the Outstanding Parity Bond Ordinance and as herein provided and shall be and remain pledged for the security and payment of the Bonds and the Outstanding Parity Bonds in principal and interest and for all other payments provided for in this Bond Ordinance until the Bonds and the Outstanding Parity Bonds shall have been fully paid and discharged.

More Definitions of Outstanding Parity Bonds

Outstanding Parity Bonds means the Issuer's unrefunded Limited Tax Revenue Bonds, Series 2010, dated December 1, 2010 and maturing March 1, 2020.

Outstanding Parity Bonds means the Outstanding Series 2011A Bonds, Series 2012D Bonds, Series 2012E Bonds, and Series 2014 Bonds.

Outstanding Parity Bonds means the Issuer's outstanding (i) Limited Tax Revenue Bonds, Series 2010 and (ii) Limited Tax Revenue Refunding Bonds, Series 2019, as described in the preamble hereto.

Outstanding Parity Bonds means the Outstanding Series 2011A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, Series 2019 Bonds, and Series 2020A Bonds; the Series 2020B Bonds have been issued but are not yet Outstanding under the terms of the Series 2020B Bond Resolution.

Outstanding Parity Bonds means, as of the date of this Eleventh Supplemental Ordinance, the Bonds of 2009, the Bonds of 2010, the Bonds of 2011A, the Bonds of 2011B, the Bonds of 2012 and the Bonds of 2013.

Outstanding Parity Bonds means the Issuer's unpaid and unrefunded "Regional Wastewater System Revenue Refunding Bonds, Series 2011", "Regional Wastewater System Revenue Bonds, Series 2011A", "Regional Wastewater System Revenue Bonds, Series 2012", "Regional Wastewater System Revenue Improvement and Refunding Bonds, Series 2013", "Regional Wastewater System Revenue Refunding Bonds, Series 2014", "Regional Wastewater System Revenue Refunding Bonds, Series 2016", "Regional Wastewater System Revenue Improvement and Refunding Bonds, Series 2017", "Regional Wastewater System Revenue Improvement and Refunding Bonds, Series 2018", and “Regional Wastewater System Revenue Improvement and Refunding Bonds, Series 2019”.

Outstanding Parity Bonds means the bonds of the Borrower that have been issued or incurred prior to the Effective Date and standing on a parity and equality with the WIFIA Bond with respect to the Lien on the Net Revenues, as described in Part A of Schedule III (Existing Indebtedness).