Payment of the Bonds definition

Payment of the Bonds means payment of (i) the principal of and interest on the Bonds in accordance with their terms whether through payment at maturity, upon acceleration or prepayment, (ii) all amounts due as Administrative Expenses or otherwise, and (iii) any and all other liabilities and obligations arising under the Indenture and this Loan Agreement; in any case, in such a manner that all such amounts due and owing with respect to the Bonds shall have been paid.

Payment of the Bonds means payment of the principal of and premium, if any, and interest on all or a portion of the Bonds in accordance with their terms, whether through payment at maturity or purchase or redemption or provision for such payment in such a manner that such Bonds or such portion shall be deemed to have been paid under the second paragraph of Section 1301 of this Trust Agreement.

Payment of the Bonds means payment in full of the principal of, premium, if any, and interest on all Bonds and all fees necessary to provide for the discharge of the Indenture or provision for such payment to discharge the Indenture as provided therein.

Examples of Payment of the Bonds in a sentence

• Subsequent to the issuance of the Bonds and prior to Payment of the Bonds, this Loan Agreement and the other Bond Documents may not be effectively amended, changed, modified, altered or terminated except in accordance with the Indenture.

• Any amounts remaining in the Bond Fund or otherwise in trust with the Trustee under the Indenture or this Loan Agreement shall, after Payment of the Bonds and all Administrative Expenses in accordance with this Loan Agreement, be disbursed by the Trustee in accordance with the provisions of the Indenture or otherwise as may be required by law.

• Subsequent to the issuance of the Bonds under Section 208 of the Trust Agreement and prior to Payment of the Bonds, this Agreement may not be effectively amended, changed, modified, altered or terminated except in accordance with the Trust Agreement.

• Payment of the Bonds is secured as described in the Bond Ordinance.

• Payment of the Bonds shall be effected prior to delivery of the Bonds on the First Value Date or a Further Value Date (free of transfer).

More Definitions of Payment of the Bonds

Payment of the Bonds means payment in full of the principal of and interest on the Bonds or provision for such payment as provided in the Indenture.

Payment of the Bonds means payment in full of the principal of, interest on and redemption price of the Bonds in accordance with their terms and the provisions of this Indenture and payment of all fees and expenses of the Issuer, the Purchaser and the Depositary payable by the Company under this Indenture, the Agreement or the Bond Purchase Agreement.

Payment of the Bonds means payment of the principal of and interest on all the Bonds in accordance with their terms, whether through payment at maturity or purchase and cancellation or redemption or provision for such payment in such a manner that the Bonds shall be deemed to have been paid under Sections 1301 of the Trust Agreement.

Payment of the Bonds full payment of the principal of, and premium, if any, and interest on all the Bonds in accordance with their terms, whether through payment at maturity, upon acceleration or redemption or provision for such payment in such a manner that the Bonds shall be deemed to have been paid under Article XIII of the Trust Agreement.

Payment of the Bonds means payment in full of the Series 2022 Bond and the making in full of all other Required Payments due and payable at the time of such payment.

Payment of the Bonds shall have the meaning given to such term in the Indenture.

Payment of the Bonds means payment in full of the Series 20222023 Bonds and the making in full of all other Required Payments due and payable at the time of such payment.