Premium Term Bonds definition

Premium Term Bonds means the 2019 Series A Bonds maturing on , , and
Premium Term Bonds means the Term Bonds due , and , which were sold at a premium as shown on the inside cover page.
Premium Term Bonds means the 2024 Series C-1 Bonds maturing on November 1, 2031. “Premium Offered Bonds” means the Premium Serial Bonds and the Premium Term Bonds. “Purchase Date” means (i) for a 2024 Series C-2 Bond in the Daily Mode or the Weekly Mode, any Business Day selected by the owner of such Bond pursuant to the provisions of Section 7.1 of this Series Indenture and (ii) for a 2024 Series C-2 Bond in the Term Rate Mode, the last day of the Interest Period for such Bond (or the next Business Day is such last day is not a Business Day), but only if the Owner thereof shall have elected to have such Bond purchased on such date pursuant to Section 7.3 of this Series Indenture.

Examples of Premium Term Bonds in a sentence

  • The 2024 Series C-1 Bonds (other than the 2024 Series C-1 Premium Term Bonds prior to January 1, 2033, unless otherwise required by federal tax law when no other 2024 Series C-1 Bonds remain outstanding) are subject to mandatory redemption from Tax Restricted Prepayments and Repayments (as defined in the Supplemental Indenture) of the 2024 Series C Mortgage Loans attributable to the 2024 Series C-1 Bonds, as set forth in the Indenture.

  • In the event that there are excess Directed Principal Receipts following an Interest Payment Date, such excess may be applied for any purpose authorized herein, including for the redemption of other 2024 Series C Bonds (other than the 2024 Series C-1 Premium Term Bonds prior to January 1, 2033) under Sections 3.3(b) and 3.4 hereof.


More Definitions of Premium Term Bonds

Premium Term Bonds means the Term Bonds due September 1, 2039, September 1, 2044, and March 1, 2050, which were sold at a premium as shown on the inside cover page.
Premium Term Bonds means the Series 2022A Bonds maturing in the years 20[ ], 20[ ] and 20[ ].]
Premium Term Bonds means the 2020 Series A Bonds maturing on , , and .

Related to Premium Term Bonds