Put Bonds definition

Put Bonds means bonds, other than Variable Rate Bonds, which by their terms may be tendered by and at the option of the holders thereof for payment prior to the stated maturity thereof.

Put Bonds means Bonds that by their terms may be tendered by and at the option of the Holder thereof for payment prior to the stated maturity thereof.

Put Bonds means any bond which by its terms may be tendered by and at the option of the holder thereof for payment prior to the stated maturity or redemption date thereof either (a) by [the Issuer or] the Borrower and by the Person and/or from the source specified in a Supplemental Indenture or (b) without recourse to [the Issuer or] the Borrower, by the Person and/or from the source specified in a Supplemental Indenture.

Examples of Put Bonds in a sentence

• Except with respect to Indexed Term Put Bonds as provided above in Section 202(g)(1), the Bond Trustee shall calculate the interest payable on the Bonds on each Interest Payment Date, using the rates determined pursuant to this Section, and will confirm the amount of interest payable for each interest period for the applicable minimum denomination by telephone or in writing to any Bondowner, upon request.

• Except with respect to Indexed Term Put Bonds, the Remarketing Agent shall promptly notify the Bond Trustee and the Corporation of each interest rate determined for the Bonds by Electronic Notice, and shall confirm the interest rate in effect for each Bond by telephone to the registered or beneficial owner of such Bond, upon request.

• With respect to Indexed Term Put Bonds, in any case where the date of maturity of principal of, redemption premium, if any, or interest on the Bonds or the date fixed for redemption of any Bonds shall be a day other than a Business Day, then payment of principal, redemption premium, if any, or interest need not be made on such date but may be made on the next succeeding Business Day, and interest shall accrue on the Bond to the day of payment.

• With respect to Indexed Term Put Bonds, the Corporation shall also deliver a certificate of an authorized representative certifying that any conditions to such redemption set forth in the Continuing Covenant Agreement have been met and identify any amounts due and owing under the Continuing Covenant Agreement (including without limitation in connection with such redemption).

• In the case of a conversion to an FRN Rate from another Interest Rate Mode or the continuation of Bonds as FRN Rate Bonds in a new FRN Rate Period, the Authority shall, prior to such conversion, elect by written notice to the Trustee, the Tender Agent and the Remarketing Agent that such FRN Rate Bonds be either FRN Rate Hard Put Bonds or FRN Rate Soft Put Bonds.

More Definitions of Put Bonds

Put Bonds means Permitted Debt which by its terms may be tendered by and at the option of the holder thereof for payment prior to the stated maturity or redemption date thereof either (a) by the Issuer or the Borrower and by the Person and/or from the source specified in a Supplemental Resolution or (b) without recourse to the Issuer or the Borrower, by the Person and/or from the source specified in a Supplemental Resolution; provided, however, that such payment by the Issuer or the Borrower shall in any event be required to be supported by a Credit Facility.

Put Bonds means Bonds which by their terms may be tendered at the option of the Holder thereof, or are subject to a mandatory tender other than at the election of the Issuer for payment or purchase prior to the stated maturity or redemption date thereof.

Put Bonds means any bond which by its terms may be tendered by and at the option of the holder thereof for payment prior to the stated maturity or redemption date thereof either (a) by the Borrower and by the Person and/or from the source specified in a Supplemental Indenture or(b) without recourse to the Borrower, by the Person and/or from the source specified in a Supplemental Indenture. For all purposes of this Agreement, Soft Put Bonds shall not be Put Bonds.

Put Bonds the Bonds outstanding at the end of business on the Tender Record Date.

Put Bonds means Bonds which by their terms may be tendered by and at the option of the registered owner thereof for payment or purchase prior to the stated maturity thereof.

Put Bonds means all Bonds which, in accordance with this Indenture (including any Supplemental Indenture authorizing the issuance of a Series of Bonds), may be tendered for payment or purchase by or on behalf of the Authority prior to the stated maturities thereof.

Put Bonds means Bonds which by their terms may be tendered by and at the option of the Owner thereof for payment prior to the stated maturity or redemption date thereof either (i) by the Authority and by the Person and/or from the source specified in a Supplemental Resolution or (ii) without recourse to the Authority by the Person and/or from the source specified in a Supplemental Resolution.