Qualifying bonds definition

Qualifying bonds means bonds or similar obligations issued by a county, municipal corporation, township, or transportation improvement district to fund or finance qualifying projects.
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Qualifying bonds means senior unsecured Bonds that were issued and sold by the Company or the Guarantor to unaffiliated third party investors in a registered distribution under the Securities Act, a distribution made in accordance with Regulation S under the Securities Act or a distribution exempt from registration under Rule 144A under the Securities 25 These should include such properties as a manufacturing plant, manufacturing facility, warehouse, equipment yard, distribution facility, or other property of a type included in the definition of “Principal Property” under any one or more Qualifying Bonds issued prior to the Issue Date.26 Restricted Subsidiary for Investment Grade and Material Subsidiary for High Yield.Act, in a single issuance amount at least equal to the lesser of (i) $100 million or (ii) 5% of the Consolidated Net Tangible Assets as of such date (or its equivalent in any other currency).
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Qualifying bonds means senior unsecured Bonds that were issued and sold by the Company to unaffiliated third party investors in a registered distribution under the Securities Act, a distribution made in accordance with Regulation S under the Securities Act or a distribution exempt from registration under Rule 144A under the Securities Act, in a single issuance amount at least equal to the lesser of (i) $100 million or (ii) 5% of the Consolidated Net Tangible Assets as of such date (or its equivalent in any other currency).
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Examples of Qualifying bonds in a sentence

  • Qualifying bonds, at the time of purchase, will be rated as investment-grade by at least two nationally-recognized bond rating services.

  • Qualifying bonds must have maturities of one year or more, a fixed coupon schedule and minimum outstanding of US$100 million.

  • Qualifying bonds are capitalization-weighted provided the total allocation to an individual issuer (defined by Bloomberg tickers) does not exceed 2%.

  • Qualifying bonds must have a corporate surety which is an acceptable surety on Federal bonds.

  • Qualifying bonds must be rated “BBB” or higher and have a remaining term to maturity of at least one year.

  • Qualifying bonds, at the time of purchase, must be rated as investment-grade by at least two nationally-recognized bond rating services.

  • Qualifying bonds must have a clearly designated use of proceeds solely applied toward projects or activities that promote climate change mitigation or adaptation or other environmental sustainability purposes.• S&P Green Bond Index: includes only those bonds whose proceeds are used to finance environmentally friendly projects.

  • Qualifying bonds could be restricted to short-term issues, or could be both short-term and long-term issues.2 These capital requirements were established under the 1988 Basle Capital Accords negotiation through the Bank for International Settlements.

  • Qualifying bonds must have a clearly designated use of proceeds that is solely applied toward projects or activities that promote climate change mitigation or adaptation or other environmental sustainability purposes as outlined by the ICMA Green Bond Principles.

  • Qualifying bonds must have at least one year remaining term to maturity, a fixed coupon schedule and a minimum amount outstanding of USD 100 million.

Related to Qualifying bonds

  • Qualifying Notes means, at any time, any securities (other than the Notes) issued directly or indirectly by the Issuer:

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • Qualifying Debt means amount due, which includes interest or any other sum due in respect of the amounts owed under any contract, by the debtor for a liquidated sum either immediately or at certain future time and does not include—

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • qualifying entity shall have the meaning set forth in Section 5.2.13(b) hereof.

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • Qualifying student means a student who is a South Carolina resident and who is eligible to be enrolled in a South Carolina secondary or elementary public school at the kindergarten or later year level for the current school year.

  • New Qualifying Jobs means the total number of jobs to be created by the Applicant after the Application Approval Date in connection with the project that is the subject of its Application that meet the criteria of Qualifying Job as defined in Section 313.021(3) of the TEXAS TAX CODE and the Comptroller’s Rules.

  • Qualifying country means a country with a reciprocal defense procurement memorandum of understanding or international agreement with the United States in which both countries agree to remove barriers to purchases of supplies produced in the other country or services performed by sources of the other country, and the memorandum or agreement complies, where applicable, with the requirements of section 36 of the Arms Export Control Act (22 U.S.C. 2776) and with 10 U.S.C. 2457. Accordingly, the following are qualifying countries:

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Qualifying job means a permanent full-time job that:

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Qualifying Offering means a private offering of *****’s equity securities (or securities convertible into or exercisable for *****’s equity securities) for cash (or in satisfaction of debt issued for cash) having its final closing on or after the date of this Agreement and which includes investment by one or more venture capital, professional angel, corporate or other similar institutional investors other than Stanford. For the avoidance of doubt, if ***** is a limited liability company, then “equity securities” means limited liability company interests in *****.