Refunded Bonds definition

Refunded Bonds means the portion of the $660,000 of the Series G Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2025 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.
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Refunded Bonds means those certain Prior Bonds being refunded by the Bonds.
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Refunded Bonds means all or a portion of the Refunding Candidates selected by the Designated Representative to be refunded with proceeds of a Series of the Bonds and included in a Refunding Plan.
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Examples of Refunded Bonds in a sentence

  • The holders of the Refunded Bonds shall have a first lien on the moneys and Investment Securities in the Escrow Fund which are allowable and sufficient to pay such Refunded Bonds until such moneys and Investment Securities are used and applied as provided in this Agreement, as verified by the Verification Report.

  • The Escrow Agent shall be entitled to rely conclusively upon an unqualified opinion of nationally recognized municipal bond attorneys with respect to compliance with this Section 10, including the extent, if any, to which any change, modification, addition or elimination affects the rights of the holders of the Refunded Bonds or that any instrument executed hereunder complies with the conditions and provisions of this Section 10.

  • Such transfers shall constitute the respective payments of principal of and interest on the Refunded Bonds due from the District.

  • The Escrow Agent makes no representation as to the sufficiency of the Investment Securities to accomplish the refunding and defeasance of the Refunded Bonds or to the validity of this Agreement as to the District and, except as otherwise provided herein, the Escrow Agent shall incur no liability with respect thereto.

  • The holders of a majority in principal amount of the Refunded Bonds then remaining unpaid may, by an instrument or instruments filed with the District, appoint a successor Escrow Agent who shall supersede any Escrow Agent theretofore appointed by the District.


More Definitions of Refunded Bonds

Refunded Bonds means certain outstanding state-supported debt previously issued by the Authority and/or other authorized issuers.
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Refunded Bonds means obligations of a Prior Issue the Debt Service on which is or is to be paid from Proceeds of a Refunding Issue.
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Refunded Bonds means the Potential Refunded Bonds refunded by a Series of Bonds. "Refunded Notes" means the Revenue Financing System Commercial Paper Notes
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Refunded Bonds means the obligations of the City designated as such in the Pricing Certificate from the list of Refunded Bond Candidates described in Schedule I attached hereto.
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Refunded Bonds means the presently outstanding bonds of the maturities and in the principal amounts described in Exhibit I hereto, which are issued as part of one of the following series of the State’s General Obligation Bonds:
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Refunded Bonds means the maturities or portions of maturities of the Outstanding Bonds designated by the County Mayor pursuant to Section 8 hereof;
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Refunded Bonds means the particular Outstanding Parity Bonds that the Authorized Representative, acting for and on behalf of the Board pursuant to Sections 7.04 and 7.05 hereof, determines shall be refunded by a Series of Bonds, and which, in accordance with Section 7.05(b), may include Tender Offer Obligations. The Refunded Bonds shall be specified in the Award Certificate.
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