Refunded Bonds definition

Refunded Bonds means the portion of the $15,757,000 of the Series A Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2024 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, and may include all of those Original Bonds.

Refunded Bonds means those certain Prior Bonds being refunded by the Bonds.

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.

Examples of Refunded Bonds in a sentence

• The Escrow Fund hereby created is irrevocable and the owners of the Refunded Bonds are hereby granted an express lien on the corresponding account of the Escrow Fund until applied in accordance with this Agreement.

• The Federal Securities shall mature in principal amounts and pay interest in such amounts so that sufficient moneys will be available to pay (1) (a) the maturing interest with respect to the Refunded Bonds until April 1, 2022 and (b) 100% of the principal of the Refunded Bonds, on April 1, 2022, at which time the outstanding principal and interest with respect to the Refunded Bonds will be paid in full.

• This Agreement terminates when all payments of the principal and interest with respect to the Refunded Bonds required to be made to the owners of the Refunded Bonds under the provisions of the Indenture have been made.

• On the basis of a verification report provided by a verification agent as of the date of closing on the 2017 Bonds, the City hereby finds and determines that the investments described in Schedule II are advantageous in yield and maturity date to provide sufficient moneys to prepay the Refunded Bonds and to comply with United States Department of the Treasury regulations adopted or applicable pursuant to the Internal Revenue Code of 1986, as amended.

• The Escrow Agent and the City agree that the owners of the Refunded Bonds have a beneficial and vested interest in the corresponding account of the Escrow Fund as herein provided.

More Definitions of Refunded Bonds

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.

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.

Refunded Bonds means certain outstanding state-supported debt previously issued by the Authority and/or other authorized issuers.

Refunded Bonds means the maturities or portions of maturities of the Outstanding Bonds designated by the County Mayor pursuant to Section 8 hereof;

Refunded Bonds means the callable maturities of the Issuer's outstanding Limited Tax Revenue Bonds, Series 2010, dated December 1, 2010, consisting of those Series 2010 Bonds maturing March 1, 2021 to March 1, 2030, inclusive, which are being refunded by the Bonds, as more fully described in Exhibit A hereto.

Refunded Bonds means the Potential Refunded Bonds refunded by a Series of Bonds. "Refunded Notes" means the Revenue Financing System Commercial Paper Notes

Refunded Bonds means the bonds of the series and maturities designated as the “Refunded Bonds” pursuant to Section 2.03(q) hereof.