Refunded Note definition

Refunded Note means the Town’s Promissory Note, Series 2018 (Energy Efficiency Improvements), initially issued in the principal amount of $300,000 and currently outstanding in the principal amount of $270,000.
Sample 1
Refunded Note means the City's Hurricane Recovery Revenue Note, Series 2018.
Sample 1
Refunded Note means the Electric Utility Revenue Note, Series 2018 of the City.
Sample 1

Examples of Refunded Note in a sentence

  • The Borrower covenants that the proceeds of the Bonds will be used only for the refunding of the Refunded Note, to make a termination payment in connection with the cancellation of a hedging agreement associated with the Refunded Note, and to pay costs of issuance of the Bonds.

  • Issuer makes no warranty, either express or implied, as to the Project or the condition thereof, or that the Project will be suitable for the purposes or needs of Borrower or that the proceeds from the sale of the Bonds will be sufficient to pay all costs of refunding the Refunded Note.

  • The balance of the Bond proceeds will be used to pay costs of issuance and a termination payment in connection with the cancellation of a hedging agreement associated with the Refunded Note.

  • The amount of Bond proceeds to be used to re-finance the Eligible Costs of the Project through the refunding of the Refunded Note is $ .

  • The City is proposing to issue the Series 2021 Note for the purpose of refunding the Refunded Note, as more fully described in the Loan Agreement.


More Definitions of Refunded Note

Refunded Note means all or a portion of the Issuer's outstanding Capital Improvement Refunding Revenue Note, Series 2010; provided, if only a portion of the Capital Improvement Refunding Revenue Note, Series 2010 is retired, the Issuer and the Owner of the Refunded Note shall agree in writing on the principal amounts which will remain outstanding on such Refunded Note and the respective principal payment dates.
Sample 1
Refunded Note means the City of Port Orange, Florida Tax-Exempt Revenue Note, Series 2010 (Xxxxxx College Project)
Sample 1
Refunded Note means the Issuer's Outstanding Infrastructure Sales Surtax Refunding Revenue Note, Series 2015.
Sample 1

Related to Refunded Note

  • Note The signature to this Assignment Form must correspond with the name as it appears on the face of the Warrant, without alteration or enlargement or any change whatsoever, and must be guaranteed by a bank or trust company. Officers of corporations and those acting in a fiduciary or other representative capacity should file proper evidence of authority to assign the foregoing Warrant.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.