Refunded Notes definition

Refunded Notes means that portion of the Series 298 Notes and Series 300 Notes paid from the proceeds of the Bonds and other available funds of the Issuer.

Refunded Notes means those portions of the Series 306 Notes and Series 308 Notes retired from the proceeds of the Notes and other available funds of the Issuer.

Refunded Notes means, collectively, the following temporary notes of the Issuer:

Examples of Refunded Notes in a sentence

• The Issuer shall 1) hold proceeds in a special and irrevocable fund, 2) invest proceeds only in cash or direct obligations of the United States, and3) apply proceeds and earnings only in accordance with the terms and conditions of the Resolution and to pay principal and interest on the Refunded Notes when due.

• Proceeds invested shall mature before the date on which moneys are required for payment of principal and interest on the Refunded Notes.

• Any funds received from the Issuer for use of UMB Bank, n.a. of West Des Moines, Iowa, as Paying Agent, to pay principal and interest on the Refunded Notes, shall be held in cash or non-interest bearing demand deposits separate from all other moneys or accounts of the Issuer.

• PRINCIPAL AMOUNT], for the purpose of providing funds to: (a) pay a portion of the costs of the Improvements; (b) pay costs of issuance of the Bonds; and (c) retire the Refunded Notes.

• Upon redemption of the Refunded Notes on February 10, 2021, any excess moneys shall be transferred by the Prior Notes Paying Agent to the Paying Agent, and the Paying Agent shall deposit the same in the Sinking Fund.

More Definitions of Refunded Notes

Refunded Notes means a portion of the Series 2015-I Notes maturing on October 1, 2017.

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

Refunded Notes means collectively the following described temporary notes:

Refunded Notes means the particular Flexible Rate Notes 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. The Refunded Notes shall be specified in the Award Certificate.

Refunded Notes means the Series 2010-I Notes maturing on October 1, 2011, in the aggregate principal amount of $7,465,000.

Refunded Notes means collectively, that portion of the Series 249 Notes, Series 251 Notes, Series 260 Notes and Series 264 Notes paid from the proceeds of the Bonds and other available funds of the Issuer.

Refunded Notes means those outstanding CP Notes, if any, which the Administrator and CEO has determined shall be paid at the maturity thereof pursuant to Section 4.02.