Refunded Obligations definition

Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.
Refunded Obligations means those Refundable Obligations designated by the Pricing Officer in each Pricing Certificate to be refunded.
Refunded Obligations means all or a portion of the Existing Indebtedness which is to be refunded with the proceeds of the Authority Bonds, as set forth in Exhibit B.

Examples of Refunded Obligations in a sentence

  • Upon the taking of all the actions as described herein by the Escrow Agent, the Escrow Agent shall have no further obligations or responsibilities hereunder to the Issuer, the owners of the Refunded Obligations or to any other person or persons in connection with this Agreement.

  • This Agreement and all of the terms and provisions hereof shall be liberally construed to effectuate the purposes set forth herein and to achieve the intended purpose of providing for the refunding of the Refunded Obligations in accordance with applicable law.

  • The Escrowed Securities and other assets of the Escrow Fund shall always be maintained by the Escrow Agent as trust funds for the benefit of the owners of the Refunded Obligations; and a special account thereof shall at all times be maintained on the books of the Escrow Agent.

  • This Agreement shall be binding upon the Issuer and the Escrow Agent and their respective successors and legal representatives, and shall inure solely to the benefit of the owners of the Refunded Obligations, the Issuer, the Escrow Agent and their respective successors and legal representatives.

  • No such amendment shall adversely affect the rights of the holders of the Refunded Obligations.


More Definitions of Refunded Obligations

Refunded Obligations means such portion, if any, of the Authority’s outstanding fixed or variable rate Bonds and Subordinated Bonds as shall be specified in a Certificate of Determination.
Refunded Obligations means those obligations described in Schedule I attached hereto that have been selected and designated to be refunded by the Pricing Officer in the Pricing Certificate.
Refunded Obligations means the obligations listed in Exhibit C.
Refunded Obligations means those obligations described in Exhibit G attached hereto, which are being refunded and defeased with the proceeds of the Bonds and other legally available funds of the City, if any.
Refunded Obligations means the Refunding Candidates designated as Refunded Obligations in the Pricing Certificate.
Refunded Obligations means the $6,085,000 outstanding principal amount of the Series 2014 Certificates, scheduled to mature on December 1, 2020.
Refunded Obligations. – means the Obligations designated in the Pricing Certificate from the universe of Refunded Obligation Candidates.