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

• No portion of the Net Proceeds of the Refunded Obligations was used to reimburse an expenditure paid by the City more than 60 days prior to the date the applicable resolution of intent was adopted, except as described in the Tax Compliance Agreement or similar document for the Refunded Obligations.

• Proceeds of the Bonds will be used to pay principal and interest on the Refunded Obligations.

• All of the Bonds are being used to refund the Refunded Obligations.

• At least 85% of the net sale proceeds of the Refunded Obligations were used to carry out the governmental purpose of the Refunded Obligation within three years after the issue date of the Refunded Obligations, and not more than 50% of the proceeds of the Refunded Obligations were invested in Investments having a substantially guaranteed Yield for four years or more.

• Proceeds of the Bonds deposited in the Escrow Fund or otherwise allocable to a current refunding of the Refunded Obligations (see Section 3.8) may be invested without Yield restriction for up to 90 days after the Issue Date.

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 outstanding obligations of the City described in Schedule I 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.