Refunded Prior Bonds definition

Refunded Prior Bonds means all or any portion of Prior Bonds that have been refunded with proceeds of Bonds issued under the Master Trust Agreement;
Refunded Prior Bonds means, individually or collectively, as applicable, the portion of each of the Prior Bonds which are being refunded with a portion of the proceeds of the Bonds, as set forth in Schedule A hereto;
Refunded Prior Bonds means the portion of the Prior Bonds which are refunded from the proceeds of the Refunding Bonds under the Escrow Agreements.

Examples of Refunded Prior Bonds in a sentence

  • Upon payment in full of the principal, interest and redemption premium of the Refunded Prior Bonds, and all fees, expense and charges of the Escrow Bank as described above, this Agreement shall terminate and the Escrow Bank shall be discharged from any further obligation or responsibility hereunder.

  • The Escrow Bank shall not be liable for the recitals or representations contained in this Agreement and shall not be responsible for the validity of this Agreement, the sufficiency of the Escrow Fund or the moneys and Federal Securities or any substitute Federal Securities to pay the principal, interest and redemption premium on the Refunded Prior Bonds.

  • This Agreement may be amended by the parties hereto, but only if there shall have been filed with the District and the Escrow Bank a written opinion of Bond Counsel stating that such amendment will not materially adversely affect the interests of the owners of the Refunded Prior Bonds, and that such amendment will not cause interest on the Refunded Prior Bonds to become includable in the gross income of the owners thereof for federal income tax purposes.

  • There is hereby created a fund (the “Escrow Fund”) to be held by the Escrow Bank as an irrevocable escrow securing the payment of the Refunded Prior Bonds, subject to and in accordance with the provisions of this Agreement.

  • The Council hereby determines that it is advisable to contract a debt and issue and sell its Bonds for the purpose of refunding the Refunded Prior Bonds, including the payment of redemption premium thereon, and financing the costs of issuing the Bonds.

  • By: _______________________________ Title: ____________________________ XXXXXXXX AIRPORT ADVERTISING, INC.

  • The City shall irrevocably deposit in the Escrow Fund an amount of proceeds received by the City from the sale of the Bonds which will be sufficient to provide (taking into account investment earnings or not taking them into account in the discretion of the City) for the payment of the principal of, redemption premium and interest on the Refunded Prior Bonds upon the Redemption Date and for the interest coming due thereon prior to the Redemption Date.

  • This program is carried out at the initiative of the central government, in this case the PP-PA Ministry, and regional governments (provinces and kabupaten/kota).

  • The principal amount of the Bonds does not exceed the amount necessary to retire the Refunded Prior Bonds, including costs of issuance of the Bonds.

  • All of the terms of the Prior Bonds Resolution relating to the making of payments of principal of and interest on the Refunded Prior Bonds are incorporated in this Agreement as if set forth in full herein.


More Definitions of Refunded Prior Bonds

Refunded Prior Bonds means the portion of the Prior Bonds which are being refunded with the Series 2010A Refunding Bonds as set forth in Schedule A hereto;
Refunded Prior Bonds means all or a portion of each series of the Prior Bonds which are being refunded with the proceeds of the Bonds, together with other funds of the Trust, as set forth in Schedule A hereto;
Refunded Prior Bonds means the Authority’s Wastewater Revenue Bonds, Refunding Series 2014 (Junior Lien), maturing on and after March 1, 2025. Series 2022 Bond means the Woodland Finance Authority Wastewater Revenue Bond, Refunding Series 2022 (Federally Taxable Convertible) issued hereunder. Taxable Rate means 3.60% per annum. Tax-Exempt Rate means 2.845% per annum.
Refunded Prior Bonds means the Series 1995 Refunding Bonds.

Related to Refunded Prior Bonds

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 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.

  • 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.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after March 31, 2002.

  • Stated Maturity Date has the meaning specified in Section 2.1 hereof.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Expected Maturity Date means June 15, 2021.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Existing Bonds means the following obligations of Seller:

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Refinanced Debt has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Stated Maturity when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

  • Class C Maturity Date is defined in the Indenture.

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Defeased Note shall have the meaning set forth in Section 2.4.1(a)(v) hereof.

  • Scheduled Maturity Date means June 30, 2032.

  • 2026 Notes means the 7.75% Senior Notes due 2026, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).