Refunding Issue definition

Refunding Issue means an issue the Proceeds of which are or are to be used to pay Debt Service on Refunded Bonds and includes Issuance Costs, Pre-Issuance Accrued Interest or permitted capitalized interest, a reasonably required reserve or replacement fund and similar costs of the Refunding Issue.
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Refunding Issue means all Bonds delivered pursuant to Section 203 of the General Resolution.
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Refunding Issue means, a refunding issue as defined in Treasury Regulations
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Examples of Refunding Issue in a sentence

  • The Tax-Exempt Obligations taken into account for this purpose exclude any Private Activity Bonds and any Current Refunding Portion and Current Refunding Issue to the extent that the amount of such Current Refunding Portion or Current Refunding Issue does not exceed the outstanding amount of the obligations refunded by such Current Refunding Portion or Current Refunding Issue.

  • The only spending exception applicable to a Refunding Issue is the 6-month Exception.

  • Refunding Issue Advance Refunding: On August 1, 2017, the City issued 2017 Sales Tax Special Obligation Revenue (STAR) Bonds in the amount of $71,305,000 with a net interest cost of 4.28% due on September 1, 2033.

  • If the Prior Issue satisfies one of the rebate Spending Exceptions, the Proceeds of the Prior Issue that are excepted from rebate under that exception are not subject to rebate either as Proceeds of the Prior Issue or as Transferred Proceeds of the Refunding Issue.

  • However, if the Prior Issue does not satisfy any of the Spending Exceptions and is not otherwise exempt from rebate, the Transferred Proceeds from the Prior Issue will be subject to rebate, even if the Refunding Issue satisfies the 6-Month Spending Exception.

  • The Rebate Amount will be calculated on the Transferred Proceeds on the basis of the Yield of the Prior Issue up to each transfer date and on the basis of the Yield of the Refunding Issue after each transfer date.

  • Solely for purposes of determining whether or not the expenditure requirement has been met under the 6-month Exception for a Refunding Issue, proceeds of the refunded issue that become Transferred Proceeds of the Refunding Issue are, in general, not treated as “gross proceeds” of the Refunding Issue and need not be spent for the Refunding Issue to satisfy that spending exception.

  • If any portion of the Obligations is treated as a separate Refunding Issue under Treasury Regulations §1.148-9(h), that portion is treated as a separate issue.

  • The preceding sentence does not apply for purposes of the 18-month Exception and 2-year Construction Exception if those payments cause the issue to be a Refunding Issue.

  • The shareholders of the Company approved the Bonus Issue at the special general meeting of the Company held on 18 June 2015.


More Definitions of Refunding Issue

Refunding Issue means any Bonds delivered pursuant to Section 2.03 hereof.
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Refunding Issue means all Bonds delivered pursuant to Section 203 of this
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Refunding Issue means an issue the Proceeds of which are or are to be used to pay Debt Service on Refunded Bonds and includes Issuance Costs, Pre Issuance Accrued Interest or permitted capitalized interest, a reasonably required reserve or replacement fund and similar costs of the Refunding Issue.
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Refunding Issue means, a refunding issue as defined in Treasury Regulations section1.150-1(d). In general, a Refunding Issue means an issue (or the portion of an issue treated as a separate Refunding Issue under Treasury Regulations section1.148-9(h)), the proceeds of which are used to pay principal, interest, or redemption price on another issue.
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Refunding Issue means all Bonds delivered pursuant to the General Resolution.
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Refunding Issue means all Bonds delivered pursuant to Section 203 of the General Resolution. “Reimbursement Obligation” shall have the meaning provided in Section 214(b) of the General
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Related to Refunding Issue

  • Refunding Bond or “Refunding Bonds” means all or a portion of the

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Expected Maturity Date means June 15, 2021.