Refunding Obligations definition

Refunding Obligations means any notes or bonds issued under the provisions of this Article. (1935, c. 445, s. 2; 1985 (Reg. Sess., 1986), c. 823, s. 1.)

Refunding Obligations means a series of bonds or other evidence of indebtedness including but not limited to, notes, commercial paper, capital leases or any other obligations of the County issued or incurred to refund all or any portion of the Permanent Original Obligations or any indebtedness issued to refinance the Permanent Original Obligations; provided, however, Refunding Obligations shall not include Pass-Through Obligations.

Refunding Obligations means the revenue bonds intended to be hereafter issued by the Issuer on a non-Taxable basis in order to refund the Series 1996A Bonds.

Examples of Refunding Obligations in a sentence

• The recitals herein and in the proceedings authorizing the Refunding Obligations shall be taken as the statements of the Issuer and shall not be considered as made by, or imposing any obligation or liability upon, the Escrow Agent.

• This Board hereby finds and determines that all of the proceeds from the sale of the Refunding Obligations will be needed for the purposes set forth in Section 6 hereof.

• Full Faith and Credit Refunding Obligations, Series 2011R – Issued in the amount of $4,945,000 on June 2, 2011 and used to refund a majority of the Series 2002A obligations.

• The Refunding Obligations shall be executed in the manner provided in the General Bond Resolution.

• The Escrow Agent is not a party to the proceedings authorizing the Refunding Obligations or the Refunded Obligations and is not responsible for nor is bound by any of the provisions thereof (except as a place of payment and paying agent and/or a Paying Agent/Registrar therefor).

More Definitions of Refunding Obligations

Refunding Obligations means, collectively, Refunding Bonds and Refunding Notes issued pursuant to this Resolution.

Refunding Obligations means (a) any bonds, notes or other obligations, including but not limited to certificates of participation and lease revenue bonds, issued by the District or the Authority for the purpose of refunding the Notes on or before the maturity thereof, and (b) any bonds, notes or other obligations, including but not limited to certificates of participation and lease revenue bonds, issued by the District or the Authority to refund any prior issue of Refunding Obligations.

Refunding Obligations means any bonds, notes, certificates or obligations issued or incurred by the Issuing District and designated by the Issuing District as secured by a lien on all or a portion of the Pledge Agreement Revenue payable hereunder, provided that such obligations (i) are issued or incurred for the purpose of refunding all or a portion of the outstanding Series 2017 Bonds, (ii) are issued in compliance with the Colorado Municipal Bond Supervision Act (Section 00-00-000, et seq.) or any successor statute, and (iii) will initially be issued in the manner satisfying the provisions of Section 32-1-1101(6), C.R.S.; and further provided that if the principal amount of such obligations exceeds the principal amount of the Series 2017 Bonds being refunded due to the funding of costs of issuance, funding reserve fund or a surplus fund, but not to finance or reimburse the costs of Facilities (the “Excess Principal Amount”), the aggregate amount of the original principal amount of the Series 2017 Bonds and the Excess Principal Amount shall not exceed $35,000,000.

Refunding Obligations means the Town of Chino Valley, Arizona Pledged Revenue Refunding Obligations, Series 2021.

Refunding Obligations means a bond, note (including a commercial paper note or bond anticipation note), installment purchase agreement, financing lease, inter-fund loan or any other obligation for borrowed money, or any portion thereof, issued or incurred by or on

Refunding Obligations means bonds, notes or other obligations of the Authority that are issued to refund any Bonds and that are payable from the Revenues on a parity with the Bonds.

Refunding Obligations mean one or more series of bonds or other evidences of indebtedness issued by the City for the purpose of (i) refunding Outstanding Obligations or Credit Agreement Obligations, (ii) providing for the payment of Termination Payments or (iii) providing for the payment of Additional Rent Reimbursement Obligations pursuant to Section 2.9(c).