Refunding Project definition
Examples of Refunding Project in a sentence
The Refunding Project is to be financed through the sale of the Authority’s Water Facilities Revenue Bonds (Aqua Pennsylvania Project), Series A of 2010, in the aggregate principal amount of $45,180,000 (the “Authority Refunding Bonds”).
Project), Series A of 2005, in the aggregate principal amount of $49,540,000, of which $24,165,000 are due November 1, 2037 and $25,375,000 are due November 1, 2038 (the "Authority Series A Bonds"), and the Refunding Project is to be financed through the sale of the Authority's Water Facilities Revenue Refunding Bonds (Aqua Pennsylvania, Inc.
The Refunding Project has been approved by (1) the Local ▇▇▇, and (2) the Issuer by adoption of the Bond Resolution as required by the Act.
Upon the execution and delivery of the Site Lease and this Lease, the Trustee shall deposit the amount of $[1,300,000] with the Escrow Agent pursuant to the terms of the Site Lease, Indenture and Escrow Agreement, to defease the portion of the Series 2006A Certificates allocated to the City’s Golf Enterprise Fund and otherwise complete the Series 2020A Refunding Project.
The Company shall pay all Costs of completing the Refunding Project to the extent that such Costs exceed the loan proceeds, including interest earnings, available therefor.