Senior Bond Fund definition

Senior Bond Fund means the Southwestern Illinois Flood Prevention District Council Sales Tax Revenue Bond and Interest Fund created and established in the Senior Indenture.
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Senior Bond Fund means the Bond Fund created by or confirmed by the
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Senior Bond Fund means the means the Hampton Roads Sanitation District (Virginia) Wastewater Revenue Bonds Bond Fund created and so designated by Section 501 of the Senior Trust Agreement.
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Examples of Senior Bond Fund in a sentence

  • Monthly to the Senior Bond Fund, (i) into the Principal Account amounts equal to one-twelfth of the next succeeding principal requirement (whether at maturity or pursuant to a sinking fund redemption requirement) on all Senior Lien Obligations, and (ii) into the Interest Account amounts equal to one-sixth of the next succeeding interest requirement, on all Senior Lien Obligations.

  • For a more complete description of the 2018 Senior Bond Fund and the use thereof see “APPENDIX F — Summary of Certain Provisions of Legal Documents — The Indenture.” Bond Reserve FundsSenior Lien Obligation Bond Reserve Funds.

  • Pursuant to the Indenture, the Trustee will create the 2018 Senior Bond Fund which will contain the 2018 Principal Account, the 2018 Interest Account and the 2018 Redemption Account.

  • So long as any Series 2018 Bonds are outstanding, the Trustee will deposit the Purchase Payments transferred to it by the City from the Interest Account and Principal Account of the Bond Fund held by the City and established under the Airport Revenue Bond Ordinance into the 2018 Interest Account and the 2018 Principal Account, respectively, of the 2018 Senior Bond Fund held by the Trustee.

  • The Indenture requires that the Trustee deposit the Purchase Payments received from the City from Net Airport Revenues in the 2018 Senior Bond Fund and use such amounts to pay the principal of and interest on the Series 2018 Bonds due on the following day.

  • SanWtiago Levy, GuiOllermo CruceRs.Graph 2 maps workers into four quadrants.

  • Senior (S), Net of Deposits in Senior Bond Fund $90,600 $193,246 c $299,827 $306,713 $314,985 $320,82441.

  • Total Debt Service, Net of Existing Deposits [Sum Lines 40-44]$165,992$276,354 $387,898$405,182$416,866$423,650 a Numb ers may not add up due to rounding.b Base Fee and Service Charges from FY2014 onward, reflect PRASA's July 15, 2013 rate increase.c Debt Service Amount Due of $236.8M reduced b y $43.6M deposit (made in FY2013) to the Senior Bond Fund (see Line 30).

  • Total Deposits to Capital Improvement Funda Numbers may not add up due to rounding.b Operating and Authority Revenues from FY2014 onward, reflect PRASA's July 15, 2013 rate increase.c Debt Service Amount Due of $236.8M reduced by $43.6M deposit (made in FY2013) to the Senior Bond Fund.

  • For a more complete description of the 2017 Senior Bond Fund and the use thereof see “APPENDIX F — Summary of Certain Provisions of Legal Documents — The Indenture.” Bond Reserve FundsSenior Lien Obligation Bond Reserve Funds.


More Definitions of Senior Bond Fund

Senior Bond Fund means the Senior Bond Fund established in Section 5.01.
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Senior Bond Fund means the Bond Fund established under the 1980 Resolution for payment of principal of, premium, if any, and interest on the Senior Bonds.
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Related to Senior Bond Fund

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

  • Bond Fund means the fund created by Section 6.02 of the Indenture.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

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

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • 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.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Bond Purchase Fund means the Fund so designated, which is created and established by a Series Indenture.

  • Escrowed Bonds means Municipal Obligations that (i) have been determined to be legally defeased in accordance with S&P’s legal defeasance criteria, (ii) have been determined to be economically defeased in accordance with S&P’s economic defeasance criteria and assigned a rating of AAA by S&P, (iii) are not rated by S&P but have been determined to be legally defeased by S&P or (iv) have been determined to be economically defeased by S&P and assigned a rating no lower than the rating that is S&P equivalent of S&P’s AAA rating. In the event that a defeased obligation which is an S&P Eligible Asset does not meet the criteria of an Escrowed Bond, such Municipal Obligation will be deemed to remain in the Issue Type Category into which it fell prior to such defeasance.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Redemption Fund means the fund by that name established and held by the Trustee pursuant to Section 5.04.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.