Series 1996 Bonds definition

Series 1996 Bonds means that series of presently outstanding Bonds authorized by the Board in the Bond Resolution.

Series 1996 Bonds means the Industrial Development Refunding Revenue Bonds (Southern States Utilities, Inc. Project), dated as of January 1, 1996, and issued by the Issuer in the original principal amount of $35,105,000 pursuant to the Refunded Bonds Indenture, all of which are outstanding as of the date hereof.

Series 1996 Bonds means the Taxable Industrial Development Revenue Bonds (Huntco Steel, Inc. Project), Subordinate Series 1996, of City issued pursuant to the Series 1995 and 1996 Indenture, authorized in the total principal amount of not to exceed $12,000,000, as described in the Series 1995 and 1996 Indenture.

Examples of Series 1996 Bonds in a sentence

• Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as such Borrower may specify and (b) applied to reduce Initial Term Loan Repayment Amounts, any New Term Loan Repayment Amounts, and, subject to Section 2.14(f), Extended Term Loan Repayment Amounts, as the case may be, in each case, in such order as such Borrower may specify.

• The Net proceeds were used to redeem the Series 1996 Bonds on July 15, 2006.

• As a result, the advance refunded Series 1996 Bonds are considered defeased, and the liability for these bonds has been removed from the System’s Statements of Net Position.

• In June 2006, pursuant to the provisions of the Trust Indenture for the Series 1996 Bonds and a Second Supplemental Trust Indenture dated June 2006, the Corporation issued Air Terminal Project Revenue Bonds, Series 2006A and Series 2006B (collectively, the “Series 2006 Bonds”) in the principal amounts of $4,150,000 and $3,980,000, respectively.

• Any such proceeds which remain after the Property has been acquired and construction of Recreational Facilities on the Property has been completed or abandoned will be used by the Trustee pursuant to the Indenture solely to redeem Series 1996 Bonds on the earliest date upon which they can be called without premium pursuant to the Indenture or otherwise applied to pay principal upon the Series 1996 Bonds.

More Definitions of Series 1996 Bonds

Series 1996 Bonds means the bonds authorized to be issued under Section 2.02 of the Indenture.

Series 1996 Bonds means the Board’s Permanent University Fund Refunding Bonds, Series 1996, issued under the Series 1996 Resolution in the original aggregate principal amount of $263,945,000.

Series 1996 Bonds means Bonds issued in the aggregate principal amount of $25,900,000 and dated November 20, 1996 "State " means the State of California. "Substitution Date" means (i) any Conversion Date on which the interest rate on all outstanding Bonds is being converted to a new Interest Mode; (ii) any day during any Long-Term Interest Rate Mode, but only a day on or after a date the Bonds are then permitted to be optionally redeemed pursuant to Section 3.01(c) hereof and only to the extent that the principal portion of the stated amount of the then-existing Letter of Credit includes, in addition to an amount equal to the principal amount of Bonds outstanding, an amount equal to any premium then payable; (iii) any Commercial Paper Rate Reset Date on which the interest rate on all outstanding Bonds in the Commercial Paper Mode is subject to reset; or (iv) any day during any Daily Period or Weekly Period, in each case on which an Alternate Credit Facility delivered pursuant to the provisions of Section 5.01(b) hereof becomes effective "Tender Agent" means Bankers Trust Company of California, N.A., and its successors acting in such capacity under the Indenture. "Tender Notice" has the meaning provided in Section 2.03(a) hereof. "Trustee" means Bankers Trust Company of California, N.A., and its successors acting in such capacity under this Indenture. "Unassigned Rights" means the rights of the Issuer under Sections 4.2(c), (d) and (e), 7.3, 9.2 and 9.3 of the Loan Agreement. "Undelivered Bond" means any Bond purchased pursuant to tender or in lieu of redemption and which is not delivered to the Trustee for payment of the purchase price thereof and is subject to the second paragraph of Section 2.07. "U.S. Government Obligations" means (i) noncallable direct obligations of the United States of America for which its full faith and credit are pledged or (ii) noncallable obligations of a person controlled or supervised by and acting as an agency or instrumentality of the United States of America, the payment of which is unconditionally guaranteed as a full faith and credit obligation of the United States of America. "Weekly Interest Period" means while the Bonds are in a Weekly Rate Mode, each period from and including Wednesday of each week (and if the first day of any Weekly Rate Period is not a Wednesday, the Weekly Rate Conversion Date on which such Weekly Rate Period commences) through and including the following Tuesday, whether or not such days are Business Days.

Series 1996 Bonds means The Board of Regents of The University of Texas System Permanent University Fund Refunding Bonds, Series 1996, dated February 1, 1996, and issued in the aggregate principal amount of $263,945,000.

Series 1996 Bonds means the $12,300,000 Sewage and Solid Waste Disposal Revenue Bonds (Crown Paper Co. Project), Series 1996 of the Issuer authorized in the Bond Resolution and in Section 2.02 of the Indenture.

Series 1996 Bonds means the Authority's $66,975,000 aggregate principal amount of Public Facilities Revenue Bonds, Series 1996.

Series 1996 Bonds means the Authority’s Public Improvement Revenue Bonds (Stadium Project), Series 1996 issued and from time to time outstanding under the Indenture.