Series 2002B Bond definition

Series 2002B Bond or "Series 2002B Bonds" means one or more of the Kentucky Rural Water Finance Corporation Public Projects Refunding Revenue Bonds (Flexible Term Program), Series 2002A, authorized by, and at any time Outstanding pursuant to, the Indenture, as supplemented.
Series 2002B Bond means the City’s Sanitary Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, issued in the maximum authorized principal amount of $12,100,000 pursuant to the Original Resolution, as then in effect.
Series 2002B Bond means the City’s First Amended and Restated Sanitary Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, issued in the maximum authorized principal amount of $5,590,000 pursuant to the Original Resolution, as then in effect.

Examples of Series 2002B Bond in a sentence

  • The Net Revenues to be produced by such rates, charges and rentals during the term of the Series 2013 Bonds are expected to be more than sufficient to pay the principal and interest when due on the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds, and to create and maintain reasonable reserves therefor and to provide an adequate allowance for replacement and depreciation, as prescribed herein.

  • The Borrower is authorized to charge just and equitable rates, charges and rentals for all services directly or indirectly furnished by the System, and to pledge and appropriate to the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds the Net Revenues to be derived from the operation of the System, including improvements, betterments or extensions thereof hereafter constructed or acquired.

  • Upon each advance of the Series 2013 Bonds, the deposit to the Reserve Account shall be sufficient to cause the balance in the Reserve Account to equal the Reserve Requirement in respect of the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond, and the principal of the Series 2013 Bonds so advanced.

  • The Borrower shall keep, perform and observe each and every one of its covenants and undertakings set forth in the Resolution for the benefit of the registered owners from time to time of the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds.

  • The Series 2002B Bond, Series 2005 Bonds, Series 2009B Bond and Series 2012 Bond are payable from Net Revenues of the System, and no other bonds or indebtedness are outstanding that are payable from or secured by revenues of the System.

  • There are universal programmes as well as initiatives targeted towards those facing the greatest difficulty.

  • In April 2013 MLI notified the Authority of the transaction reporting breach referred to in this Warning Notice as Breach 7.

  • The Series 2002A Bonds, Series 2002B Bond and Series 2005 Bonds are payable from Net Revenues of the System, and no other bonds or indebtedness are outstanding that are payable from or secured by revenues of the System.

  • The ownership interest of each actual purchaser of each Series 2002B Bond (Beneficial Owner) is in turn to be recorded on the Direct and Indirect Participants’ records.

  • Based on a certificate executed or to be executed by an Independent Consultant, it is hereby determined that the Borrower is authorized to issue the Series 2009B Bond in the maximum principal amount of$359,300 pursuant to Section 6.01 of the Original Resolution, with the Series 2009B Bond payable from and secured by the Net Revenues on a parity with the Outstanding Series 2002A Bonds, Series 2002B Bond and Series 2005 Bonds.


More Definitions of Series 2002B Bond

Series 2002B Bond means the City’s $2,890,000 First Amended and Restated Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, which is outstanding as of June 1, 2020 in the principal amount of $805,000.
Series 2002B Bond means the City’s $2,890,000 First Amended and Restated Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, which is outstanding as of August 1, 2015 in the principal amount of $2,154,000.
Series 2002B Bond means the City’s $5,000,000 Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, outstanding as of May 1, 2011 in the principal amount of $3,344,000.