Series 2006B Bonds definition

Series 2006B Bonds means the Board’s Permanent University Fund Refunding Bonds, Series 2006B, issued under the Series 2006B Resolution in the original aggregate principal amount of $284,065,000.
Series 2006B Bonds means the Airport Authority’s $400,000,000 original principal amount Airport System Revenue Bonds, Series 2006B.
Series 2006B Bonds means the $28,295,000 State of Ohio (Treasurer of State) Cultural and Sports Capital Facilities Refunding Bonds, Series 2006B, dated December 14, 2006 and issued pursuant to the Series Order 2006.

Examples of Series 2006B Bonds in a sentence

  • The Swap Agreements entered into to hedge exposure to variable interest rates on the Series 2006B Bonds, remained in place and were amended to relate to the Series 2008A Bonds.

  • Financial Guaranty Insurance Company (FGIC) provided a municipal bond insurance policy for the Series 2006B Bonds.

  • FGIC was downgraded by the rating agencies and, as a result, the variable interest rate on the Series 2006B Bonds increased significantly and was at a rate that was unacceptable to the Parish.

  • Interest and principal on the Series 2006B Bonds will not be paid until there is sufficient tax increment to service the interest and principal due on the Series 2006A Bonds and to establish various reserves and deposits.

  • Interest and principal on the Series 2006B Bonds are special obligations of the City payable only from specified tax increment to be deposited in a special revenue account pursuant to an ordinance enacted by the City Council.

  • The Airports Authority has $227.5 million of Series 2005A Bonds that are callable on October 1, 2015, $245.0 million of Series 2006A Bonds that are callable on October 1, 2016 and $375.3 million of Series 2006B Bonds that are also callable on October 1, 2016.

  • The Series 2006B Bonds bear interest at the rate of 7.5% per annum, payable semi-annually.

  • The Series 2006B Bonds are junior to Series 2006A Bonds issued by the City in the original principal amount of $30,795,000 (approximately $28,300,000 are currently outstanding).

  • The Series 2006B Bonds have been classified as held-to-maturity investments as the Company has the positive intent and ability to hold the securities to maturity.

  • Currently there is not sufficient tax increment to pay interest on the Series 2006B Bonds.


More Definitions of Series 2006B Bonds

Series 2006B Bonds means the $39,705,000 original principal amount of Variable Rate Demand System Facilities Revenue Bonds, Series 2006B, of the University authorized and issued pursuant to the Series 2006 Resolution.
Series 2006B Bonds means the Brentwood Infrastructure Financing Authority, Infrastructure Revenue Refunding Bonds, Subordinated Series 2006B authorized and issued hereunder.
Series 2006B Bonds means the City of Olathe, Kansas Tax Exempt Industrial Revenue Bonds (DCI, Inc. Project), Series 2006B, issued in the aggregate principal amount of $400,000.
Series 2006B Bonds means the Issuer's Water Facilities Refunding Revenue Bonds (Sierra Pacific Power Company Project) Series 2006B, currently outstanding in the aggregate principal amount of $75,000,000. "Series 0000X Xxxxxxxxx" means the Indenture of Trust dated as of November 1, 2006 between the Issuer and the Series 2006B Trustee, as trustee, pursuant to which the Series 2006B Bonds were issued.
Series 2006B Bonds or "2006B Bonds" means the "City of Santa Fe Gross Receipts Tax

Related to Series 2006B Bonds

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Refunded Bonds means the portion of the $15,757,000 of the Series A Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2024 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2, and may include all of those Original Bonds.