Sinking Fund Bonds definition

Sinking Fund Bonds means Bonds so designated by Series Resolution that are issued pursuant to the Indenture, the Act and such provisions of the LFL as are not inappropriate to be applied to the Sinking Fund Bonds.
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Sinking Fund Bonds means those Current Interest Bonds designated as such by the Treasurer in the Certificate of Award, and which are subject to Mandatory Sinking Fund Requirements but not subject to Mandatory Redemption Requirements.
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Sinking Fund Bonds means every, Obligation substantially in the form of Exhibit 4 to the Indenture, appropriately completed.
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Examples of Sinking Fund Bonds in a sentence

  • The Issuer has duly authorized the execution and delivery of this Indenture to provide for bonds consisting of its 12% Sinking Fund Bonds due December 31, 2007 (the "Bonds"), issuable as provided in this Indenture.

  • There is hereby authorized and created under this Indenture an issue of Bonds which are designated "▇▇▇▇▇▇ Resources, Inc., 12% Sinking Fund Bonds due December 31, 2007" with respect to the Bonds.

  • In addition to any Mandatory Sinking Fund Redemption provided herein, on the date of any Mandatory Sinking Fund Redemption, the Shipowner may, at its option, redeem an additional amount of principal of Sinking Fund Bonds (without Make-Whole Premium or other premium) equal in an amount to the Mandatory Sinking Fund Redemption payment (an “Optional Sinking Fund Redemption”); provided that, the right to make an optional redemption may not be cumulative.

  • This bond is one of a series, designated as Series [ ] Percent First Refunding Mortgage Sinking Fund Bonds, of said issue of bonds.

  • The terms “sinking fund payment” and “sinking fund redemption” in Exhibit 1 to this Indenture refer to the mandatory scheduled redemption for the Floating Rate Note, Stated Maturities of the Serial Bonds, and the Mandatory Sinking Fund Redemptions of Sinking Fund Bonds, all as set forth in the Amortization Schedule as the same may be revised as provided herein.

  • The Stated Maturities of the Serial Bonds shall be earlier than the Stated Maturity of the Sinking Fund Bonds.

Related to Sinking Fund Bonds

  • Sinking Fund Requirement means each annual scheduled contribution to a Sinking Fund for the redemption, at or prior to maturity, of Sinking Fund Bonds of a Series. The Authority may apply or credit against any Sinking Fund Requirement the principal amount of any Bonds to which that Sinking Fund Requirement applies (or, to the extent permitted by Series Resolution, other Bonds) that have been purchased or redeemed and not previously so applied or credited.

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.