Special Project Bonds definition

Special Project Bonds means any bonds issued to finance construction and/or acquisition of facilities which will not constitute a part of the System and which will not be paid out of revenues from the Contracts.
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Special Project Bonds means those bonds the District reserves the right to issue in Article Eleven of this Order.
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Special Project Bonds means any bonds or notes issued from time to time in one or more installments for the purchase, construction, improvement, extension, replacement, enlargement or repair of facilities (whether or not such facilities are connected to or integrated into facilities that comprise the System) necessary under a service contract, lease, lease-purchase agreement, installment sale agreement or any other type of contract or contracts with persons,
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Examples of Special Project Bonds in a sentence

  • Special Project Bonds are secured by a mortgage on the financed properties.

  • Special Project Bonds payable from and secured by revenues may be issued by the Authority for the purpose of providing additional facilities to enable the Authority to render service to other users, provided that such Special Project Bonds are not payable from or secured by a pledge of Net Revenues.

  • Special Project Bonds may be additionally secured by a mortgage or deed of trust lien upon only the physical properties of the project purchased or constructed with the proceeds of such bonds.

  • The Credit Enhancer has further found and determined, on the basis of the advice of its staff and financial advisors, that the proposed credit enhancement is advisable, absent additional equity provided by the Borrower, with respect to the remarketing of the Special Project Bonds.

  • The agency has neither the power to pledge the credit of either state or any municipality nor to levy taxes or assessments.Consolidated financial statements for the Port Authority (including the Passenger Facility Charges Program) for the fiscal year ended December 31, 2012 disclosed the following (expressed in millions): Except for Special Project Bonds, the Authority’s debt is secured by its full faith and credit, its reserve funds, or a pledge of future revenues.

  • Consolidated financial statements for the Port Authority for the fiscal year ended December 31, 2000 disclosed the following (expressed in thousands): Port Authority Except for Special Project Bonds, the Authority's debt is secured by its full faith and credit, its reserve funds, or a pledge of future revenues.

  • The Special Project Bonds do not and shall not constitute a debt or liability, or a pledge of the faith and credit, of the Credit Enhancer or of the Commonwealth or any political subdivision thereof.

  • The principal of and premium, if any, and interest on the Special Project Bonds are and shall be payable solely from the revenues of the Project and other funds specifically pledged for such purpose and not from any other revenues or properties of the Credit Enhancer.

  • Pursuant to the 1990 Trust Agreement on December 31, 1990 the Credit Enhancer issued $40,000,000 of its special project revenue bonds (the "Special Project Bonds"), the proceeds of which were to be lent to the Borrower for the purpose of financing costs of constructing, equipping and furnishing a 270-room conference and hotel (the "Project") to be erected on property in the Bird Island Flats section of Boston-Lxxxx International Airport that is leased by the Borrower from the Credit Enhancer.

  • Because the Borrower had advised the Credit Enhancer that it had been unable to market the Special Project Bonds but that it expected that it would be able to find investors during the first few months of 1991, the Special Project Bonds were issued with the understanding that the proceeds would be held in escrow for the benefit of the Bondholders while the Borrower and its placement agent pursued efforts to remarket the Special Project Bonds.


More Definitions of Special Project Bonds

Special Project Bonds means bonds, notes, loans or other obligations or arrangements that are (a) issued or entered into in connection with the financing, planning, design, engineering, acquisition, installation, construction, reconstruction, operation or maintenance of Special Projects and (b) payable from and secured by revenues derived from Special Projects. Special Project Bonds are not Bonds.
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Related to Special Project Bonds

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Existing Bonds means the following obligations of Seller:

  • 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.

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

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 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.

  • Refunding Bond or “Refunding Bonds” means all or a portion of the

  • Project Funding means the funding for the Services;

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”).

  • Surety Bonds means surety bonds obtained by the Borrower or any Restricted Subsidiary consistent with market practice and the indemnification or reimbursement obligations of the Borrower or such Restricted Subsidiary in connection therewith.

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

  • Transition bonds means bonds, notes, certificates of

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

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

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series A” or “Series B”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • Completion Bonds means Bonds issued pursuant to a Supplemental Indenture ranking on parity with the Series of Bonds issued under such Supplemental Indenture, the proceeds of which are to be used to complete the Project.

  • Energy project means the installation or modification of an energy efficiency improvement or the acquisition, installation, or improvement of a renewable energy system.