Examples of SRF Bonds in a sentence
Neither Newco nor Photogen holds any inventory or other goods for resale to third parties.
The Series 2020B Bonds shall be issued as Senior SRF Bonds under the terms of the Master Resolution, shall be designated "DES MOINES METROPOLITAN WASTEWATER RECLAMATION AUTHORITY, SEWER REVENUE BONDS, SERIES2020B ", and bear interest from the date thereof, until payment thereof, at the office of the Paying Agent, said interest payable on June 1, 2021 and semiannually thereafter on the 1st day of June and December in each year until maturity at the rate hereinafter provided.
The Series 2020B Bonds shall be issued as Senior SRF Bonds under the Master Resolution, and shall not be secured by or payable from amounts held in the Debt Service Reserve Fund.
Upon issuance of the Series 2020B Bonds, the amount to be accumulated and maintained in the Debt Service Reserve Fund shall not be increased, but shall continue to remain equal to 100% of the Debt Service Reserve Requirement computed on a basis which includes all Senior Bonds which will be Outstanding immediately after issuance of the Series 2020B Bonds and which are not Senior SRF Bonds.
Following the completion of construction of the Tenant Improvements, Tenant shall deliver to Landlord properly executed final mechanic’s lien releases in compliance with both California Civil Code Section 8134 and either Section 8136 or Section 8138 from all of Tenant’s Agents, and a certificate certifying that the construction of the Tenant Improvements in the Premises has been substantially completed.
Each Installment of SRF Bonds shall be treated as a separate series of SRF Bonds for all purposes of the Master Resolution and the related Supplemental Resolution, including without limitation, for purposes of calculating Average Annual Debt Service Requirements.
So long as there are SRF Bonds Outstanding, the Resolution may not be effectively amended without the written consent of the DNRC.
Money from time to time held in the SRF Debt Service Account shall be disbursed only to meet payments of principal of, premium, if any, and interest on the Outstanding SRF Bonds payable therefrom as such payments become due.
The principal of and interest on the SRF Bonds shall be payable out of the SRF Debt Service Account and secured by the SRF Reserve Account.
The fair value of the Company’s long-term debt relating to First Mortgage and SRF Bonds (Bonds) is based on quoted market prices for similar issues.