System Bonds definition

System Bonds means all bonds, notes and other obligations payable solely or primmarily from Net Revenues, Refinancing Proceeds, System Bond proceeds and earnings thereon, or from other sources as designated in the Resolution of Sale for that series of bonds.
System Bonds means the Bonds and any Parity Debt.
System Bonds means all outstanding obligations of the Government (or portions thereof, as applicable) that have been designated as “System Bonds” pursuant to a Supplemental Indenture and for which such designation has not been terminated pursuant to a Supplemental Indenture. System Surplus Fund

Examples of System Bonds in a sentence

  • The Parties agree that any allocation prepared by the Concessionaire that is prepared in accordance with said section 1060 and the applicable Income Tax Regulations and does not restrict the ability of the City to preserve the tax-exempt status of interest on the System Bonds shall be binding upon the Parties.

  • The Parties agree that any allocation under said section 1060 must not restrict the City’s ability to preserve the tax- exempt status of the interest on the System Bonds as determined by the City.

  • Notwithstanding anything herein to the contrary, so long as the Series 2014_ Bonds are held under the Book Entry System, Bonds will not be delivered as set forth in Section 2.07(a) through (c) (except as set forth in Section 2.07(b)); rather, transfers of beneficial ownership and pledges of the Series 2014_ Bonds to the Persons indicated above will be effected on the books of the Securities Depository and its Participants pursuant to the rules and procedures of the Securities Depository.

  • The Parties agree that any allocation prepared by the Concessionaire that is prepared in accordance with said section 1060 and the applicable Income Tax Regulations and does not restrict the ability of the Authority or the Borough, as applicable, to preserve the tax-exempt status of interest on the System Bonds shall be binding upon the Parties.

  • In no event shall the Concessionaire bear any liability for failure of such “remedial actions” or any other event that would have an adverse impact on the tax-exempt status of the System Bonds.

  • The Parties agree that any allocation under said section 1060 must not restrict the City’s ability to preserve the tax-exempt status of the interest on the System Bonds as determined by the City.

  • However, pursuant to NMSA 1978, § 6-14-10(E), as amended, records with regard to the ownership or pledge of System Bonds are not subject to inspection or copying.

  • The Parties agree that any allocation under said section 1060 must not restrict the Authority’s or the Borough’s ability to preserve the tax-exempt status of the interest on the System Bonds as determined by the Authority or the Borough, as applicable.


More Definitions of System Bonds

System Bonds means the following outstanding debt obligations of the City:
System Bonds means the following outstanding debt obligations of the Borough and the Authority related to the System: (i) $6,630,000 principal amount of the Borough's General Obligation Bonds, Series A of 2003 (Tax-Exempt); (ii) $425,000 principal amount of the Borough's General Obligation Bonds, Series B of 2003 (Federally Taxable); (iii) $7,800,000 principal amount of the Authority's Guaranteed Water and Sewer Revenue Bonds – Series of 2004; and (iv) $6,955,000 principal amount of the Borough's General Obligation Bonds, Series of 2009.
System Bonds means the following outstanding debt obligations of the City: (i) $2,960,000 principal amount of Guaranteed Sewer Revenue Bonds, Series of 2003; (ii) $675,000 principal amount of Guaranteed Water Revenue Bonds, Series of 2003; (iii) $1,640,000 principal amount of Tax-Exempt Guaranteed Water Revenue Bonds, Series of 2004; (iv) $185,000 principal amount of Tax-Exempt Guaranteed Sewer Revenue Bonds, Series of 2004; (v) $1,315,000 principal amount of Guaranteed Water Revenue Bonds, Series of 2008; (vi) $3,095,000 principal amount of Guaranteed Sewer Revenue Bonds, Series of 2008 and (vii) Loan Number 87004 in the maximum principal amount of $8,612,681 from the Pennsylvania Infrastructure Investment Authority under the Funding Agreement dated March 13, 2012 between the City and said Authority.

Related to System Bonds

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

  • School Bonds means School Obligations issued as Bonds.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Transition bonds means bonds, notes, certificates of

  • Serial Bonds means Bonds (other than Term Bonds) that mature in annual or semi-annual installments.

  • 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.

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

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

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Stocks and bonds means stocks, bonds, mutual funds, and all other types of securities and financial instruments, whether held directly, indirectly, or in any other manner. The term does not include commodity futures contracts and call or put options on stocks or stock indexes.

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

  • Corporate Bonds means a debt obligation of a United States-chartered corporation with a maturity date greater than 270 days, which may be interest-bearing or discount-purchased.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • 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.

  • 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.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

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

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

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

  • 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.

  • Parity Bonds means bonds payable from the revenues of the System other than the Bonds but issued on a parity and equality with the Bonds pursuant to the restrictive provisions of Section 11 of this Resolution;

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

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

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Option Bonds means Current Interest Bonds, which may be either Serial or Term Bonds, which by their terms may be tendered by and at the option of the Owner for purchase prior to the stated maturity thereof.

  • Existing Bonds means the following obligations of Seller: