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.
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System Bonds means the following outstanding debt obligations of the City:
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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.
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Examples of System Bonds in a sentence

  • The University issued Housing System Bonds for housing and food service facility needs during the 1960’s and early 1970’s.

  • Form of the Bonds: The Bonds are issued in bearer form (the Bearer Bonds), or, in the case of VS System Bonds, uncertificated book entry form, as specified in the applicable Final Terms and, in the case of definitive Bonds, serially numbered, in the Specified Currency and the Specified Denomination(s).

  • Transportation System Bonds refer to bonds issued pursuant to authorizations previously provided in P.L. 1995, c.

  • Bonds and notes payable consist of Transportation System Bonds Payable, Transportation Program Bonds Payable, and Federal Highway Revenue Reimbursement Notes (Indirect Garvees) Payable.

  • All Bonds so cancelled and any Bonds purchased and surrendered for cancellation pursuant to Condition 7.8 and cancelled (together with all unmatured Receipts and Coupons cancelled therewith) shall be forwarded to the the Issuer and in the case of VS System Bonds shall be deleted from the records of the ISD, VP LUX or any other relevant clearing system (as the case may be) and and cannot be reissued or resold.

  • Transfers of interests in the relevant VS System Bonds will take place in accordance with the rules and procedures for the time being of the ISD or VP LUX.Bonds that are represented by a global Bond and VS System Bonds will be transferable only in accordance with the rules and procedures for the time being of Euroclear, Clearstream, VP LUX and/or ISD, (as the case may be).

  • Settlement of sale and purchase transactions in respect of VS System Bonds in the ISD or VP LUX will take place in accordance with market practice at the time of the relevant transaction.

  • The Bonds (except for the ISD System Bonds), the Receipts, the Coupons are governed by, and shall be construed in accordance with, English law except for Condition 3 (Status of Bonds), which will be governed by, and construed in accordance with Icelandic Law.The Issuer irrevocably agrees that any dispute arising out of the Programme, the Bonds, the Coupons, the Receipts (except for the ISD System Bonds) shall be subject to the exclusive jurisdiction of the Courts of England.

  • All of the Solid Waste System Bonds described below are direct and general obligations of the Authority payable from the revenues derived from the operation of the Solid Waste System and are further secured by an agreement dated as of July 8, 1990, as amended, by and between the County and the Authority pursuant to which the County is obligated to make up any deficiencies in the Solid Waste System revenues.

  • Sources of revenue for debt service on the Revenue Financing System Bonds and Notes are pledged revenue from any or all of the revenues, funds, and balances now or hereafter lawfully available to the Board and derived from or attributable to any participant of the Revenue Financing System which are lawfully available to the Board for the payment of Parity Obligations, including unrestricted funds and reserve balances.


More Definitions of System Bonds

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.
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System Bonds means the Series 2007 Bonds, the Series 2012 Bonds, the Series 2015 Bonds, the Series 2017 Bonds and additional bonds permitted by Section 7.1 of the Original Agreement and refunding bonds permitted by Section 7.2 of the Original Agreement.
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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.
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System Bonds means the Bonds and any Parity Debt.
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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.

  • Transition bonds means bonds, notes, certificates of

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.

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

  • 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 debt securities issued by private and public corporations.

  • 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 those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • 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: