TIFIA Bond definition

TIFIA Bond means the bond delivered to the TIFIA Lender by the Borrower in substantially the form of Exhibit A (Form of TIFIA Bond), which TIFIA Bond shall be a Second Tier Junior Obligation under the TIFIA Resolution authorizing such ▇▇▇▇▇ ▇▇▇▇.
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TIFIA Bond means the Bond delivered by the Borrower in substantially the form of Exhibit A.
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TIFIA Bond means the Junior Subordinate Obligation issued by the Borrower to the TIFIA Lender pursuant to the Indenture, in substantially the form of Exhibit A, to evidence and secure the payment obligations of the Borrower on the TIFIA Loan, which constitutes a Junior Subordinate Obligation for purposes of the Indenture.
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Examples of TIFIA Bond in a sentence

  • Any payment in respect of the TIFIA Bond shall be treated as a payment in respect of the TIFIA Loan and any prepayment of principal in respect of the TIFIA Loan shall be treated as a redemption in respect of the TIFIA Bond.

  • The TIFIA Lender may at any time assume the duties of any Servicer under this Agreement and the TIFIA Bond.

  • The Borrower shall take all reasonable actions necessary to impose and provide for the continued collection of the Pledged Taxes and the application of those taxes for payment of the TIFIA Bond in accordance with this Agreement.

  • In any case where any payment date under this Agreement or under the TIFIA Bond is a day which is not a Business Day, then payment of such amount shall be made on the next succeeding Business Day with the same force and effect as if made on the date when such payment was due.

  • If the Borrower prepays only part of the unpaid balance of principal of the TIFIA Bond, the TIFIA Lender may make a notation on Exhibit F (TIFIA Debt Service) indicating the amount of principal of and interest on the TIFIA Bond then being prepaid.


More Definitions of TIFIA Bond

TIFIA Bond means the sales tax and motor vehicle excise tax bond authorized to be issued pursuant to this Resolution, the terms of which are as set forth in the TIFIA Loan Agreement.
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TIFIA Bond means any Bond that may be issued pursuant to a Series Trust Indenture to evidence a TIFIA Loan to the Authority. Except as otherwise provided in Section 1012, any TIFIA Bond shall be a Third Tier Bond.
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TIFIA Bond means the Bond issued by the Borrower pursuant to the Indenture in substantially the form of Exhibit A.
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TIFIA Bond means any Bond issued under the Master Indenture evidencing amounts owed by the Transportation Enterprise to the TIFIA Lender in respect of a TIFIA Loan. TIFIA Bond includes the 2023 TIFIA Bond.
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TIFIA Bond or “TIFIA Bonds” means any bond or bonds issued by the Commission to the TIFIA Lender as described in the related TIFIA Loan Agreement and Supplemental Indenture and which constitute Junior Subordinate Obligations for purposes of this Indenture.
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TIFIA Bond means the Bond delivered by the Borrower in substantially the form attached hereto as Exhibit A.
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TIFIA Bond means the bond issued to the TIFIA Lender pursuant to the 2021 TIFIA Loan Agreement.
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