Examples of TIFIA Bonds in a sentence
Amounts on deposit in the TIFIA Reserve Account shall be made available to ensure the timely payment of TIFIA Debt Service on the TIFIA Loan and debt service in respect of Other TIFIA Bonds, in each case as needed, and shall not be available to pay any other obligations owed by the Borrower to any other Person.
DART has pledged sales and use tax and farebox revenues as security for revenue bonds, TIFIA Bonds and commercial paper debts.
Prepayment of the TIFIA Loan shall be made on a pro rata basis with the Other TIFIA Bonds then outstanding, in each case, based on the then outstanding amount of such Bonds.
Moody’s ratings for Second Senior Lien Bonds,Subordinate Lien Bonds ratings remain unchanged and Junior Lien (TIFIA) Bonds ratings remain unchanged (not applicable).
The current DTR debt profile (Slide #10) showed current and future (projected) debt repayment activity for the First Senior Lien Bonds, Second Senior Lien Bonds, Subordinate Lien Bonds and Junior Lien (TIFIA) Bonds from 2008 through 2053.▪ The TIFIA refinancing opportunity (Slide #11) shows how current, low interest rates and relatively low credit spreads provide an opportunity to obtain a borrowing cost comparable to the 3.21% TIFIA loan rate.
The costs of issuance of the RPM TIFIA Bonds, including financial advisor, special counsel, bond counsel and trustee fees shall be paid from legally available funds of the Authority.
All proceeds of TIFIA Bonds, if any, shall be deposited into the TIFIA Account in the Construction Fund.
This Ordinance shall constitute a continuing appropriation of all Farebox Pledged Revenues, which shall be used for the purposes specified in and permitted by the TIFIA Master Trust Indenture and the RPM Supplemental Indenture so long as the RPM TIFIA Bonds remain outstanding.
The obligations of the Borrower under this Section 14 shall survive the payment or prepayment in full or transfer of the TIFIA Bonds, the enforcement of any provision of this Agreement or the other Related Documents, any amendments, waivers (other than amendments or waivers in writing with respect to this Section 14) or consents in respect hereof or thereof, any Event of Default, and any workout, restructuring or similar arrangement of the obligations of the Borrower hereunder or thereunder.
Prepayment of the TIFIA Loan shall be made on a pro rata basis with the Other TIFIA Bonds then outstanding, in each case, based on the then outstanding amount of such Bonds.