Tobacco Bonds definition

Tobacco Bonds means the bonds, notes and other obligations issued by the Corporation, exclusive
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Tobacco Bonds means the bonds, notes and other obligations issued by the Corporation, exclusive of bonds that the Corporation may issue to refund bonds, the net proceeds (after financing costs) of the first issue of which shall be used by the Corporation to pay the cash portion of the purchase price to the Commonwealth for the Tobacco Assets.
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Tobacco Bonds shall have the meaning given to it in Section 17(d) of this Agreement.
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Examples of Tobacco Bonds in a sentence

  • Guaranteed Investment Contract:Upon issuance of the Tobacco Bonds in 2005 and 2007, the Corporation entered into Reserve Fund Agreements among itself, Lehman Brothers Special Financing Inc., and The Bank of New York Mellon Trust Company, National Association, as successor to JP Morgan Trust Company, National Association, as trustee under the bond indenture.

  • The State issued the Tobacco Bonds Series 2001 in fiscal year 2002, and used the proceeds to construct three buildings.

  • The bonds were issued to refund the County’s 2002 Tobacco Bonds and permitted the County to take advantage of market opportunities to generate additional proceeds which were unavailable in 2002.

  • Authorize County Staff to review the responses to the RFP and to provide recommendations to the Authority for restructuring ideas related to the outstanding 2006 Tobacco Bonds.

  • The Grantee will not make any changes to its governing documents or structure, funding or operations during the term of the Tobacco Bonds that would or may cause the Grantee to become a Commission-Related Party or an agent of the Issuer, the Commission or the Commonwealth.

  • Their varied duties include budgets and ordering, administrative support and resource organisation.

  • The Series 2001 Tobacco Bonds maturing after May 15, 2012, are redeemable at the option of the Authority, in whole or in part, at a redemption price of 100% of the principal amount thereof, plus accrued interest to the date of redemption.

  • In March 2001, South Carolina received the proceeds from the sale of Tobacco Bonds.

  • The Authority will apply these proceeds along with funds currently in the 2001 Tobacco financing to 1) refund approximately $435 million of outstanding 2001 Tobacco Bonds, 2) deposit approximately $130 million into the endowment fund held by the County of San Diego, and 3) fund a reserve fund and pay for costs of issuance related to the financing with the balance.

  • Authorize the Director, Department of Purchasing and Contracting, to issue a Request for Proposals (RFP) from investment banking firms for restructuring ideas related to the outstanding 2006 Tobacco Bonds.2. Authorize County Staff to review the responses to the RFP and to provide recommendations to the Authority for restructuring ideas related to the outstanding 2006 Tobacco Bonds.


More Definitions of Tobacco Bonds

Tobacco Bonds means the Tobacco Settlement Asset-Backed Bonds, Series 2005, which were issued by the Issuer on May 16, 2005, and have a stated final maturity date of June 1, 2037, and the Tobacco Settlement Asset-Backed Bonds, Series 2007 B, C, and D which were issued by the Issuer on May 3, 2007, and have a stated final maturity date of June 1, 2047.
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Tobacco Bonds means Structured Settlement Securities resulting from tobacco-related litigation.
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Related to Tobacco Bonds

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

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

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

  • Transition bonds means bonds, notes, certificates of

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

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

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