Project Bonds definition

Project Bonds means Debt Securities that are financed by the cash flows of a ring-fenced development project;

Project Bonds means, collectively, the State Bonds and the City Bonds.

Project Bonds means any present or future Relevant Indebtedness issued to finance the acquisition, development and/or operation of an asset or assets (including, for the avoidance of doubt, Concessions), whether or not an asset of a member of the Group, in respect of which the Person or Persons to whom any such Relevant Indebtedness is or may be owed by the relevant issuer (whether or not a member of the Group) has or have no recourse whatsoever to any member of the Group for the repayment thereof other than:

Examples of Project Bonds in a sentence

• The Authority will purchase from a company duly qualified to issue such insurance in the State, an American Land Title Association owner’s policy of title insurance, such policy to be at least in the amount of the principal amount of the Project Bonds at the time outstanding.

• The Authority covenants and agrees that, so long as any of the Project Bonds remain Outstanding, the Authority will keep proper books of record and account in which full, true and complete entries will be made of all transactions relating to the acquisition, planning, construction, equipping and improvement of the Project.

• In the event of sale, the Authority will (i) deposit the proceeds into the Bond Funds pursuant to the Project Indentures as provided in Section 10.4 hereof for the payment of outstanding Project Bonds or (ii) apply the proceeds to the replacement of the property so disposed of by other property which shall be incorporated into the Project as hereinbefore provided.

• Except as otherwise provided in this Agreement or in the Project Indentures, subsequent to the initial issuance of Project Bonds and prior to the payment thereof having been made in accordance with the provisions of the Project Indentures, this Agreement may not be effectively amended, changed, modified, altered or terminated without the written consent of the Trustee, given in accordance with the provisions of the Project Indentures.

• No provision, covenant or agreement contained in this Agreement, the Project Indentures or the Project Bonds, or any obligation herein or therein imposed upon the Authority, or the breach thereof, shall constitute or give rise to or impose upon the Authority or the Sponsors a pecuniary liability or a charge upon the general credit or any taxing powers of the Authority or of the Sponsors.

More Definitions of Project Bonds

Project Bonds means the Bond or Bonds initially issued by the Issuer pursuant to the Indenture and designated “$53,500,000 Mxxxxxxx County Development Authority Variable Rate Demand Taxable Economic Development Revenue Bonds (First United Ethanol, LLC Project), Series 2006.”

Project Bonds means the Authority’s water revenue bonds issued pursuant to this Amended and Restated Resolution.

Project Bonds means industrial development revenue bonds issued by any development authority created and existing under the laws of the State of Georgia in connection with a Development Authority Sale/Leaseback.

Project Bonds means the limited tax general obligation bonds of the county

Project Bonds means the Bond or Bonds initially issued by the Issuer pursuant to the Indenture and designated "Economic Development Revenue Refunding Bonds, Series 1994 (Adam Xxxxx, Xxc. Project)".

Project Bonds means the City of Wabash, Indiana Adjustable Rate Economic Development Revenue Refunding Bonds, Series 1998 (Martxx Xxxe Industries, Inc. Project) authorized in the Indenture in the original principal amount of $2,700,000.

Project Bonds means the $18,835,000 aggregate principal amount of revenue bonds of the Lessor designated "Taxable Headquarters Revenue Bonds, Series 1996 (Bearings, Inc. Project)", including both Series A and Series B thereof.