United States Government Obligations definition

United States Government Obligations means bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully and unconditionally guaranteed as to full and timely payment by, the United States of America, including evidences of a direct ownership interest in future interest or principal payment on obligations issued by the United States of America (including the interest component of obligations of the Resolution Funding Corporation), or securities which represent an undivided interest in such obligations, which obligations are rated in the highest rating category by a nationally recognized rating service and such obligations are held in a custodial account for the benefit of the Issuer.
United States Government Obligations means direct non-callable obligations of the United States of America for the payment of which the full faith and credit of the United States of America is pledged.
United States Government Obligations means bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully and unconditionally guaranteed as to full and timely payment by, the United States of America, including evidences of a direct ownership interest in future interest or principal payments on obligations issued or guaranteed by the United States of America (including the interest component of obligations of the Resolution Funding Corporation).

Examples of United States Government Obligations in a sentence

  • The purchase price, if in money, shall be paid to the Trustee on behalf of the Issuer in such coin or currency of the United States of America or in direct United States Government Obligations, or adequate consideration for the purchase price shall otherwise be provided and the Issuer shall contemporaneously convey to the Lessee all of the Issuer’s right, title and interest in and to the Project by a good and sufficient deed and such other legal instruments as shall be required therefor.


More Definitions of United States Government Obligations

United States Government Obligations means direct non-callable obligations of the United States for the payment of which the full faith and credit of the United States is pledged.
United States Government Obligations means direct obligations of, or obligations the full and timely payment of which are unconditionally guaranteed by, the United States of America.
United States Government Obligations means bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of, or obligations the principal of and interest
United States Government Obligations means bonds, notes, certificates of
United States Government Obligations means securities which are (i) direct obligations of the United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a Person, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America.
United States Government Obligations means direct obligations of the United States of America for the payment of which the full faith and credit of the United States of America is pledged. In order to have money available on a payment date to pay principal or interest on the Securities, the United States Government Obligations shall be payable as to principal or interest on or before such payment date in such amounts as will provide the necessary money. United States Government Obligations shall not be callable at the issuer's option.
United States Government Obligations has the meaning specified in Section 12.04.