Series 2021 Bonds definition

Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

Series 2021 Bonds means the Series 2021A Bonds and Series 2021B Bonds.

Series 2021 Bonds or “Bonds” means collectively the Series 2021A Bonds and the Series 2021B (AMT) Bonds, authorized pursuant to Section 201 of this Supplemental Indenture, and any Series 2021A Bonds and Series 2021B (AMT) Bonds thereafter authenticated and delivered in exchange for or replacement of any Series 2021A Bonds and Series 2021B (AMT) Bonds previously issued.

Examples of Series 2021 Bonds in a sentence

• As additional interest on the Series 2021 Bonds, the City shall pay to the Owners of any Outstanding Series 2021 Bonds, from the commencement date of any Event of Taxability to the maturity or prior redemption date of such Series 2021 Bonds, if the Event of Taxability is deemed retroactive to the Issuance Date, an amount equal to the Taxable Rate.

• Upon the occurrence of an Event of Default with respect to Series 2021 Bonds, the interest rate on the Series 2021 Bonds shall adjust to the PNC Base Rate, plus 3%, provided that (i) such rate shall be no higher than 10%, and (ii) such rate may only be charged during such time that an Event of Default has occurred and is continuing.

• Notwithstanding the foregoing, the City will not be required to comply with any of the federal tax covenants set forth above if the City has received an opinion of nationally recognized bond counsel or tax counsel that such noncompliance will not adversely affect the excludability of interest on the Series 2021 Bonds from gross income for federal income tax purposes.

• While any of the Series 2021 Bonds remain Outstanding, the City covenants to cause the Board to maintain at least one long term unenhanced credit rating for either the Galveston Wharves or the Senior Lien Parity Obligations with either Moody’s or S&P.

• The City covenants to file or cause to be filed with the Secretary of the Treasury an information statement concerning the Series 2021 Bonds in accordance with section 149(e) of the Code.

More Definitions of Series 2021 Bonds

Series 2021 Bonds means the Issuer’s Wastewater and Water Revenue Bonds, Series 2021 issued hereunder.

Series 2021 Bonds means the Water Supply System Revenue Bonds (Junior Lien), Series 2021, in the principal amount of not to exceed $11,000,000 issued pursuant to this Ordinance.

Series 2021 Bonds means the Parking System Revenue Bonds, Series 2021, of the Issuer, authorized to be issued in the aggregate principal amount of not more than $3,250,000 pursuant to this Ordinance and the Supplemental Resolution.

Series 2021 Bonds means the Issuer’s $ Sales Tax Revenue Bonds, Series 2021 herein authorized.

Series 2021 Bonds or "Bonds" means the Economic Development Revenue Bonds, Series 2021 (College Avenue Project) to be issued by the Issuer under the Indenture in the aggregate principal amount of $ .

Series 2021 Bonds means the Issuer’s $11,585,000* Franchise Fee Secured Refunding Revenue Bonds, Series 2021 comprised of the Series 2021-A Bonds and the Taxable Series 2021-B Bonds.

Series 2021 Bonds means collectively the County’s Series 2021A Bonds and Series 2021B