Examples of Parity Debt Service in a sentence
At the direction of the City, without notice to or consent of the owners of the Series 2018 Bonds, the Senior Lien Parity Reserve Fund may secure additional Senior Obligations and the Senior Lien Parity Debt Service Reserve Requirement may be modified to the extent necessary to reflect on an aggregate basis the principal amount and annual debt service requirements of the Senior Lien Obligations to be secured by the Senior Lien Parity Reserve Fund.
At the direction of the City, without notice to or consent of the owners of the 2015A Junior Bonds and the Series 2017D Junior Bonds, the Junior Lien Parity Reserve Fund may secure additional Junior Obligations and the Junior Lien Parity Debt Service Reserve Requirement may be modified to the extent necessary to reflect on an aggregate basis the principal amount and annual debt service requirements of the Junior Obligations to be secured by the Junior Lien Parity Reserve Fund.
Application of Series 2021 Bond Proceeds and Parity Debt Service Reserve Fund.
Amount shown is the combined transfers from the Auxiliary Enterprise Fund and the Student Services Fund to pay Parity Debt Service on outstanding Bond and may not match actual Parity Debt Service with any difference being funded by balances available in the Debt Service Fund.
Fund 090, Public School Operating, assumes carryover of available FY 2002 balance of $10,000,000 to balance the FY 2003 budget.Fund 403, Sewer Bond Parity Debt Service, non-appropriated amoritization expense of ($79,097) Fund 590, Public School Insurance, net change in accrued liability of $403,032Fund 591, School Health Benefits Trust, assumes carryover of premium stabilization reserve of $4,464,235.