Advance Refunding Portion definition

Advance Refunding Portion means that portion of a Multipurpose Issue that constitutes a separate governmental purpose and that would be treated as an Advance Refunding Issue if it had been issued as a separate issue.
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Advance Refunding Portion means the sale proceeds of the Bonds identified in Section 3.6 together with the remaining Gross Proceeds of the Bonds properly allocable to the refunding of the Advance Refunded Bonds.
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Examples of Advance Refunding Portion in a sentence

  • The Director of Finance and Administrative Services is hereby authorized and directed, simultaneously with the delivery of the Bonds, to deposit the proceeds of the Advance Refunding Portion of the Bonds, to the extent described below, in an escrow account created under an Escrow Agreement (the “Escrow Agreement”) between the City andU.S. Bank National Association (the “Escrow Agent”).

  • Spending exceptions may be applied separately to the Advance Refunding Portion and the Current Refunding Portion of the Bonds.

  • Effort made in technology absorption as per Form B: Not applicable.

  • Academic Employees - A part-time instructional academic employee is a part-time academic employee whose sole professional responsibilities involve performing an instructional assignment.

  • There will be no “excess gross proceeds” (within the meaning of Regulations § 1.148-10(c)) of the Advance Refunding Portion.

  • A quote for repair was obtained for a cost of $19,639.00 to repair the line and $8,970.00 to repair the brick wall using the existing brick.

Related to Advance Refunding Portion

  • Increase Amount is defined in Section 2.3(a).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.