Bond Redemptions definition
Bond Redemptions means funds sent by the District to the trustee for the Bonds from draws on the Rate Stabilization Fund in addition to Debt Service accompanied by irrevocable instructions to the trustee for the Bonds that such funds are to be applied to the redemption of Expansion Project Bonds in accordance with the optional redemption provisions of the Indenture or any Parity Bonds Instrument.
Bond Redemptions means funds sent by the District to the Trustee from draws on the Rate Stabilization Fund in addition to Debt Service accompanied by irrevocable instructions to the Trustee that such funds are to be applied to the redemption of Expansion Project Bonds and the Treatment Plant Note in accordance with the optional redemption provisions of the Indenture, any Parity Bonds Instrument and the Loan Agreement.
Examples of Bond Redemptions in a sentence
Fees for Assessment Payoffs and Bond Redemptions shall be invoiced on or about the first two weeks of each month.