Bonds shall definition

Bonds shall mean those certain Piedmont Triad Airport Authority Special Facility Revenue Bonds (Triad International Maintenance Corporation Project), Series 1989, dated November 1, 1989, in the original aggregate principal amount of $13,800,000.
Bonds shall mean the Agency's Industrial Development Revenue Bonds (The Equitable Life Assurance Society of the United States Project) authorized to be issued from time to time, in one or more Series, pursuant to Certificates of Determination, the Bond Resolution, the Indenture and the Bond Supplemental Indenture, in the aggregate principal amount of not to exceed One Hundred Fifty-Six Million Dollars ($156,000,000). Bond Supplemental Indenture shall mean the Bond Supplemental Indenture of Trust of even date herewith between the Agency and the Trustee, and shall include any and all amendments thereof and supplements thereto hereafter made in conformity therewith and with the Indenture. Business Day shall mean any day which shall not be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City are authorized by law or executive order to close. Certificate of Determination shall mean a Certificate of Determination of the Chairman, Vice Chairman, Executive Director, Deputy Executive Director, Secretary or Assistant Secretary of the Agency, substantially in the form set forth in the Appendices attached to the Indenture as Form of Certificate of Determination, with respect to and as a condition for the issuance of, a Series of Bonds. City shall mean The City of New York. Code shall mean the Internal Revenue Code of 1986, as amended, and the regulations thereunder. Company Lease shall mean the Company Lease Agreement (Facility Realty) of even date herewith between Equitable and the Agency relative to the Facility Realty, and shall include any and all amendments thereof and supplements thereto hereafter made in conformity therewith. Defeasance Securities shall mean Government Securities; provided, however, that, with respect to any particular Series of Bonds, "Defeasance Securities" shall have the meaning ascribed to such term in the Certificate of Determination pursuant to which such Series of Bonds is issued.
Bonds shall mean those certain Piedmont Triad Airport Authority Special Facility Revenue Bonds (Triad International Maintenance Corporation Project), Series 1989, dated November 1, 1989, in the original aggregate principal amount of $13,800,000. BORROWER AGREEMENT shall mean the Borrower Agreement, dated on or about the Closing Date, among each Borrower and Ex-Im Bank, together with the consent of each other Company, as a guarantor of the Obligations. BORROWING BASE shall mean the sum of the Domestic Borrowing Base and the Foreign Borrowing Base. BUSINESS DAY shall mean any day on which the Agent and JPMorgan Chase Bank are open for business. CAPITAL EXPENDITURES shall mean, for any period, the aggregate expenditures of the Companies during such period on account of property, plant, equipment or similar fixed assets that, in conformity with GAAP, are required to be reflected as property, plant, equipment or similar fixed assets in the balance sheet of the Companies.

Examples of Bonds shall in a sentence

  • For purposes of this provision, Tax-Exempt Bonds shall include the obligations of the Long Island Power Authority, NYPA and Consolidated Edison Company of New York, Inc., the interest on which is not included in gross income under the Internal Revenue Code.

  • No such deposit of Replacement Bonds shall be made after the earlier of (i) 90 days after the date of execution and delivery of the applicable Reference Trust Agreement or (ii) the first Distribution Date to occur after the date of execution and delivery of the applicable Reference Trust Agreement.

  • The registered holders of Bonds shall seek voting instructions on the matters to be raised at such meeting from the clearing system participants or, if known, from the beneficial owners of Bonds.

  • If at any time a dividend (once due and payable) on any of the Equity Securities shall not have been paid or the principal or interest on any of the Bonds shall be in default and not paid or provisions for payment thereof shall not have been duly made, within 30 days, the Trustee shall notify the Depositor thereof.

  • In case any provision in this Indenture or in the Bonds shall be invalid, illegal or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  • In case any Bonds shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Bonds so authenticated with the same effect as if such successor Trustee had itself authenticated such Bonds.

  • Bonds shall be duly executed by a responsible corporate surety, authorized to issue such bonds in the State of California and secured through an authorized agent with an office in California.

  • The Bonds shall be executed on behalf of the Issuer by any of its Authorized Officers.

  • Until so exchanged, such temporary Bonds shall in all respects be entitled to the same benefits under this Indenture as Definitive Bonds.

  • Requests and directions from, and votes of, the Depository as Holder of the Bonds shall not be deemed inconsistent if they are made with respect to different Beneficial Owners.


More Definitions of Bonds shall

Bonds shall mean: (a) the 2015 Bonds; and (b) all other bonds, notes, or similar obligations (excluding Contracts) of FRC with respect to which principal and interest are payable from the Increment. Closing shall mean the closing with respect to the Transaction. Closing Date shall mean the date of the Closing. Completion Statement shall mean a statement from Company stating that: (a) the Project has been constructed in substantial accordance with the terms and conditions of the Project Agreement; and (b) all of the Project Costs have been determined and paid (or that: (i) all of the Project Costs have been paid, other than specified claims that are subject to dispute; and (ii) there is to be retained in the Project Fund, until resolution of the dispute, the full amount of such specified claims). Contracts shall mean all contracts of FRC with respect to which amounts are payable from Increment, excluding: (a) the Installment Contract; (b) contracts entered into for the continued operations of FRC; and