Credit Provider Bonds definition

Credit Provider Bonds means any Bonds the Purchase Price of which was paid by amounts paid under a Credit.

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Credit Provider Bonds means any Bonds purchased pursuant to a Credit Facility as provided in Section V.5.7.(c)(iii) hereof for so long as such Bonds are held by or for the account of, or are pledged to, the applicable Credit Provider in accordance with Section V.5.7.(d) hereof.

Credit Provider Bonds means any Variable Rate Bonds registered in the name of a Credit Provider, or its nominee or agent, pursuant to Section 30-65.17(j).

Examples of Credit Provider Bonds in a sentence

The Remarketing Agent shall continue to use its best efforts to remarket such Credit Provider Bonds.
Credit Provider Bonds shall be registered in the name of the Trustee for the benefit of the Credit Provider and held by the Trustee as custodian for and on behalf of the Credit Provider.
The Remarketing Agent shall also use its best efforts to remarket Credit Provider Bonds in accordance with Section 309.
If fewer than all of the Bonds are called for redemption, the Trustee shall select the Bonds or any given portion thereof to be redeemed, first from the Outstanding Credit Provider Bonds or such portion thereof not previously called for redemption, by lot in such manner as it may determine, until all Credit Provider Bonds shall have been redeemed, and then from the Outstanding Bonds or such given portion thereof not previously called for redemption, by lot.
All amounts held in the Bond Purchase Fund and the Credit Facility Purchase Account, Remarketing Account and Borrower Account therein shall be held in trust by the Tender Agent for the benefit of the holders of tendered Bonds (provided that any amounts held in a Remarketing Account which are derived from the remarketing of Credit Provider Bonds shall be held in trust for the benefit of the Credit Provider).
The Remarketing Agent will not remarket Credit Provider Bonds unless the Remarketing Agent has received notice from the Trustee that the Trustee has received written notice of reinstatement of the Credit Facility to the Coverage Amount from the Credit Provider.
Interest rates will be determined as follows for Variable Rate Bonds, Term Rate Bonds and Credit Provider Bonds.
The Bonds purchased by the Remarketing Agent as described in the preceding sentence shall have the same characteristics, including, without limitation, interest rate, as other Bonds not held by the Remarketing Agent and which are not Credit Provider Bonds.
Anything herein to the contrary notwithstanding, the Trustee shall not release Credit Provider Bonds until the Trustee has received written notice from the Credit Provider that the Letter of Credit has been reinstated in full.
In no event will interest attributable to any Bond accrue at a rate greater than the Maximum Rate, except as otherwise provided for Credit Provider Bonds in subsection (b)(iii) of this Section.

More Definitions of Credit Provider Bonds

Credit Provider Bonds means any Bonds purchased with funds provided under a Credit Facility for so long as those Bonds are held by or for the account of, or are pledged to, the applicable Credit Provider in accordance with the applicable Series Trust Indenture.

Credit Provider Bonds means any Bonds purchased pursuant to Section 3.03(c) or (d) by the Credit Provider which are purchased with the proceeds of a draw on the Credit Facility or the Confirmation Letter, if applicable, and are held for the benefit of the Credit Provider in the name of the Credit Provider as provided in the Reimbursement Agreement until such time as such purchased bonds are released from the security interest created by the Reimbursement Agreement in accordance with the provisions thereof.

Credit Provider Bonds means any Bonds purchased and held in accordance with Section 3.07.

Credit Provider Bonds means any Series 2018BC Bonds purchased by a Credit Provider through a draw on a Credit Facility registered in the name of a Credit Provider, or its nominee or agent.

Credit Provider Bonds means any Bonds purchased with funds provided under a Credit Support Instrument or Liquidity Instrument until such bonds are paid or remarketed.