Examples of Defease in a sentence
Defease: To set aside sufficient money to retire outstanding debt.
MacCary, How to Defease a Loan on Schedule and Avoid Future Liability, Cal Real Estate Journal (June 4, 2007), at <http://www.nossaman.com/ showarticle.aspx?show=3852> (accessed August 1, 2008).
See Case No. 1989-00211, The Application of Kenton County Water District No. 1 (A) For Authority to Merge the City of Independence Water Distribution System as Provided by an Existing Contract; (B) For Certificate of Public Convenience and Necessity to Operate the Merged System Under the Uniform Rates of the District; and (C) For Authority to Defease the Remaining Bond Indebtedness of the City Water System in the Approximate Principal Amount of $269,000 With Funds Held by the District (Ky. PSC Nov.
Composition of the Erasmus Selection/Grant Allocation Committee (ESGAC) ▪ An ESGAC shall be established with the responsibility for the selection and awarding of grants.
First Reading of Ordinance No. 057, 2018, Appropriating Funds from the Light and Power Fund to Defease the City of Fort Collins, Colorado, Electric Utility Enterprise Taxable Revenue Bonds Series 2010B.The purpose of this item is to appropriate (1) bond proceeds for the construction of a municipal broadband system and (2) Light & Power reserves for the defeasance of outstanding debt.