Deferred Income Bonds definition

Deferred Income Bonds means any Bond issued under the Ordinance as to which interest accruing prior to the Current Interest Commencement Date is (a) compounded periodically on dates determined in accordance with the Series Ordinance authorizing such Deferred Income Bonds and (b) payable only at the maturity, earlier redemption or other payment thereof pursuant to the Ordinance or the Series Ordinance authorizing such Deferred Income Bonds.
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Deferred Income Bonds means any Bonds as to which interest accruing prior to the Current Interest Commencement Date is (i) compounded periodically on the dates specified in the Supplemental Agreement authorizing such Deferred Income Bonds and (ii) payable only at redemption or other payment thereof pursuant to such Supplemental Agreement.
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Deferred Income Bonds means any Bond issued under the Ordinance as to which interest accruing prior to the Current Interest Commencement Date is (a) compounded periodically on dates determined in accordance with the Series Ordinance authorizing such Deferred Income Bonds and
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Examples of Deferred Income Bonds in a sentence

  • The Bonds may be issued as Fixed Rate Bonds, Variable Rate Bonds, Tender Bonds, Capital Appreciation Bonds, Deferred Income Bonds or Discount Bonds or any combination thereof in accordance with applicable provisions set forth below and the applicable Supplemental Trust Agreement.

  • It is likely that people will both leave and join household at an increased rate during a disaster.

  • The Bonds permitted to be issued under the Resolution include Capital Appreciation Bonds, Deferred Income Bonds, Option Bonds and Variable Interest Rate Bonds.

  • The Bonds permitted to be issued under the Resolution include, but are not limited to, Capital Appreciation Bonds, Deferred Income Bonds, Option Bonds and Variable Interest Rate Bonds.

  • Section 14.01 Preservation and Inspection of Documents 61 Section 14.02 Money and Funds Held for Particular Bonds 61 Section 14.03 Cancellation of Bonds 61 Section 14.04 No Recourse under Indenture or on the Bonds 61 Section 14.05 Severability of Invalid Provision 61 Section 14.06 Parties of Interest 62 Section 14.07 Certain Provisions Relating to Capital Appreciation Bonds and Deferred Income Bonds.

  • Representatives of prospective bidders must bring proper Authorization from their companies and competent proof of identification in all stages of the procurement process.

  • Prior to the Conversion Date, (i) no Bond may mature prior to February 15, 2047, (ii) no amortization may be scheduled on any Bond prior to maturity,(iii) no Senior Bonds may be issued as Tender Option Bonds, Capital Appreciation Bonds, Deferred Income Bonds or Variable Interest Rate Bonds,(iv) no Subordinate Bond may mature prior to the latest date on which a Senior Bond matures and (v) the interest payable in any Fiscal Year on Subordinate Bonds may not exceed $30 million.

  • Contractor agrees to indicate in all dealings with clients, customers, suppliers, public officials and others that Contractor is affiliated as an independent contractor with Broker and that Broker's office is independently owned and operated.

  • The Bonds may be issued as Fixed Rate Bonds, Variable Rate Bonds, Tender Bonds, Capital Appreciation Bonds, Deferred Income Bonds or Discount Bonds or any combination thereof in accordance with applicable provisions set forth below and the Applicable Supplement Trust Agreement.

  • About 17 percent of participants were in the 21 to 30 range, which indicates inability to function in almost all areas of cognitive functions, and 25 percent were in the 41 to 50 range, indicating serious symptoms and impairment.


More Definitions of Deferred Income Bonds

Deferred Income Bonds shall have the meaning given such term in Section 203(h) hereof.
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Deferred Income Bonds means any First Lien Bonds as to which interest accruing prior to the Current Interest Commencement Date is (i) compounded periodically on the dates specified in the Supplemental Indenture authorizing such Deferred Income Bonds and
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Deferred Income Bonds means any Bonds issued under the Resolution as to which interest accruing prior to the Current Interest Commencement Date is (i) compounded periodically on dates specified in the Supplemental Resolution authorizing such Deferred Income Bonds and (ii) payable only at the maturity, earlier redemption or other payment thereof pursuant to the Resolution or the Supplemental Resolution authorizing such Deferred Income Bonds. Escrow Agent shall mean, with respect to the refunding or defeasance of any particular Bond or Bonds at any one time, the entity with which moneys or investments shall be deposited in trust for the Holders of such Bond or Bonds to be refunded or defeased, and who shall agree, through an appropriate agreement with the Metropolitan Government, to perform the duties of Escrow Agent with respect to such Bond or Bonds as provided in the Resolution or the Supplemental Resolution authorizing the Series of which such Bond or Bonds are a part. Financial Adviser shall mean an investment banking or financial advisory firm, commercial bank, or any other person who or which is retained by the Metropolitan Government for the purpose of passing on questions relating to the availability and terms of specified types of bonds or the financial condition or operation of the System and is actively engaged in and, in the good faith opinion of the Metropolitan Government, has a favorable reputation for skill and experience in providing financial advisory services of the type with respect to which the Financial Adviser has been retained. Fiscal Year shall mean the 12 month period established by the Metropolitan Council or provided by law from time to time as the fiscal year for the System, and which, as of the date of adoption of this Resolution, is the 12 month period commencing on July 1 of any year and ending on June 30 of the following year.
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Deferred Income Bonds means any Bonds hereafter issued as to which accruing interest is not paid prior to the Interest Commencement Date specified in the Supplemental Resolution authorizing such Bonds and the Appreciated Value for such Bonds is compounded on the Valuation Date for such series of Deferred Income Bonds.
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Related to Deferred Income Bonds

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate amount of Net Cash Proceeds received by the Borrower or a Restricted Subsidiary in connection therewith that are not applied to prepay the Term Loans as a result of the delivery of a Reinvestment Notice.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Class B Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class B Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class B Rate or, in the case of the first Payment Date, on the Class B Initial Principal Balance.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Note Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period at the related Interest Rate for each Class of Notes on the Outstanding Amount of the Notes of each such Class on the immediately preceding Payment Date (or, in the case of the first Payment Date, the original principal amount of each such Class of Notes), after giving effect to all distributions of principal to the Noteholders of each such Class on or prior to such Payment Date.