Deferred Interest Bonds definition

Deferred Interest Bonds means the Bonds so designated in a Supplemental Indenturebut shall not include any such Bond from and after the date, if any, on which such Bond will bear interest that is payable to the holder of such Bond prior to its scheduled maturity.
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Deferred Interest Bonds means any Bonds as to which interest accruing prior to the Current Interest Commencement Date is (i) compounded periodically on dates specified in the resolution of the JEA supplemental hereto authorizing such Deferred Interest Bonds and (ii) payable only at the maturity, earlier redemption or other payment thereof.
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Examples of Deferred Interest Bonds in a sentence

  • Zero Coupon and Deferred Interest Bonds: The Schemes may invest in zero coupon bonds and deferred interest bonds, which are debt obligations issued at a discount to their face value.

  • In the applicable Supplemental Indenture for any Compound Interest Bonds or Discount Bonds, the Commission shall provide for the method of determination of the Principal Amount and "interest" payable on such Bonds as of any date of calculation and for the purposes hereof such terms with respect to such Bonds shall have the meanings given in such applicable Supplemental Indenture.(6) The Commission may issue Deferred Interest Bonds.

  • Deferred Interest Bonds of any Series shall be dated as of the date or dates specified in the Supplemental Indenture authorizing the issuance thereof.

  • In order to model the impact of differing corporate tax regimes, a number of key features need to be incorporated.

  • The Deferred Interest Bonds accrue interest, compounded semi-annually, and commenced principal payments in January 2003.

  • Deferred Interest Bonds with face values totaling $16,438,000 and compounded interest at rates ranging from 6.7% to 7.2% are payable semi-annual ly on December 15th, through 2005.

  • The bondholders whose consent is required include (1) the holders of Series A Term Bonds and (2) Series A Deferred Interest Bonds, issued in 1992.

  • The 2011 Series A Bonds are Additional Bonds (as defined in the 2001 Ordinance), and the lien on Convention Center Payments created by this Section 4(2) ranks on a parity with the lien on Convention Center Payments that secures the City’s Limited Tax Revenue Bonds (Oregon Convention Center Completion Project), 2001 Series B Bonds (Deferred Interest Bonds) and any Additional Bonds (as defined in the 2001 Ordinance).

  • The Series A Deferred Interest Bonds have a stated rate of 9% issued to yield 10.5%.

  • This suggests that the set of constraints that establish [i] as the most unmarked vowel in CIM — Kitto and de Lacy (1999)’s M(V i) constraint — dominates BE-IDENT: in most cases, it is preferable to insert unmarked [i] than to insert a more marked echo vowel.

Related to Deferred Interest Bonds

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

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

  • Net Deferred Interest With respect to each Loan Group and any Distribution Date, the greater of (i) the excess, if any, of the Deferred Interest for the related Due Date over the aggregate amount of any principal prepayments in part or in full received during the related Prepayment Period and (ii) zero.

  • 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.

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

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

  • Capitalized Interest Account The separate Eligible Account designated as such and created and maintained by the Trustee pursuant to Section 3.05(h) hereof. The Capitalized Interest Account shall be treated as an "outside reserve fund" under applicable Treasury regulations and shall not be part of any REMIC. Except as provided in Section 3.05(h) hereof, any investment earnings on the amounts on deposit in the Capitalized Interest Account shall be treated as owned by the Depositor and will be taxable to the Depositor.

  • Bond and Interest Fund means the Bond and Interest Fund of the Issuer for its general obligation bonds.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Supplemental Interest Account As defined in Section 4.07 hereof.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Class Unpaid Interest Amounts As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

  • Interest Date means, with respect to any given calendar month, the first Trading Day of such calendar month.

  • Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class D Interest Rate means 3.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Taxable Bonds means Bonds of a Series which are not Tax Exempt Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).