Derivative Bond definition
Derivative Bond means one or more Bonds of a Series for which the Authority shall have entered into a Qualified Hedge Agreement, as identified in a Supplemental Trust Agreement with respect to such Bonds or pursuant to a certificate of an Authorized Officer filed with the Trustee.
Derivative Bond means one or more Bonds of a Series for which the Port shall have entered into a Qualified Hedge Agreement, as identified in a Supplemental Ordinance with respect to such Bonds or pursuant to a certificate of the Executive Director filed with the Trustee.
Derivative Bond means one or more Bonds of a Series for which the Authority shall have entered into a Qualified Hedge Agreement, as identified in a Subordinated Supplemental Trust Agreement with respect to such Bonds or pursuant to a certificate of an Authorized Officer filed with the Trustee.