District Bonds definition

District Bonds shall have the meaning set forth in Section 7.2.

District Bonds means any bonds, certificates of participation, securities or other obligations issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, debt in the form of a loan, certificates of participation, or securities issued or incurred by the District to refund any such Bonds, or any related obligations to reimburse the provider of a guaranty, insurance policy, liquidity instrument or credit enhancement for the District Bonds. Notwithstanding the foregoing or any provision to the contrary contained herein, District Bonds shall not include any obligation by the District to reimburse the Developer for Developer Advances pursuant to reimbursement agreements or similar agreements between the Developer and the District regarding such matters.

District Bonds means collectively, one or more series of limited tax obligation bonds which are issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, other financial obligations or securities issued by the District to refund the District Bonds, but specifically exclusive of any Reimbursement Agreement entered into between the Developer and the District. Notwithstanding the foregoing, or any other provision to the contrary contained herein, District Bonds shall not be refinanced without the written consent of the Town.

Examples of District Bonds in a sentence

• Outstanding bonded indebtedness includes that part of general obligation bonds, Mello-Roos Bonds, School Facility Improvement District Bonds and certificates of participation which the district is paying a debt service that was issued for capital outlay school facility purposes.

• A Financial Plan showing the estimated details of the proposed issuance of the Authority Bonds and the School District Bonds will be prepared by the underwriter retained by the Authority (the “Financial Plan”).

• The President of the Board shall file a copy of the certificate determining the final details of the School District Bonds and the final Financial Plan with the District Clerk not later than ten (10) days after the delivery of the Bonds, as herein provided.

• An annual appropriation shall be made in each year sufficient to pay the principal of and interest on the School District Bonds becoming due and payable in such year.

• The faith and credit of the District are hereby irrevocably pledged for the payment of the principal of and interest on the School District Bonds as the same respectively become due and payable.

More Definitions of District Bonds

District Bonds means the sales tax revenue bonds issued by or on behalf of the District under a Trust Indenture and in accordance with this Agreement. The form of District Bonds shall be attached to and incorporated as part of a Trust Indenture.

District Bonds shall have the meaning ascribed to such term in Section 4.1 hereof.

District Bonds means Bonds owned by or held for the account of the District.

District Bonds have the definition set forth in the preambles of this Agreement. “Escrow Fund” means the fund by that name as created in Section 4 herein.

District Bonds means all bonds, including refunding bonds, of the District heretofore or hereafter issued pursuant to voter-approved measures of the District, including bonds approved by the voters of the District pursuant to Measure C (approved by the voters at an election duly called and regularly held in the District on November 8, 1994, authorizing the issuance of $169,730,000 in bonds), Measure A (approved by the voters at an election duly called and regularly held in the District on March 7, 2000, authorizing the issuance of $303,000,000 in bonds), Measure B (approved by the voters at an election duly called and regularly held in the District on June 6, 2006, authorizing the issuance of $435,000,000 in bonds), Measure J (approved by the voters at an election duly called and regularly held in the District on November 6, 2012, authorizing the issuance of $475,000,000 in bonds), and Measure Y, approved by the voters pursuant to the 2020 Authorization.

District Bonds means, collectively, one or more series of bonds or other evidences of indebtedness issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, other financial obligations or securities issued by the District to refund the District Bonds, but specifically exclusive of any Reimbursement Agreement entered into between the Developer and the District.

District Bonds means one or more series of bonds or other 9 obligations proposed to be issued by the District pursuant to the Act, which are secured by