Draw-down Bond Issuance definition

Draw-down Bond Issuance means a draw-down loan as defined for purposes of 26 U.S.C. sections 103 and 141 through 150 (generally, a Bond issue in which Bonds are delivered to the Bond purchaser intermittently as funds are needed by the Bond Issuer and the Bond Issuer only provides payments based on the amount of Bonds drawn-down).
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Draw-down Bond Issuance means a draw-down loan as defined for purposes of 26 U.S.C. sections 103 and 141 through 150 (generally, a Bond issue in which Bonds are delivered to the Bond purchaser
Sample 1Sample 2Sample 3

Examples of Draw-down Bond Issuance in a sentence

  • The initial Draw-down Bond Issuance must exceed the lesser of $50,001 or 5% of the total Allocation awarded and occur in accordance with expiration dates provided in section 5100.

  • The Committee will make every effort to provide replacement Allocation to Projects in which Bond proceeds will be provided on a Draw-down Bond Issuance basis.

  • We will be clear with our residents on what we will do and what our asks of residents are- cultivating a shared responsibility approach.

Related to Draw-down Bond Issuance

  • Draw Down shall have the meaning assigned to such term in Section 6.1(a) hereof.

  • Initial Bond Issue means the issuance of the Initial Bonds. "Initial Bonds" means the Bonds issued on the First Issue Date.

  • Draw Down Amount means the actual amount of proceeds to be paid by the Purchaser in connection with a Draw Down.

  • Policy Issuance Date means the date of first issuance of these Terms and Benefits.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Incremental Purchase means a purchase of one or more Purchaser Interests which increases the total outstanding Aggregate Capital hereunder.

  • Initial Bond means any Bond issued on the First Issue Date. “Initial Bond Issue” has the meaning set forth in Clause 2.1.

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Series Issuance Date means, with respect to any Series, the date on which the Notes of such Series are to be originally issued in accordance with Section 2.12 and the related Indenture Supplement.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Initial Advance means the first Advance made pursuant to Article II.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Optional Purchase Percentage means 5%.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Purchase Commitment means a written commitment, in form and substance satisfactory to Lender, issued in favor of Borrower by an Investor under which that Investor commits to purchase Mortgage Loans or Mortgage-backed Securities.

  • Draw Date means, with respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date.