Federally Taxable Bonds definition

Federally Taxable Bonds means Bonds so designated by the Supplemental Indenture pursuant to which they are issued.
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Federally Taxable Bonds means for purposes of this resolution, any emission of Bonds, the interest on which is includable in gross income of the holders thereof for federal income tax purposes and that, when issued, qualify to receive Direct Payment Credits;
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Federally Taxable Bonds means the General Obligation Bonds, Series 2021B (Federally Taxable) of the Municipality, to be dated their date of delivery, or such other series designation and dated date as the Mayor shall determine pursuant to Section 8 hereof.
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Examples of Federally Taxable Bonds in a sentence

  • Section 2.2 of the Fourth Supplemental Resolution to the State of North Dakota Student Loan Revenue Bonds First General Bond Resolution has deemed these to be Federally Taxable Bonds.

  • On October 23, 2013, the Authority issued $356,085,000 of fixed-rate Senior Revenue Bonds, Series 2013A (Tax-Exempt Bonds) (the “2013 Series A Bonds”) and $6,700,000 of fixed-rate Senior Revenue Bonds, Series 2013B Federally Taxable Bonds) (the “2013 Series B Bonds”).

  • Selection of appropriate performance criteria for an RAA should therefore consider both the expectations of permitting authorities as well as capability of the selected model.• Model Calibration and Validation – Assessment and reporting of model performance is often achieved through the model calibration and validation process.

  • More information about LSC can be found at LSC’s Web site: http://www.lsc.gov.Dated: August 19, 2008.Victor M.

  • The proceeds of the 2018 Bonds, together with certain other funds were used primarily to (i) current refund the Senior Lien Dedicated Tax Revenue and Refunding Bonds Series 2007A (the “2007A Bonds”); (ii) advance refund the Senior Lien Dedicated Tax Revenue and Refunding Bonds (Convention Center Hotel Project) Series 2010C (Federally Taxable Bonds) (the “2010C Bonds”); and (iii) fund the Debt Service Reserve Account Requirement for each series of the 2018 Bonds.

  • The proceeds of the Federally Taxable Bonds shall be used to pay the Termination Fees and the costs of issuance of the Federally Taxable Bonds, including necessary legal, accounting and fiscal expenses, printing, engraving, advertising and similar expenses, administrative and clerical costs, Registration Agent fees, bond insurance premiums, if any, and other necessary miscellaneous expenses incurred in connection with the issuance and sale of the Federally Taxable Bonds.

  • SUBSEQUENT EVENTOn October 7, 2021, KPTIA issued $150,740,000 Series 2021A Federally Taxable Bonds and $34,560,000 Series 2021B Tax-Exempt Bonds, $185,300,000 in aggregate.The 2021A & Bonds were issued to refund all $174.9 million outstanding Series 2013A Bonds and $4.7 million of the outstanding Series 2013B Bonds, $179.6 million in aggregate (“Target 2013 Bonds”).

  • Series A were issued as Qualified School Construction Bonds and Series B were issued as Federally Taxable Bonds.

  • If issued as Federally Taxable Bonds, the President and Chief Executive Officer of KUB, on behalf of the City and KUB, is directed to make any election required under applicable law to qualify such emission of Bonds for Direct Payment Credits on each interest payment date.

  • KUB will cause to be filed with the transcript of proceedings for any emission of Federally Taxable Bonds, a report of the Financial Adviser as to the factors taken into account by the Financial Advisor in recommending that any emission be issued as Federally Taxable Bonds.


More Definitions of Federally Taxable Bonds

Federally Taxable Bonds means not to exceed $2,670,000 in aggregate principal amount of General Obligation Improvement and Refunding Bonds Federally Taxable, Series 2016 of the Municipality, to be dated their date of delivery, or such other series designation and dated date as the Mayor shall determine pursuant to Section 7 hereof;
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Federally Taxable Bonds means, for purposes of this resolution, any series of Series 2020 Bonds, the interest on which is includable in gross income of the holders thereof for federal income tax purposes;
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Federally Taxable Bonds means not to exceed $67,500 in aggregate principal amount of General Obligation Improvement Bonds Federally Taxable, Series 2017 of the Municipality, to be dated their date of delivery, or such other series designation and dated date as the Mayor shall determine pursuant to Section 7 hereof;
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Federally Taxable Bonds means that portion of the Bonds, if any, as determined by Bond Counsel, based upon an analysis of existing laws, regulations, rulings and court decisions, the interest on which is excluded from gross income for Federal income tax purposes.
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Related to Federally Taxable Bonds

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

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

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

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

  • State premium tax liability means any liability

  • Corporate Bonds means debt securities issued by private and public corporations.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • 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.

  • Insurance premium finance company means a person engaged in the business of

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Interest Only Mortgage Loan A Mortgage Loan for which an interest-only payment feature is allowed during the interest-only period set forth in the related Mortgage Note.

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

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

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

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

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

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

  • 2026 Notes means those certain 3.850% Senior Notes due 2026, issued by the Company pursuant to the 2026 Notes Indenture, in an aggregate original principal amount of $300.0 million.

  • REO Imputed Interest As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month's interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan, if appropriate) as of the close of business on the Distribution Date in such calendar month.