General obligation definition

General obligation means securities to the payment of debt charges on which the full faith and credit and the general property taxing power, including taxes within the tax limitation if available to the subdivision, of the subdivision are pledged.

General obligation means a bond, note, debenture,

General obligation means obligations of the State of Oklahoma or a political subdivision of this state and of any other state or political subdivision thereof supported by the full faith and credit of the obligor. It includes all obligations payable from a special fund when the full faith and credit of a state or any political subdivision of a state is obligated for payment into the fund of amounts which will be sufficient to provide for all required payments in connection with the obligation. It implies an obligor possessing resources sufficient to justify faith and credit;

Examples of General obligation in a sentence

• The term of this agreement shall be valid and binding from date of execution through the conclusion of the District’s General Obligation Refunding Bond process (anticipated to be prior to March 2022), unless the termination section of this agreement is invoked.

• KNN Public Finance, LLC shall provide municipal advisory services in connection with the Refunding of the District’s General Obligation bonds.

• General Obligation Refunding Bonds $65,000 *See Section 5, Compensation EXHIBIT C Disclosures Pursuant to MSRB Rules G-42 and G-10 Pursuant to Municipal Securities Rulemaking Board (“MSRB”) Rule G-42, on Duties of Non-Solicitor Municipal Advisors, Municipal Advisors are required to make certain written disclosures to clients which include, amongst other things, Conflicts of Interest and any Legal or Disciplinary events of KNN Public Finance, LLC (“KNN Public Finance”) and its associated persons.

• The Governmental Unit has passed a resolution dated April 12, 2022, (the “Resolution) authorizing the issuance of its $4,800,000 General Obligation Improvement Bonds, Series 2022A (the “Bonds”), the proceeds of which will be used to provide funds for the extentsion of water and sewer utilities to new Tri-County healthcare facility.

• The Consultant shall assume primary responsibility for assisting the District in connection with the preparation and filing of continuing disclosure annual reports, reporting of significant event notices and any other applicable disclosure notices for the District in connection with its General Obligation Bonds, Certificates of Participation and Lease Revenue Bonds Disclosure Obligations.

More Definitions of General obligation

General obligation means general obligation bonds or any other lawful general obligation of a public body constituting a debt or indebtedness of such public body.

General obligation means an obligation issued by a municipality and secured by the full faith and credit and taxing power of such municipality including any contingent obligation which is payable from the general fund and is subject to annual appropriation.

General obligation means a bond, note, debenture, security, or other instrument evidencing an obligation of the government entity that is the issuer that is supported by the full available resources of the issuer, the principal and interest of which is payable in whole or in part by taxation.

General obligation means an obligation issued by a municipality and secured by the full faith and credit and taxing power of such municipality;

General obligation. Each Party (other than NGC and its subsidiaries) (the "Obligor") hereby undertakes with each other Party (including NGC and its subsidiaries) that it shall preserve the confidentiality of, and not directly or indirectly reveal, report, publish, disclose or transfer or use for its own purposes Confidential Information except:-

General obligation means a pledge by the applicant’s voters of the full faith and credit and unlimited taxing ability to secure a loan. The applicant must have the ability to levy and increase property taxes for payment of debt obliga- tions.

General obligation means an obligation issued by the city and secured by the full faith and credit and taxing power of the city including any contingent obligation which is payable from the general fund and is subject to annual appropriation.