Initial Bond definition

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

Initial Bond means the initial Bond registered by the Comptroller and subsequently canceled and replaced by a definitive Bond pursuant to this Indenture.

Initial Bond means the Bond authorized, issued, and initially delivered as provided in Section 3 of this Bond Order.

Examples of Initial Bond in a sentence

• Any portion of the text of any Bond may be set forth on the reverse of the Bond, with an appropriate reference on the face of the Bond.The definitive Bonds and the Initial Bond shall be printed, lithographed, or engraved, typewritten, photocopied or otherwise reproduced in any other similar manner, all as determined by the officers executing the Bonds as evidenced by their execution of the Bonds.

• Conditions Precedent(a) The payment of the Net Proceeds from the Initial Bond Issue to the Proceeds Account is subject to the Agent having received documents and evidence of the Proceeds Account Pledge Agreement being duly executed and perfected.

• The Initial Bond shall be registered in the name of the Purchaser or its designee.

• Each Tap Issue will be subject to identical terms as the Bonds issued pursuant to the Initial Bond Issue in all respects as set out in these Bond Terms, except that Additional Bonds may be issued at a different price than for the Initial Bond Issue and which may be below or above the Nominal Amount.

• Each Initial Bond carries Interest at the Interest Rate from (but excluding) the First Issue Date up to (and including) the relevant Redemption Date.

More Definitions of Initial Bond

Initial Bond means the Initial Bond authorized by Section 6(d).

Initial Bond means the Bond authorized, issued, and initially delivered as provided in Sections 3.02 and 3.10 of this Bond Order.

Initial Bond means the Initial Bond authorized by Section 3.4 of this Ordinance. “Interest and Sinking Fund” means the interest and sinking fund established by

Initial Bond means any Bond issued on the First Issue Date.

Initial Bond means one or more Bonds of a Series authorized, issued, sold and initially delivered hereunder and upon which the registration certificate, manually executed by or on behalf of the Comptroller, has been placed.

Initial Bond means the initial bond authorized by Section 3.04(d) of this Ordinance.

Initial Bond means the Series 2022A Bond approved by the Attorney General of the State of Texas and registered by the Comptroller.