Program Bonds definition

Program Bonds means New Issue Bonds and Bank Bonds.

Program Bonds means, collectively, the single-family mortgage revenue bonds and/or multifamily mortgage revenue bonds issued by the HFA and identified in Schedule B to the Placement Agreement.

Program Bonds means the bonds issued pursuant to the Series 2009A Supplemental Indenture, and includes Series 2009A Bonds and Series 2009A Bonds which have been Converted to a Subsequent Series of Bonds.

Examples of Program Bonds in a sentence

• Available Balance: Approximately annually, this account is fully depleted to make payments on Program Bonds.

• Pursuant to the financing indentures, the Authority may use these funds if the Reserve Grant Account were insufficient to pay outstanding Program Bonds.

• While funds held in these Equity accounts are not pledged to the payment of Program Bonds, the SRF Program Representative may, but is not required to, direct that they be used to pay Program Bonds.

• However, the Authority views invested amounts in excess of the foregoing minimum requirement as security and as a source of payment for the outstanding Program Bonds.

• Pursuant to SRF Indenture modification, effective May 30, 2007, the following Reserve accounts are pledged to particular series of Program Bonds by means of subaccounts therein.

More Definitions of Program Bonds

Program Bonds has the meaning given to that term in the Uniform Loss Sharing Attachment.

Program Bonds means, with respect to a Series of Bonds, the Related Bonds, if any, specified as such in the Related Series Indenture.

Program Bonds means the District of Columbia Housing Finance Agency Multifamily Housing Revenue Bonds (NIB Program) (the “Program Bonds”) in the original aggregate principal amount of

Program Bonds means the Program Bonds authorized to be issued pursuant to Section2.5 of the General Indenture and Section 2.1 of the Series Indenture, and includes Pre-Conversion Bonds and Converted Bonds.

Program Bonds means the Program Bonds authorized to be issued pursuant to Section 2.01 of the Series 2009 A Supplemental Indenture and Section 2.1 of this Appendix A, and includes Pre-Conversion Bonds and Converted Bonds.

Program Bonds means the 2009 Series A Bonds, and any associated sub-series of such Bonds, authorized to be issued pursuant to Section 2.1 of the Supplemental Indenture and Section2.1 of this Appendix, and includes Pre-Conversion Bonds and Converted Bonds.

Program Bonds means the Department’s Residential Mortgage Revenue Bonds, Series 2009 C, and includes Pre-Conversion Bonds and Converted Bonds.