Project Bond definition

Project Bond means any of D&C Performance Bond, D&C Payment Bond, and the O&M Performance Security (if provided in the form of a bond) provided in accordance with the Agreement.

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Project Bond means the acquisition by the Sellers (other than ▇▇▇▇▇▇▇) of certain businesses and companies from Textron Inc pursuant to the Textron Agreement;

Project Bond means any certificate of insurance, performance bond, payment bond, maintenance bond, guaranty, and/or letter of credit submitted on behalf of Contractor to Owner pursuant to the Contract Documents to ensure that the Project will be fully completed without loss; provided, however, that the term does not include a Bid Bond.

Examples of Project Bond in a sentence

• The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the “City of Noblesville, Indiana Lofts on Tenth Project Bond Fund” (“Bond Fund”).

• The purchase price of each such Project Bond or Beneficial Ownership Interest shall be payable in lawful money of the United States of America, and shall be paid in full on the applicable Bond Purchase Date.

• A special fund is hereby created and designated "Tourism Revenue Bonds, 2000 Series A (Palmas del Mar Country Club Project) Bond Fund." The moneys in the Bond Fund shall be held by the Trustee in trust and applied as hereinafter provided and, pending such application, shall be subject to a lien and charge in favor, and for the further security, of the Holders, until paid out or transferred as herein provided.

• Failure to give or receive such notice with respect to any Project Bond shall not affect the validity of any proceedings for the redemption or purchase of any other Project Bonds.

• The Trust Agreement further provides that any Loan Repayments under the Agreement are to be deposited with the Trustee to the credit of (i) a special fund designated "Tourism Revenue Bonds (Palmas del Mar Country Club Project) Bond Fund", which special fund is equally and ratably pledged to and charged with the payment of the principal of and premium, if any, and interest on the Bonds.

• Upon any exchange or transfer and surrender of any Project Bond in accordance with the provisions hereof, the Issuer shall execute and the Trustee shall authenticate and deliver one or more new Project Bonds in exchange therefor as provided herein.

• There is hereby created and established with the Trustee a trust fund to be designated "Mississippi Business Finance Corporation Pollution Control Revenue Refunding Bonds, Series 1996 (Gulf Power Company Project) Bond Fund".

• Neither the Authority, the County, the City of Toccoa (the “City”), the State of Georgia (the “State”), nor any other public body shall have any obligation or liability for repayment of the Project Bond.

• As to any Project Bond, the Person in whose name the same shall be registered shall be deemed and regarded as the absolute owner thereof for all purposes, and payment on account of the principal of, interest on and any Yield Maintenance Amount payable with respect to such Project Bond shall be made only to or upon the order of the Holder thereof or his legal representative.

• The law firm of ▇▇▇▇▇▇▇, ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, P.C., Toccoa, Georgia, the Authority’s general counsel, shall serve as the Authority’s Issuer’s Counsel in connection with the issuance of the Project Bond and this Agreement.

More Definitions of Project Bond

Project Bond means a revenue bond that is a "qualified bond" within the meaning of Section 141(e) of the Code, the interest or distributions in respect of which are excluded from gross income for federal income tax purposes, and which is secured by, among other collateral, a Mortgage on a Project.

Project Bond and "PROJECT BONDS" shall mean, collectively, the Series 1996 Bonds and the Series 1997 Project Bonds.

Project Bond means the Authority’s revenue bond issued pursuant to this