Qualified Bonds definition

Qualified Bonds means any bond issued by a Municipality pursuant to the provisions of the Qualified Bond Act, N.J.S.A. 40A:3-1 et seq.
Qualified Bonds means any bond issued by a Municipality pursuant to the provisions of the Qualified Bond Act, N.J.S.A. 40A:3-1 et seq., which Act provides supplemental collateral as security for bonds issued thereunder in furtherance of satisfaction of the Credit Eligibility Requirements as set forth herein.
Qualified Bonds means bonds, debentures, notes,

Examples of Qualified Bonds in a sentence

  • The achievement of FAAARO over a relatively short period is commendable.

  • Many of the revenues securing Qualified Bonds issued by participants in the Municipal Qualified Bond Program can be intercepted by the I-Bank as well.

  • The parties acknowledge that EIP to the District by the City will be applied exclusively to pay, outstanding District debt, for Qualified Bonds issued by the District these bonds shall only be for infrastructure improvements made by the District within the City of Winter Park.

  • The term of this Agreement shall commence on the Effective Date and shall expire at the earlier of (i) forty (40) years from the Effective Date, or (ii) the date on which all Qualified Bonds issued by the District secured by EIP, have fully matured, amortized or been redeemed, defeased or otherwise been paid in full (the “Expiration Date”).

  • The bonds authorized herein shall be designated as "Qualified Bonds" pursuant to the Municipal Qualified Bond Act, N.J.S.A. 40A:3-1 et seq.


More Definitions of Qualified Bonds

Qualified Bonds means notes (including convertible notes) issued by the Borrower that are unsecured and not subject to any Guarantee from any Subsidiary.
Qualified Bonds means those bonds of a municipality authorized and issued in conformity with the provisions of P.L.1976, c.38;
Qualified Bonds means general obligation bonds of a school district issued on or after January 1, 1964 for capital expenditures, including refunding bonds, that are qualified under this act for state loans to school districts, as defined in section 16 of article IX of the state constitution of 1963.
Qualified Bonds means one or more series of bonds or temporary notes, issued under the Act, or Act No. 607 of the General Assembly of the State for the year 1997, whether or not such bonds have been issued under the General Resolution.
Qualified Bonds means the specific type or types of obligations that are subject to the annual volume cap. Qualified bonds include the following types of obligations as defined in federal tax law:
Qualified Bonds means revenue bonds validly issued by the