Refunded Obligations definition

Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

Refunded Obligations means those Refundable Obligations designated by the Pricing Officer in each Pricing Certificate to be refunded.

Refunded Obligations means such portion, if any, of the Authority’s outstanding fixed or variable rate Bonds and Subordinated Bonds as shall be specified in a Certificate of Determination.

Examples of Refunded Obligations in a sentence

• Redemption of Refunded Obligations; Approval of Escrow Agreement.

• In furtherance of authority granted by Section 1207.007(b), Texas Government Code, the Pricing Officer is further authorized to enter into and execute on behalf of the Issuer the Escrow Agreement, in substantially the form presented to the Board at the meeting at which this Order was adopted and as shall be approved by the Pricing Officer, which Escrow Agreement will provide for the payment in full of the Refunded Obligations.

• It is hereby found and determined that the refunding of the Refunded Obligations is advisable and necessary in order to restructure the debt service requirements of the Issuer, and that the overall debt service requirements on the Bonds will be less than the overall debt service on the Refunded Obligations, resulting in a reduction in the amount of principal and interest which otherwise would be payable.

• The Refunded Obligations are subject to redemption, at the option of the Issuer, and the Pricing Officer is hereby authorized to cause all of the Refunded Obligations to be called for redemption on the dates consistent with the savings analysis set forth in Section 2(b) hereof, and the proper notices of such redemption to be provided in accordance with the proceedings authorizing the Refunded Obligations.

• The Pricing Officer is hereby authorized and directed to issue or cause to be issued the Notice of Redemption of the Refunded Obligations that contains the information required by the proceedings authorizing the Refunded Obligations to the paying agent for the Refunded Obligations.

More Definitions of Refunded Obligations

Refunded Obligations means all or a portion of the Existing Indebtedness which is to be refunded with the proceeds of the Authority Bonds, as set forth in Exhibit B.

Refunded Obligations means those obligations described in Schedule I attached hereto that have been selected and designated to be refunded by the Pricing Officer in the Pricing Certificate.

Refunded Obligations means the Refunding Candidates designated as Refunded Obligations in the Pricing Certificate.

Refunded Obligations means those obligations described in Exhibit G attached hereto, which are being refunded and defeased with the proceeds of the Bonds and other legally available funds of the City, if any.

Refunded Obligations means the outstanding principal amount of the Obligations of the University identified in Section 2 hereof.

Refunded Obligations means the outstanding (i) Promissory Note dated November 21, 2011, issued by the Borrower, which refunded the outstanding Higher Educational Facilities Financing Authority Revenue Bonds (Jacksonville University Project), Series 2006, issued October 12, 2006, which (a) financed the acquisition, construction and equipping of an approximately 500-bed residence hall and related improvements, and (b) refinanced certain outstanding indebtedness of the Borrower which financed or refinanced the costs of the acquisition, construction, renovation, equipping and installation of educational facilities located at the campus at 2800 University Boulevard North, Jacksonville, Florida and 3105 University Boulevard North, Jacksonville, Florida, including the Reid Medical Science Building, the Terry Concert Hall, a nursing annex, a visual arts annex, a marine science center, athletic facilities, student classrooms, student housing facilities, and related facilities, and other capital improvements at the campus, (ii) Promissory Note dated November 4, 2016, issued by the Borrower which financed the costs of the renovation of the residence hall known as “Williams Hall,” and other capital improvements at the campus, and (iii) outstanding Line of Credit Revenue Note issued by the Borrower, which financed or refinanced the costs of acquisition, construction and installation of a chiller plant and related facilities, and other capital improvements at the campus.

Refunded Obligations means, collectively, the 1994 CDC Bonds, the 2004 Assistance Agreement, and the IRS Liability.