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"ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXcmVmdW5kaW5nLWJvbmQjMDAwMDAwMGEMogECZW4YACAA", "definition": {"size": 265, "snippet": "or \u201cRefunding Bonds\u201d means all or a portion of the", "title": "Refunding Bond", "id": "refunding-bond", "examples": ["Upon the surrender for cancellation, at any time or from time to time, of Notes of this series by the <strong>Refunding Bond</strong> Trustee or any successor trustee under the Ordinance, or by the Company to the Trustee, the Notes so surrendered shall be deemed fully paid and the obligations of the Company thereunder shall be terminated, and such Notes shall be canceled by the Trustee and delivered to the Company.", "Any Tax-Exempt <strong>Refunding Bond</strong> in the Flexible Mode that has a Purchase Date prior to the redemption date established for that Bond pursuant to the preceding sentence shall be redeemed on that Purchase Date.", "All such payments shall be valid and effectual to satisfy and discharge the liability upon such 2019 <strong>Refunding Bond</strong>, including the interest thereon, to the extent of the sum or sums so paid.", "Any 2019 <strong>Refunding Bond</strong> may be signed by such persons as at the actual time of the execution of such 2019 <strong>Refunding Bond</strong> shall be the proper officers to sign such 2019 <strong>Refunding Bond</strong> although at the date of such 2019 <strong>Refunding Bond</strong> such persons may not have been such officers.", "Upon any such transfer, the Commission shall execute and the Trustee shall authenticate and deliver in exchange for such 2016B Subordinate Revenue <strong>Refunding Bond</strong> a new 2016B Subordinate Revenue <strong>Refunding Bond</strong> or Bonds, registered in the name of the transferee, of any denomination or denominations authorized by this Supplemental Indenture No. 22 and of the same maturity and Series, bearing interest at the same rate, and having the same current commencement date, if applicable.", "The foregoing covenants shall extend throughout the term of the 2016B Subordinate Revenue <strong>Refunding Bonds</strong> to all funds and accounts created under this Supplemental Indenture No. 22 and all moneys on deposit to the credit of any such fund or account, and to any other amounts which are 2016B Subordinate Revenue <strong>Refunding Bond</strong> proceeds for purposes of Section 148 of the Code and the rules and regulations thereunder.", "The Trustee shall promptly notify the Commission of such Special Record Date and, in the name and at the expense of the Commission, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to each Owner of a 2020 <strong>Refunding Bond</strong>, entitled to such notice at the address of such owner as it appears on the Bond Register not less than 10 days prior to such Special Record Date.", "This 2016B Subordinate Revenue <strong>Refunding Bond</strong> is one of a duly authorized issue of bonds of the Commission designated \u201cPennsylvania Turnpike Commission Turnpike Subordinate Revenue <strong>Refunding Bonds</strong>, Second Series of 2016\u201d in the aggregate principal amount of $649,545,000 (the \u201c2016B Subordinate Revenue <strong>Refunding Bonds</strong>\u201d), pursuant to an Act of the General Assembly of the Commonwealth of Pennsylvania approved July 18, 2007, \u2587.\u2587.", "For value received, the undersigned hereby sells, assigns and transfers unto the within 2020 First Series Subordinate Revenue <strong>Refunding Bond</strong> and all rights thereunder, and hereby irrevocably constitutes and appoints, attorney to transfer the said 2020 First Series Subordinate Revenue <strong>Refunding Bond</strong> on the bond register, with full power of substitution in the premises.", "The Trustee shall promptly notify the Commission of such Special Record Date and, in the name and at the expense of the Commission, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to each Owner of a 2019 <strong>Refunding Bond</strong>, entitled to such notice at the address of such owner as it appears on the Bond Register not less than 10 days prior to such Special Record Date."], "related": [["refunding-bonds", "Refunding Bonds", "<strong>Refunding Bonds</strong>"], ["existing-bonds", "Existing Bonds", "Existing Bonds"], ["refunded-bonds", "Refunded Bonds", "Refunded Bonds"], ["outstanding-bonds", "Outstanding Bonds", "Outstanding Bonds"], ["revenue-bonds", "Revenue bonds", "Revenue bonds"]], "related_snippets": [], "updated": "2025-07-06T21:58:30+00:00"}, "json": true, "cursor": ""}}