Refunding Portion definition

Refunding Portion means that portion of a Multipurpose Issue the Proceeds of which are, or are to be, used to pay Debt Service on Refunded Bonds and includes Issuance Costs, Pre-Issuance Accrued Interest or permitted capitalized interest, a reasonably required reserve or replacement fund and similar costs properly allocable to the Refunding Portion.

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Refunding Portion means the sale proceeds of the Certificates properly allocable to the refunding of the Refunded Obligations and related common costs of the Certificates.

Refunding Portion means the portion of 2020 Bonds or such other series or a portion of a series and the proceeds thereof allocable to the refunding of the Refunded Bonds determined by the Chairman or the Executive Director pursuant to Section 304 hereof.

Examples of Refunding Portion in a sentence

Proceeds of the Refunding Portion will be used to pay the principal portion and interest portion of basic rent payments on the Refunded Obligations.
Proceeds of the Refunding Portion will be used as described in Sections 3.5 and 3.8. The Bond Compliance Officer will maintain accounting records showing the investment and expenditure of this money as part of the Tax-Advantaged Bond File.
If the Issue is a Multipurpose Issue, the Refunding Portion and the New Money Portion are treated for purposes of the rebate Spending Exceptions as separate issues.
Proceeds of the Refunding Portion allocable to a current refunding of the Refunded Obligations (see Section 3.8) may be invested without Yield restriction for up to 90 days after the Issue Date.
Thus, the Refunding Portion is eligible to use only the 6-Month Spending Exception.

More Definitions of Refunding Portion

Refunding Portion means, together, those portions of the Bonds identified in the

Refunding Portion means the sale proceeds of the Bonds identified in Section 3.6, together with the remaining Gross Proceeds of the Bonds properly allocable to the refunding of the Refunded Bonds.

Refunding Portion means that portion of the Series 2013 Bonds that is providing financing to refund the Refunded Bonds and which will not be secured by or payable from the Revenues of the Sales Tax.

Refunding Portion means those portions of the Bonds identified in the column

Refunding Portion means that portion of a Multipurpose Issue the Proceeds of which are, or are to be, used to pay Debt Service on Refunded Bonds and includes Issuance Costs, Pre Issuance Accrued Interest or permitted capitalized interest, a reasonably required reserve or replacement fund and similar costs properly allocable to the Refunding Portion.

Refunding Portion means, for State Law purposes, the principal amount of the Bonds specified in the Certificate of Final Terms attached hereto as Schedule 1 being issued for the purpose of providing funds to refund the Refunded Bonds.

Refunding Portion means that portion of the principal amount of the Bonds so designated in