Reimbursement Bonds definition

Reimbursement Bonds means Bonds the proceeds of which are to be used for reimbursement of such capital or other qualifying expenditures paid before issuance of the Bonds.

Reimbursement Bonds means any issue of bonds all or part of the proceeds of which are to be used for reimbursement of capital expenditures paid before issuance of the bonds.

Reimbursement Bonds means Obligations that are issued to reimburse the Issuer for Capital Expenditures, and for certain other expenses permitted by the Reimbursement Regulations, previously paid by or for the Issuer.

Examples of Reimbursement Bonds in a sentence

• If possible, actual reimbursement should be made within 30 days of the date of issuance of the Reimbursement Bonds.

• No advance from any fund or account or order for payment may be made for expenditures (other than expenditures excepted from such requirement under the Reimbursement Regulations) that are to be reimbursed subsequently from proceeds of Reimbursement Bonds unless a Declaration of Official Intent with respect thereto is made within the time required by the Reimbursement Regulations.

• The Oakland County Clerk is further directed to assure that each declaration of intent is continuously available during normal business hours of the County on every business day of the period beginning the earlier of 10 days after the date of execution of said declaration of intent and ending on the date of issuance of the Reimbursement Bonds.

• Reimbursement Bonds must be issued not later than 18 months after the later of (i) the date on which the original expenditure is paid, or (ii) the date on which the property is placed in service, but in any case not more than three years after the date on which the original expenditure is paid.

• The Regulations generally permit reimbursement of capital expenditures and costs of issuance of the Reimbursement Bonds.

More Definitions of Reimbursement Bonds

Reimbursement Bonds means the portion of the Bonds which are allocated to reimburse the Original Expenditures paid prior to the Closing Date and incurred in connection with a Project Segment.

Reimbursement Bonds means Obligations that are issued to reimburse the Borrower for Capital Expenditures previously paid by or for the Borrower.

Reimbursement Bonds means Obligations that are issued to reimburse the City for Capital Expenditures, and for certain other expenses permitted by the Reimbursement Regulations, previously paid by or for the City.

Reimbursement Bonds means Obligations that are issued to reimburse the Ohio Turnpike Commission for Capital Expenditures, and for certain other expenses permitted by the Reimbursement Regulations, previously paid by or for the Ohio Turnpike Commission.

Reimbursement Bonds means Obligations that are issued to reimburse the Board for Capital Expenditures, and for certain other expenses permitted by the Reimbursement Regulations, previously paid by or for the Board.

Reimbursement Bonds means Bonds that are issued to reimburse the Commission or the Institutions for Capital Expenditures previously paid by or for the Commission or the Institutions.

Reimbursement Bonds means Bonds the proceeds of which are to be used for