School Bonds definition

School Bonds means School Obligations issued as Bonds.
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School Bonds means, in the case of a school facilities project
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School Bonds means any Bonds allocable to proceeds used or to be used to fund the acquisition, construction, rehabilitation, or improvement of School Facilities.
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Examples of School Bonds in a sentence

  • The Internal Revenue Code of 1986, as amended (as more particularly defined below, the "Code"), imposes requirements on VPSA and the Localities selling their Local School Bonds to VPSA that must be met if interest on the VPSA Bonds is to be excludable from gross income for federal income taxation under Section 103 of the Code, including arbitrage yield restriction and rebate requirements of Section 148 of the Code.

  • The difference in the interest rates between the VPSA Bonds and the Local School Bonds shall be collected and retained by VPSA as partial payment of the administrative costs incurred by VPSA in connection with issuing, carrying, and repaying the VPSA Bonds, and the underwriting discount, if any, and the cost of purchasing, carrying, and selling or redeeming the Local School Bonds.

  • VPSA will apply certain of the proceeds of the sale of the VPSA Bonds to purchase the Local School Bonds on the Closing Date.

  • In order to finance the cost of the purposes set forth in Section 1 hereof, the Board is hereby authorized to issue not to exceed $9,800,000 aggregate principal amount of Refunding School Bonds, all in accordance with the requirements of N.J.S.A. 18A:24-61 through 62, which Refunding School Bonds may be issued in one or more multiple series.

  • The proceeds of the Local School Bonds shall be invested in accordance with the Information Statement, this Proceeds Agreement and the Related Tax Agreements.


More Definitions of School Bonds

School Bonds means, in the case of a school facilities project which is to be constructed by the development authority, a redevelopment entity, or a district under section 15 of P.L.2000, c.72 (C.18A:7G-15), bonds, notes or other obligations issued by a district to finance the local share; and, in the case of a school facilities project which is not to be constructed by the development authority or a redevelopment entity, or financed under section 15 of P.L.2000, c.72 (C.18A:7G-15), bonds, notes or other obligations issued by a district to finance the total costs;
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School Bonds means the bonds, notes or other obligations, if any, issued by the District to finance the Local Share.
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School Bonds means bonds issued pursuant to the provisions of Sections 15-101 through 15-109 of Title 70 of the Oklahoma Statutes;
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School Bonds means as set forth in N.J.S.A. 18A:7G-3.
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School Bonds means, in the case of a school facilities project which is to be constructed by the development authority, a redevelopment entity, or a district under section 15 of P.L.2000,
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School Bonds means the bonds, notes or other obligations issued by a district to finance the local share. "School business administrator" means the person appointed by the district board pursuant to N.J.A.C. 6:11-9.
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School Bonds means, in the case of a school facilities project which is to be constructed by the Authority, a redevelopment entity, or a district under N.J.S.A. 18A:7G-15, bonds, notes or other obligations issued pursuant to N.J.S.A. 18A:24-1 et seq. to finance the local share; and, in the case of a school facilities project which is not to be constructed by the authority or a redevelopment entity, or financed under N.J.S.A. 18A:7G-15, bonds, notes or other obligations issued by a district to finance the total costs.
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