Series 20 B Bonds definition

Series 20 B Bonds means the Taxable Economic Development Subordinate Tax Increment Revenue Bonds, Series B, dated , 20 in the aggregate principal amount of $ .]
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Series 20 B Bonds or “Bonds” means the Taxable Economic Development Subordinate Tax Increment Revenue Bonds, Series 20 B (Xxxxxxx Landing Project) to be issued by the City under the Indenture in the aggregate principal amount not to exceed $2,750,000. For purposes of this Financing and Loan Agreement, the Series 20 B Bonds also shall include any “Additional Bonds” issued pursuant to the Indenture.
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Examples of Series 20 B Bonds in a sentence

  • The Borrower shall give the Trustee not less than fifteen (15) days prior written notice of any prepayment of the Series 20 B Note pursuant to Sections 4.1 and 4.2 hereof, which notice shall designate the date of prepayment and the amount thereof, indicate the section or subsection pursuant to which prepayment shall occur, and direct the redemption of the Series 20 B Bonds in the amounts corresponding to the Series 20 B Note to be prepaid.

  • The Series 20 B Bonds issued under the Indenture will be payable solely out of: (i) Pledged Tax Increment (as hereinafter defined), junior and subordinate to the Series A Bonds; (ii) the payments to be made by the Borrower on the Series 20 Note and any other Notes issued hereunder; (iii) [Taxpayer Payments, junior and subordinate to the Series A Bonds] and (iv) proceeds of the Series 20 B Bonds.

  • Concurrently with the execution and delivery hereof, the City is issuing the Series 20 B Bonds and is lending the proceeds from the sale thereof to the Borrower by making the deposits and payments specified in Section 3.1 and 4.3 of the Indenture.

  • To the extent the Pledged Tax Increment [and Taxpayer Payments] are not sufficient to pay any of the principal of or interest on the Series 20 B Bonds, the Borrower may defer payment of such amounts due hereunder until such time as there shall be sufficient Pledged Tax Increment [and Taxpayer Payments] to make such payments and the Bondholder may forego the principal and interest due to the extent Pledged Tax Increment [and Taxpayer Payments] are not available.

  • The City shall deposit with the Trustee proceeds from the sale of the Series 20 B Bonds in the manner specified in Article III of the Indenture, and the Trustee shall deposit such proceeds in the manner specified in such Article.

Related to Series 20 B Bonds

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • B Notes means each of Note B-1 and Note B-2.

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • REMIC Certificate Maturity Date The "latest possible maturity date" of the Regular Certificates as that term is defined in Section 2.07.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Class A-1 Notes means the Class A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Outstanding Parity Bonds means the Outstanding Series 2010B Bonds, Series 2011A Bonds, Series 2012A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, and Series 2019A Bonds.

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Series A Notes is defined in Section 1.

  • Class B Notes has the meaning assigned to such term in the Indenture.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Certificate Principal Amount With respect to any Certificate (other than an Interest-Only Certificate), at the time of determination, the maximum specified dollar amount of principal to which the Holder thereof is then entitled hereunder, such amount being equal to the initial principal amount set forth on the face of such Certificate, less (i) the amount of all principal distributions previously made with respect to such Certificate; (ii) all Realized Losses allocated to such Certificate; provided, however, that on any Distribution Date on which a Subsequent Recovery is distributed, the Certificate Principal Amount of any Class of Certificates then outstanding to which a Realized Loss amount has been applied will be increased, in order of seniority, by an amount equal to the aggregate amount of any Subsequent Recovery distributed on such date to Holders of the Certificates, after application (for this purpose) to more senior Classes of Certificates pursuant to this Agreement and (iii) in the case of a Subordinate Certificate, any Subordinate Certificate Writedown Amount allocated to such Certificates. For purposes of Article V hereof, unless specifically provided to the contrary, Certificate Principal Amounts shall be determined as of the close of business of the immediately preceding Distribution Date, after giving effect to all distributions made on such date. Interest-Only Certificates are issued without Certificate Principal Amounts.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.