Series 2002B Bond definition

Series 2002B Bond means the City’s First Amended and Restated Sanitary Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, issued in the maximum authorized principal amount of $5,590,000 pursuant to the Original Resolution, as then in effect.
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Series 2002B Bond means the City’s Sanitary Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, issued in the maximum authorized principal amount of $12,100,000 pursuant to the Original Resolution, as then in effect.
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Series 2002B Bond or "Series 2002B Bonds" means one or more of the Kentucky Rural Water Finance Corporation Public Projects Refunding Revenue Bonds (Flexible Term Program), Series 2002A, authorized by, and at any time Outstanding pursuant to, the Indenture, as supplemented.
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Examples of Series 2002B Bond in a sentence

  • Upon each advance of the Series 2013 Bonds, the deposit to the Reserve Account shall be sufficient to cause the balance in the Reserve Account to equal the Reserve Requirement in respect of the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond, and the principal of the Series 2013 Bonds so advanced.

  • The Borrower shall keep, perform and observe each and every one of its covenants and undertakings set forth in the Resolution for the benefit of the registered owners from time to time of the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds.

  • The Net Revenues to be produced by such rates, charges and rentals during the term of the Series 2013 Bonds are expected to be more than sufficient to pay the principal and interest when due on the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds, and to create and maintain reasonable reserves therefor and to provide an adequate allowance for replacement and depreciation, as prescribed herein.

  • The Borrower is authorized to charge just and equitable rates, charges and rentals for all services directly or indirectly furnished by the System, and to pledge and appropriate to the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, the Series 2012 Bond and the Series 2013 Bonds the Net Revenues to be derived from the operation of the System, including improvements, betterments or extensions thereof hereafter constructed or acquired.

  • The Series 2002B Bond, Series 2005 Bonds, Series 2009B Bond and Series 2012 Bond are payable from Net Revenues of the System, and no other bonds or indebtedness are outstanding that are payable from or secured by revenues of the System.

  • Pursuant to the Act and the Resolution, the Borrower has issued, and has outstanding, Series 2002B Bond, Series 2005 Bonds, Series 2009B Bond and Series 2012 Bond.

  • Based on a certificate executed or to be executed by an Independent Consultant, it is hereby determined that the Borrower is authorized to issue the Series 2012 Bond in the maximum principal amount of $3,800,000 pursuant to Section 6.01 of the Original Resolution, with the Series 2012 Bond payable from and secured by the Net Revenues on a parity with the Outstanding Series 2002A Bonds, Series 2002B Bond, Series 2005 Bonds and Series 2009B Bond.

  • Upon each advance of the Series 2012 Bond, the deposit to the Reserve Account shall be sufficient to cause the balance in the Reserve Account to equal the Reserve Requirement in respect of the Series 2002A Bonds, the Series 2002B Bond, the Series 2005 Bonds, the Series 2009B Bond, and the principal of the Series 2012 Bond so advanced.

  • At any time after the third anniversary of the Issuance Date, the Company, at its option, may redeem all (but not less than all), of the then outstanding Series B Preferred Shares for a price per share equal to the Redemption Price as of the Company Redemption Date by giving notice (a "Call Notice") to each holder of Series B Preferred Shares not less than sixty (60) days prior to the Company Redemption Date.

  • The DNRC has agreed to the amendment of the 2002B Resolution and the Series 2002B Bond in order to effect the reduction in interest rates described in Section 1.03 of this Resolution.


More Definitions of Series 2002B Bond

Series 2002B Bond means the City’s $5,000,000 Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, outstanding as of May 1, 2011 in the principal amount of $3,344,000.
Sample 1
Series 2002B Bond means the City’s $2,890,000 First Amended and Restated Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, which is outstanding as of August 1, 2015 in the principal amount of $2,154,000.
Sample 1
Series 2002B Bond means the City’s $2,890,000 First Amended and Restated Sewerage System Revenue Bond (DNRC Revolving Loan Program), Series 2002B, which is outstanding as of June 1, 2020 in the principal amount of $805,000.
Sample 1

Related to Series 2002B Bond

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

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

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

  • Series 2020 Bonds means the Series 2020A Bonds and the Series 2020B Bonds.

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

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

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

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Certificate Principal Amount With respect to any Certificate (other than the Interest-Only Certificates and the Class R and Class LT-R Certificates) and any Distribution Date, 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) the principal portion of all Realized Losses previously allocated to such Certificate; and (iii) any Certificate Writedown Amount previously allocated to such Certificate; provided, however, that on any Distribution Date on which a Subsequent Recovery is distributed, the Certificate Principal Amount of any Certificate then outstanding to which a Certificate Writedown Amount or Realized Loss amount has been applied will be increased sequentially, in order of seniority, by an amount equal to the lesser of (A) the principal portion of any Certificate Writedown Amount or Realized Loss amount previously allocated to that Certificate to the extent not previously recovered and (B) the principal portion of any Subsequent Recovery allocable to such Certificate after application (for this purpose) to more senior Classes of Certificates pursuant to this Agreement; and provided further that on any Distribution Date on which the Aggregate Stated Principal Balance of the Mortgage Loans exceeds the aggregate Certificate Principal Amount, such excess (including any excess attributable to the allocation of Principal Forbearance Amounts) will be allocated to increase the Certificate Principal Amount of any Certificate then outstanding to which a Certificate Writedown Amount or Realized Loss amount has previously been allocated, sequentially in order of seniority, up to the principal amount of such Certificate Writedown Amount or Realized Loss to the extent not previously recovered. The Interest-Only Certificates and the Class R and Class LT-R Certificates are issued without Certificate Principal Amounts.

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

  • Required Subordinated Amount of Class D Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Substitution Principal Amount With respect to any Mortgage Loan substituted in accordance with Section 2.02 or pursuant to Section 2.03, the excess of (x) the unpaid principal balance of the Mortgage Loan which is substituted for over (y) the unpaid principal balance of the Substitute Mortgage Loan, each balance being determined as of the date of substitution.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Class A Monthly Principal means the monthly principal distributable in respect of the Class A Certificates as calculated in accordance with subsection 4.07(a).

  • Required Subordinated Amount of Class C Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Class B Notes means the Class B 5.87% Asset-Backed Notes substantially in the form of Exhibit B to the Indenture.

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of: