Series 2016 Bond definition

Series 2016 Bond means the Taxable Hospital Revenue Bond, Series 2016 (Hawarden Regional Healthcare Project), in the principal amount of $8,833,254 issued pursuant to this Series Resolution and the Master Bond Resolution and the Series 2016 USDA Loan Agreement.
Series 2016 Bond means the Gadsden County, Florida Sales Tax Revenue Refunding Bond, Series 2016, authorized pursuant to this Ordinance.
Series 2016 Bond means the Storm Drainage System Revenue Bond (DNRC Water Pollution Control State Revolving Loan Program), Series 2016, issued in the maximum authorized principal amount of $5,000,000 pursuant to the Resolution as then in effect.

Examples of Series 2016 Bond in a sentence

  • The principal installments of the Series 2016 Bond due on and after July 15, 2027, may be redeemed prior to their respective maturities at the option of the Authority, in whole or in part, on any date beginning July 15, 2026, at a redemption price of par, together with interest accrued to the date fixed for redemption.

  • Any defect in that notice as to any Series 2016 Bond shall not affect the validity of the proceedings for the redemption of any other Series 2016 Bond, and any failure to receive notice duly mailed shall not affect the validity of the proceedings for the redemption of any Series 2016 Bonds.

  • The City of Westfield General Obligation Bonds, Series 2016 Bond Fund is created hereby (the “Bond Fund”).

  • In the case of redemption of Series 2016 Bonds pursuant to Section 5.1 hereof, notice of the call for any such redemption identifying the Series 2016 Bonds, or portions of fully registered Series 2016 Bonds, to be redeemed shall be given by mailing a copy of the redemption notice by first class mail not less than ten (10) days nor more than sixty (60) days prior to the date fixed for redemption to the registered Owner of each Series 2016 Bond to be redeemed at the address shown on the registration books.

  • The Series 2016-B Bonds are being issued subsequent to the City’s previously issued General Obligation Bonds, Series 2016 (the “Series 2016 Bonds”), to remedy a shortfall in Series 2016 Bond proceeds necessary to fund sewerage system improvements and related expenses.

  • As of the date hereof, the Series 2016 Bond constitutes the only Outstanding obligations of the City secured by the Gross Revenues.

  • The execution by the Issuer of any fully registered Series 2016 Bond without coupons of any denomination shall constitute full and due authorization of such denomination, and the Trustee shall thereby be authorized to authenticate and deliver such registered Series 2016 Bond.

  • The Trustee may charge the Bondholder or owner of such Series 2016 Bond with their reasonable fees and expenses in this connection.

  • Both principal of and interest on the Series 2016 Bond shall be issued as a draw down bond, subject to advances by Rural Development from time to time as provided in the Series 2016 Bond and the Series 2016 USDA Loan Agreement.

  • The sale or transfer of this Series 2016 Bond in principal amounts of less than $100,000 is prohibited to an entity that is not an accredited investor other than through a primary offering.


More Definitions of Series 2016 Bond

Series 2016 Bond means the $6,342,000 City of North Myrtle Beach, South Carolina, Cherry Grove Improvement District Assessment Revenue Bond, Series 2016.
Series 2016 Bond means the Lee County, Florida Solid Waste System Refunding Revenue Bonds, Series 2016 authorized pursuant to Section 2.02 hereof.
Series 2016 Bond or "Series 2016 Bonds" shall mean the Tax Increment Financing Revenue Bonds, Series 2016 (Cotton Mill Marketplace Project), of the Municipality authorized and directed to be issued in the Bond Resolution.
Series 2016 Bond or “Series 2016 Bonds” means any or all of the $ City of Greenville Public Facilities Corporation Installment Purchase Revenue Bonds, Series 2016, authorized by and secured under this Trust Agreement.
Series 2016 Bond means the $5,000,000 Storm Drainage System Revenue Bond (DNRC Water Pollution Control State Revolving Loan Program), Series 2016, issued to the DNRC to evidence the 2016 Loan.

Related to Series 2016 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.

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

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

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

  • Interest Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders' Percentage of the Principal Distributable Amount.

  • 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).

  • Trust Amount has the meaning set forth in the Trust Agreement.

  • 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.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

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

  • Reallocated Class B Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsection 4.12(a) in an amount not to exceed the product of (a) the Class B Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for such Transfer Date.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Basic Servicing Fee means the fee payable pursuant to Section 3.09 to the Servicer on each Payment Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Fee Rate multiplied by the Pool Balance as of the first day of the related Collection Period or, with respect to the first Payment Date, the Original Pool Balance.