Class B bonds definition

Class B bonds. The Class B Bonds in the form attached as Exhibit A-2 to the Indenture.
Class B bonds means general obligation bonds approved by a vote of the qualified electors of a school district at an election held from and after December 31, 1998.

Examples of Class B bonds in a sentence

  • The fair value of Class B bonds is calculated by discounting expected future cashflows at a discount rate which is derived from the yield on comparable instruments which are observable in the market.

  • Class B bonds are represented by subordinated junior tranche totaling RR 878 million that was retained by the Bank.

  • Certificate 1 represents the residual beneficial ownership of the FNMA Certificates.(ii) On July 5, 1997, with a view toavoiding the application of section 7701(i), Partnership P transfers Certificate 1 to Trust 2 in exchange for 100 Class B bonds and Certificate 2.

  • Locally funded space paid with Class B bonds that were approved after the creation of SFB.

  • The Class B bonds, under whichTrust 2 is the obligor, have a stated principal amount of $5,000,000, bear a relationship to the FNMA Certificates (within the meaning of § 301.7701(i)-1(f)), and have a differentmaturity than the Class A bonds (within the meaning of § 301.7701(i)-1(e)).


More Definitions of Class B bonds

Class B bonds means the Bonds so designated under the Indenture and issued pursuant thereto.
Class B bonds. The Class 1-B-1 Bonds and Class 3-B-1 Bonds in the form attached as Exhibit A-3 to the Indenture.
Class B bonds means the Class B Wrapped Bonds and the Class B Unwrapped Bonds, each of which may be further divided into Sub-Classes.
Class B bonds. Any one of the Bonds with a "Class B" designation on its face, substantially in the form of Exhibit A-2, subordinate in right of payment to the Class A Bonds, as set forth herein.
Class B bonds means the Class B Secured Fixed Rate Bonds due 2031to be issued by the Issuer and which will rank pari passu and rateably without any preference or priority among themselves and will, as between the Classes and the other Secured Parties, rank in the order of priority set out in the Transaction Documents, and “Class B Bond” means any of the Class B Bonds
Class B bonds are a class of Bonds authorized for issuance under the Indenture, the form of which is attached hereto as Exhibit B.
Class B bonds. The Class B Bonds.