Credit Provider Bonds definition

Credit Provider Bonds means any Bonds the Purchase Price of which was paid by amounts paid under a Credit.
Credit Provider Bonds means any Variable Rate Bonds registered in the name of a Credit Provider, or its nominee or agent, pursuant to Section 30-65.17(j).
Credit Provider Bonds means any Bonds purchased with funds provided under a Credit Facility for so long as those Bonds are held by or for the account of, or are pledged to, the applicable Credit Provider in accordance with the applicable Series Trust Indenture.

Examples of Credit Provider Bonds in a sentence

  • The Bonds purchased by the Remarketing Agent as described in the preceding sentence shall have the same characteristics, including, without limitation, interest rate, as other Bonds not held by the Remarketing Agent and which are not Credit Provider Bonds.

  • Any Series 2014_ Bonds so purchased shall be selected first, from Credit Provider Bonds and thereafter from any Series 2014_ Bonds tendered for purchase and may be cancelled or remarketed as provided in Section 2.06(g) below.

  • If less than all the Outstanding Bonds shall be called for redemption, the Bond Registrar or, if the Series 2014_ Bonds are held in the Book Entry System, the Securities Depository, shall first select and call for redemption Credit Provider Bonds.

  • So long as any Series 2014_ Bonds (other than Series 2014_ Bonds registered in the name of the Board and Credit Provider Bonds, which shall not be entitled to any benefit of any Credit Facility) are Outstanding which bear interest at a Short-Term Rate, the Board will cause a Credit Facility to be in effect at all times, except as otherwise provided in Section 3.01(g).

  • Notwithstanding anything herein to the contrary, interest on Credit Provider Bonds shall be payable at the rates, on the dates and in the manner provided in the Reimbursement Agreement, subject to the Ceiling Rate.

  • Prior to the applicable date of purchase, the Board shall deposit with the Bond Registrar funds sufficient to purchase such Series 2014_ Bonds or Credit Provider Bonds.

  • Amounts applied for the redemption of Bonds (whether optional, pursuant to sinking fund requirements or otherwise) shall be used first to redeem Credit Provider Bonds and second to redeem Liquidity Provider Bonds.


More Definitions of Credit Provider Bonds

Credit Provider Bonds means any Bonds purchased pursuant to a Credit Facility as provided in Section V.5.7.(c)(iii) hereof for so long as such Bonds are held by or for the account of, or are pledged to, the applicable Credit Provider in accordance with Section V.5.7.(d) hereof.
Credit Provider Bonds means any Bonds purchased with funds provided under a Credit Facility for so long as such Bonds are held by or for the account of, or are pledged to, the applicable Credit Provider in accordance with the applicable Supplemental Indenture.
Credit Provider Bonds means any Bonds purchased with funds provided under a Credit Support Instrument or Liquidity Instrument until such bonds are paid or remarketed.
Credit Provider Bonds means any Bonds purchased pursuant to Section 3.03(c) or (d) by the Credit Provider which are purchased with the proceeds of a draw on the Credit Facility or the Confirmation Letter, if applicable, and are held for the benefit of the Credit Provider in the name of the Credit Provider as provided in the Reimbursement Agreement until such time as such purchased bonds are released from the security interest created by the Reimbursement Agreement in accordance with the provisions thereof.
Credit Provider Bonds means any Bonds purchased pursuant to Section 3.03(c) by the Credit Provider which are purchased with the proceeds of a draw on the Credit Facility or the Confirmation, if applicable, and are held for the benefit of the Credit Provider in the name of the Company as provided in the Reimbursement Agreement until such time as such purchased Bonds are released from the security interest created by the Reimbursement Agreement in accordance with the provisions thereof.

Related to Credit Provider Bonds

  • Credit Provider means a Person providing a guaranty, or other credit support, in form and substance reasonably acceptable to the Administrative Agent, of the obligations of an Included Investor to make Investor Capital Contributions.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Liquidity Facility “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • 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.

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

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

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

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

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

  • Surety Bonds means surety bonds obtained by the Borrower or any Restricted Subsidiary consistent with market practice and the indemnification or reimbursement obligations of the Borrower or such Restricted Subsidiary in connection therewith.

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

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

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

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Transition bonds means bonds, notes, certificates of

  • Credit Enhancement means, with respect to this Agreement, any credit enhancement or other credit support arrangement in support of the obligations of the Company hereunder or with respect hereto, including any guarantee, collateral arrangement (including any pledge, charge, mortgage or other security interest in collateral or title transfer arrangement), trust or similar arrangement, letter of credit, transfer of margin, reimbursement obligation or any similar arrangement.

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

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Company, any of its Restricted Subsidiaries, or any Receivables Entity for the purpose of providing credit support for one or more Receivables Entities or any of their respective securities, debt instruments, obligations or other Indebtedness.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

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