Defeasance Payment Date shall have the meaning ascribed to it in Section 2.11(a).
Defeasance Payment Date means, for any Series, the Payment Date on which the Prepayment Period for such Series commences.
Defeasance Date shall have the meaning set forth in Section 2.5.1(a)(i) hereof.
Scheduled Defeasance Payments shall have the meaning set forth in Section 2.5.1(b) hereof.
Defeasance Collateral means: (i) a Xxxxxxx Mac Debt Security, (ii) a Xxxxxx Mae Debt Security, (iii) U.S. Treasury Obligations, or (iv) FHLB Obligations.
Defeasance Obligations means any of the following obligations:
Defeasance Securities means (i) Federal Securities, (ii) noncallable obligations of an agency or instrumentality of the United States of America, including obligations that are unconditionally guaranteed or insured by the agency or instrumentality and that, on the date the Commissioners Court adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of the Bonds are rated as to investment quality by a nationally recognized investment rating firm not less than "AAA" or its equivalent, (iii) noncallable obligations of a state or an agency or a county, municipality, or other political subdivision of a state that have been refunded and that, on the date the Commissioners Court adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of the Bonds, are rated as to investment quality by a nationally recognized investment rating firm no less than "AAA" or its equivalent and (iv) any other then authorized securities or obligations under applicable State law that may be used to defease obligations such as the Bonds.
Covenant Defeasance Option is defined in Section 4.01(b) of the Indenture.
Legal Defeasance Option is defined in Section 4.01(b) of the Indenture.
Defeasance has the meaning specified in Section 1302.
Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.
Redemption Payment Date As defined in Section 13.1.
Bond Payment Date means any date on which principal of or interest on any Bond is payable.
Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).
Special Payment Date means each Distribution Date with respect to the Early Amortization Period.
Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.
Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.