District Bonds definition

District Bonds shall have the meaning set forth in Section 7.2.

District Bonds means any bonds, certificates of participation, securities or other obligations issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, debt in the form of a loan, certificates of participation, or securities issued or incurred by the District to refund any such Bonds, or any related obligations to reimburse the provider of a guaranty, insurance policy, liquidity instrument or credit enhancement for the District Bonds. Notwithstanding the foregoing or any provision to the contrary contained herein, District Bonds shall not include any obligation by the District to reimburse the Developer for Developer Advances pursuant to reimbursement agreements or similar agreements between the Developer and the District regarding such matters.

District Bonds means collectively, one or more series of limited tax obligation bonds which are issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, other financial obligations or securities issued by the District to refund the District Bonds, but specifically exclusive of any Reimbursement Agreement entered into between the Developer and the District. Notwithstanding the foregoing, or any other provision to the contrary contained herein, District Bonds shall not be refinanced without the written consent of the Town.

Examples of District Bonds in a sentence

• Subject to the provisions of this Article III, the definitive terms of the Loan and the School District Bonds shall be as set forth in the Notice of Terms (a form of which is attached hereto as Exhibit I) delivered by the Authority to the School District.

• Pursuant to Section 3.6 and as evidence of the Loan made to the School District, the School District hereby agrees to issue to or upon the order of the Authority, and to deliver to or upon the order of the Authority, the School District Bonds in an aggregate principal amount of up to the Principal Amount, bearing interest at rates not exceeding the Maximum Rate and expected to mature at the times and in the amounts set forth in Exhibit D hereto.

• The School District shall not file a Form 8038-G (or similar information reporting form) with the Internal Revenue Service with respect to the School District Bonds.

• The School District shall pay all costs and expenses of the Authority in effecting the redemption of any Authority Bonds prior to maturity that are so redeemed due to the redemption prior to maturity of any School District Bonds, including any difference in the amount of interest due on the School District Bonds and the amount of interest due on the Authority Bonds.

• The terms of the School District Bonds issued by the School District to evidence its obligation to repay the Loan are to be as set forth in this Financing Agreement and in the Notice of Terms.

More Definitions of District Bonds

District Bonds means the sales tax revenue bonds issued by or on behalf of the District under a Trust Indenture and in accordance with this Agreement. The form of District Bonds shall be attached to and incorporated as part of a Trust Indenture.

District Bonds shall have the meaning ascribed to such term in Section 4.1 hereof.

District Bonds have the definition set forth in the preambles of this Agreement. “Escrow Fund” means the fund by that name as created in Section 4 herein.

District Bonds means Bonds owned by or held for the account of the District.

District Bonds means all bonds, including refunding bonds, of the District heretofore or hereafter issued pursuant to voter-approved measures of the District, including bonds approved by the voters of the District pursuant to Measure C (approved by the voters at an election duly called and regularly held in the District on November 8, 1994, authorizing the issuance of $169,730,000 in bonds), Measure A (approved by the voters at an election duly called and regularly held in the District on March 7, 2000, authorizing the issuance of

District Bonds means, collectively, one or more series of bonds or other evidences of indebtedness, which may be in the form of a note, loan, or other financial obligation identified as a District Bond, issued or incurred by the District to finance or refinance the Eligible Costs in accordance with the terms and provisions of this Agreement, including any bonds, notes, loans, or other financial obligations issued by the District to refund District Bonds. The definition of District Bonds shall not include any Reimbursement Agreement entered into between the Developer and the District.

District Bonds means collectively the 1993 Bonds and the Additional Bonds, if any.