District Obligations definition

District Obligations means bonds, notes, or other evidence of obligation including interest coupons pertaining thereto, issued to finance a qualified project by a transportation improvement district created pursuant to section 5540.02 of the Revised Code, of which the principal, including mandatory sinking fund requirements for retirement of such obligations, and interest and redemption premium, if any, are payable by the department of transportation.
District Obligations means the Bonds and the Subordinate

Examples of District Obligations in a sentence

  • Additional District Obligations may also be issued from time to time, subject to the limitations of the District Indenture, for the purpose of financing and/or refinancing the Project.

  • UIPA hereby assigns to the District all of its right, title and interest in and to the UIPA Pledged Revenues and pledges the same to the District for the purpose of paying and securing the Series 2021 Bonds and any other District Obligations.

  • The District hereby acknowledges and agrees that the completion of the Project provides benefits to the District’s property owners and taxpayers, and in consideration of the issuance of the Series 2021 Bonds by UIPA for purposes of financing the Project, the UIPA agrees to pay the UIPA Pledged Revenues to the District exclusively for the purpose of paying and securing the Series 2021 Bonds and any additional District Obligations.

  • This Agreement shall become effective on the Effective Date and shall remain in effect until the Agreement Termination Date unless earlier terminated pursuant to mutual written agreement of UIPA and the District; provided, however, that if any District Obligations are Outstanding, any such earlier termination of this Agreement shall be subject to the applicable provisions of all Indenture then in effect.

  • The District hereby directs the Paying Agent to comply with the provisions of Section 22-41-110, C.R.S., and the State Treasurer’s Policy Concerning the Timely Payment of School District Obligations in order to assure that the principal of and interest on the Bonds are paid when due.


More Definitions of District Obligations

District Obligations means, without limitation, (i) all outstanding Bonds of the District,
District Obligations means, collectively, (a) the Series 2021 Bonds and (b) any bonds issued to refund all or any portion of the Series 2021 Bonds.][Discuss Additional Bonds]
District Obligations means any District Bonds, District Notes or other obligations issued by or on behalf of the District to finance or refinance Reimbursable Project Costs.
District Obligations means notes, bonds or other obligations issued by or on behalf of the District to finance District Project Costs.
District Obligations means bonds, notes, or other evidence of obligation including interest coupons pertaining thereto, issued to finance a qualified project by a transportation improvement district created pursuant to section
District Obligations means, collectively, all of the following, to the extent issued to finance or refinance the Project: (a) the Series 2019A Senior Bonds; (b) the Series 2019B(3) Subordinate Bonds; (c) any Additional Senior Obligations; and (d) any Additional Subordinate Obligations.
District Obligations means any bonds or notes, singly or in series, issued by or on behalf of the District pursuant to the CID Act.