Industrial Development Bonds definition

Industrial Development Bonds means obligations issued by a State, a Commonwealth, a Territory or a possession of the United States of America, or any political subdivision of any of the foregoing, or the District of Columbia, the interest on which is excludable from gross income of the holders thereof pursuant to the provisions of Section 103(a) of the Internal Revenue Code of 1986, as amended (or any similar provision), as in effect at the time of the issuance of such obligations.

Industrial Development Bonds means obligations issued or guaranteed by, or supported by the full faith and credit of, a State, a Commonwealth, a Territory, or a possession of the United States of America, or any political subdivision or governmental authority of any of the foregoing, or the District of Columbia.

Industrial Development Bonds means any bond issued by or on behalf of a political subdivision the interest on which is excludable from gross income for federal income tax purposes on the date such obligations were issued.

Examples of Industrial Development Bonds in a sentence

• The City of Valdez, Alaska issued approximately $1.7 billion of Industrial Development Bonds (IDB's), from 1976 - 1986, to finance construction of the Trans Alaska Pipeline System.

• These Bonds were issued as Industrial Development Bonds, payable solely from Pledged Revenues, the Trust Estate, from payments made under the Guaranty and other amounts to be paid under the Loan Agreement.

• Loan agreement with the City of San Diego in connection with the issuance of $118.6 million of Industrial Development Bonds dated as of September 1, 1992 (Sept.

• Loan agreement with the City of San Diego in connection with the issuance of $70.8 million of Industrial Development Bonds 1993 Series A dated as of April 1, 1993 (March 31, 1993 SDG&E Form 10-Q Exhibit 10.3).

• Loan agreement with the City of Chula Vista in connection with the issuance of $250 million of Industrial Development Bonds, dated as of December 1, 1992 (1992 SDG&E Form 10-K Exhibit 10.5).

More Definitions of Industrial Development Bonds

Industrial Development Bonds means bonds specified in

Industrial Development Bonds means those certain 5.60% Industrial Development Bonds due June 1, 2014 and those certain 5.75% Industrial Development Bonds due November 1, 2013.

Industrial Development Bonds means nonrecourse revenue bonds issued under Article XXXII of the state Constitution.

Industrial Development Bonds means the Industrial Development Bonds issued by the Borrower and listed in Schedule 4.

Industrial Development Bonds means the bonds issued pursuant to that certain Indenture, dated October 1, 2002, by the city of Cedar City, Utah.

Industrial Development Bonds means the industrial development or pollution control revenue refunding bonds in the aggregate principal amount of $10,875,000 issued by certain political subdivisions pursuant to four separate Trust Indentures, dated November 1, 1988 and December 1, 1988.

Industrial Development Bonds means obligations issued or guaranteed by, or supported by the full faith and credit of, a State, a Commonwealth, a Territory or a possession of the United States of America, or any political subdivision or governmental authority of any of the foregoing, or the District of Columbia. "INITIAL PLACEMENT" has the meaning provided in the Registration Rights Agreement.