Municipal Obligation definition

Municipal Obligation means municipal securities as described in the prospectus or other offering document for a Series.

Municipal Obligation means a bond or note or evidence of debt issued by a governmental unit for a purpose authorized by law. A municipal obligation includes loan repayment obligations from a school district to this state with respect to a qualified loan made under a school loan act that is assigned or otherwise transferred by this state to the authority. A municipal obligation includes an emergency loan board loan that is assigned or otherwise transferred by this state to the authority.

Municipal Obligation means the local government municipal obligation to be delivered by the City to the Michigan Finance Authority in accordance with the UTGO Settlement and applicable law.

Examples of Municipal Obligation in a sentence

• Fixed Income Investment Grade Corporate Obligation $250,000 State or Foreign Obligation $250,000 Municipal Obligation $250,000 High Yield Corporate Obligation $100,000 State or Foreign Obligation $100,000 Municipal Obligation $100,000 An open order or executed trade in any equity Covered Security for which an average daily volume cannot be determined shall trigger a blackout period.

• The Minimum Municipal Obligation (MMO) is the amount calculated each year that is required to be deposited into each pension plan.

• That threshold shall be defined by asset type, as follows:Covered Security Equity Fixed Income Investment Grade Corporate Obligation State or Foreign Obligation Municipal Obligation High Yield Corporate Obligation State or Foreign Obligation Municipal Obligation An open order or executed trade in any equity Covered Security for which an average daily volume cannot be determined shall trigger a blackout period.

• The Actuary, in accordance with the Act, shall determine the Minimum Municipal Obligation of the Employer.

• Notwithstanding the foregoing, nothing contained herein shall preclude the Employer from contributing an amount in excess of the Minimum Municipal Obligation.

More Definitions of Municipal Obligation

Municipal Obligation means any obligation the interest on which is exempt from regular Federal income taxation and which is issued by any of the fifty United States, the District of Columbia or any of the territories of the United States, their subdivisions, counties, cities, towns, villages, school districts and agencies (including authorities and special districts created by the states), and federally sponsored agencies such as local housing authorities. Notwithstanding the foregoing limitations:

Municipal Obligation means any "Municipal Instrument" as defined in the Trust's registration statement on Form N-2 as filed with the Securities and Exchange Commission on August 6, 2008 (the "Registration Statement").

Municipal Obligation means a full faith and credit obligation of any state or territory of the United States of America, any political subdivision of any state or territory of the United States of America, or any agency, authority, public benefit corporation or instrumentality of such state, territory or political subdivision.

Municipal Obligation means an obligation of any state or territory of the United States of America, any political subdivision of any state or territory of the United States of America, or any agency, authority, public benefit corporation or instrumentality of such state, territory or political subdivision including those of any state of the United States of America, any political subdivision of any state of the United States of America, or any agency, or authority thereof, that at the time of purchase is in one of the two highest long-term rating categories by at least two Rating Agencies, without regard to gradations within the rating

Municipal Obligation means municipal securities as described under the heading "Portfolio Composition" in the prospectus or other offering document for a Series of VMTP Shares.

Municipal Obligation means an obliga- tion of:

Municipal Obligation means a bond or note or evidence of debt issued by a governmental unit for a purpose authorized by law.