Payment of the Bonds definition

Payment of the Bonds means payment of (i) the principal of and interest on the Bonds in accordance with their terms whether through payment at maturity, upon acceleration or prepayment, (ii) all amounts due as Administrative Expenses or otherwise, and (iii) any and all other liabilities and obligations arising under the Indenture and this Loan Agreement; in any case, in such a manner that all such amounts due and owing with respect to the Bonds shall have been paid.

Payment of the Bonds means payment of the principal of and premium, if any, and interest on all or a portion of the Bonds in accordance with their terms, whether through payment at maturity or purchase or redemption or provision for such payment in such a manner that such Bonds or such portion shall be deemed to have been paid under the second paragraph of Section 1301 of this Trust Agreement.

Payment of the Bonds means payment in full of the principal of, premium, if any, and interest on all Bonds and all fees necessary to provide for the discharge of the Indenture or provision for such payment to discharge the Indenture as provided therein.

Examples of Payment of the Bonds in a sentence

• Any amounts remaining in the Bond Fund, or otherwise in trust with the Bond Trustee under the Bond Indenture or under this Agreement shall, after Payment of the Bonds and of all Administrative Expenses in accordance with this Agreement, belong to and be paid to the College by the Bond Trustee in accordance with the provisions of Section 1301 of the Bond Indenture.

• Said prepayment shall be made by the College taking, or causing the Agency to take, the actions required (i) for Payment of the Bonds, whether by redemption prior to maturity or by payment at maturity or (ii) to effect the purchase, redemption or payment at maturity of less than all of the Bonds according to their terms.

• Any amounts collected pursuant to action taken under Section 7.02 shall be paid to the Bond Trustee for deposit in the Bond Fund and applied in accordance with the provisions of the Bond Indenture, or, if Payment of the Bonds shall have been made, shall be applied according to the provisions of Section 9.17.

• Subsequent to the issuance of the Bonds and prior to Payment of the Bonds, this Agreement and the Bond Indenture may not be effectively amended, changed, modified, altered or terminated except in accordance with the Bond Indenture.

• The Lease Term for the Leased Premises will commence on the date of issuance and delivery of the Series 2021 Bonds by the Authority and, unless sooner terminated in accordance with this Financing Lease or pursuant to the exercise by the City of its purchase option pursuant to Section 5.11, terminate at the earlier of (i) December 1, 2053 (provided that all Rental Payments due hereunder have been paid on such date) or (ii) Payment of the Bonds.

More Definitions of Payment of the Bonds

Payment of the Bonds means payment of (i) the principal of and interest on the Bonds in accordance with their terms whether through payment at maturity, upon acceleration or prepayment, (ii) all amounts due as Administrative Expenses or otherwise, and (iii) any and all other liabilities and obligations arising under the Indenture and this Loan Agreement; in any case, payment in such a manner that all such amounts due and owing with respect to the Bonds shall have been paid.

Payment of the Bonds means payment in full of the principal of, interest on and redemption price of the Bonds in accordance with their terms and the provisions of this Indenture and payment of all fees and expenses of the Issuer, the Purchaser and the Depositary payable by the Company under this Indenture, the Agreement or the Bond Purchase Agreement.

Payment of the Bonds means payment in full of the principal of and interest on the Bonds in accordance with their terms and the provisions of this Indenture and payment of all fees and expenses of the Issuer and the Depositary payable by the Company under this Indenture, the Lease or the Purchase Agreement.

Payment of the Bonds means payment of the entire principal of and premium, if any, and interest on all or a portion of the Bonds in accordance with their terms, whether through payment at maturity, upon acceleration, redemption or provision for such payment in such a manner that such Bonds or such portion shall be deemed to have been paid under Article XIII of the Trust Agreement.

Payment of the Bonds means payment of the principal of and interest on all the Bonds in accordance with their terms, whether through payment at maturity or purchase and cancellation or redemption or provision for such payment in such a manner that the Bonds shall be deemed to have been paid under Sections 1301 of the Trust Agreement.

Payment of the Bonds full payment of the principal of, and premium, if any, and interest on all the Bonds in accordance with their terms, whether through payment at maturity, upon acceleration or redemption or provision for such payment in such a manner that the Bonds shall be deemed to have been paid under Article XIII of the Trust Agreement.

Payment of the Bonds means payment in full of the Series 2021 Bond and the making in full of all other Required Payments due and payable at the time of such payment.