STAR bond definition

STAR bond means a sales tax and revenue bond, note, or
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STAR bond means a sales tax and revenue bond, note, or other obligation payable from pledged STAR revenues and issued by a political subdivision, the proceeds of which shall be used only to pay project costs as defined in this Act.
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STAR bond means a sales tax and revenue bond.
Sample 1Sample 2Sample 3

Examples of STAR bond in a sentence

  • If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, the Issuer or the owners of a majority of the STAR Bond Obligation (if an event of default hereunder has occurred and is continuing), by an instrument or concurrent instruments in writing delivered to the Issuer and the retiring Trustee, shall promptly appoint a successor Trustee.

  • In addition, until such time as the conditions for release of moneys from the Escrowed Project Costs Fund to the Project Fund set forth under the definition of Escrow Release Conditions – 100% Release have been satisfied in full, any Individual Accredited Investor purchasing any Series 2012 STAR Bond must deliver, or cause to be delivered, to the Trustee a duly executed investor's letter substantially in the form set forth in Exhibit F to this Indenture.

  • The Trustee upon its receipt of a STAR Bond or Bonds for cancellation shall cause the delivery of STAR Bonds to the successor Securities Depository in appropriate denominations and form as provided herein.

  • In addition, the Issuer has agreed, pursuant to the Issuer Continuing Disclosure Agreement, to cause notice to be given as provided therein at such time as the Escrow Release Conditions – 100% Release have been satisfied and that investor letters are no longer required from any Individual Accredited Investor purchasing a Series 2012 STAR Bond.

  • If any STAR Bond called for redemption shall not be so paid upon surrender thereof for redemption, or as otherwise provided under Section 3.08 in lieu of surrender, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the STAR Bond.

  • After the Escrow Release Conditions - 100% Release have been satisfied in full, no investor letter shall be required from any Individual Accredited Investor purchasing a Series 2012 STAR Bond.

  • No STAR Bond shall be authenticated in lieu of or in exchange for any STAR Bond cancelled as provided in this Section, except as expressly provided by this Indenture.

  • Upon surrender of any such STAR Bond for redemption in accordance with said notice, such STAR Bond shall be paid by the Issuer at the Redemption Price.

  • Any STAR Bond may be signed by such persons as at the actual time of the execution of such STAR Bond shall be the proper officers to sign such STAR Bond although at the date of such STAR Bond such persons may not have been such officers.

  • The Trustee shall give such notice as it may deem appropriate of the deposit with it of any such moneys and of the fixing of any such date, and shall not be required to make payment to the owner of any unpaid Bond until such STAR Bond shall be presented to the Trustee for appropriate endorsement or for cancellation if fully paid.


More Definitions of STAR bond

STAR bond or “STAR Bonds” means the Series 2012 STAR Bonds and any Additional STAR Bonds issued pursuant to Section 2.03 of the Indenture.
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STAR bond means Kansas sales tax revenue bond.
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Related to STAR bond

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Initial Bond means any Bond issued on the First Issue Date. “Initial Bond Issue” has the meaning set forth in Clause 2.1.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Corporate Bonds means a debt obligation of a United States-chartered corporation with a maturity date greater than 270 days, which may be interest-bearing or discount-purchased.

  • Series 2015 Bonds means, collectively, the Series 2015B Bonds, Series 2015C Bonds and Series 2015D Bonds.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied