State Bonds definition

State Bonds means those general obligation bonds issued by the State of Oregon to meet its obligations under the state guaranty as described in ORS 328.351.

Examples of State Bonds in a sentence

  • Project Bonds shall be redeemed or purchased on a pro rata basis between the State Bonds and City Bonds.

  • The State agrees to cooperate in connection with the issuance of the State Bonds and to execute documentation necessary or appropriate to cause the issuance of the State Bonds.

  • The first such request will be submitted and appropriated under applicable law for the Fiscal Year of the State necessary for the first payment due on the State Bonds.

  • Under the State Indenture, the Authority will, as additional security for the State Bonds, assign, transfer, pledge and grant a security interest to the Trustee in the State Payments and other moneys received by the Authority hereunder and directed to be deposited by the Authority with the Trustee under the State Indenture (the “State Obligations”).

  • The County covenants for the benefit of the State and the owners of the State Bonds that it shall comply with all provisions of the Code which are required for interest on the State Bonds to be excluded from gross income for federal taxation purposes.


More Definitions of State Bonds

State Bonds means any Authority Bonds supported by the State Obligations issued hereafter pursuant to a State Indenture.
State Bonds means State of New Jersey general obligation bonds authorized by the Bond Act and the related bond proceedings of the State, together with any refunding bonds executed and delivered pursuant thereto.
State Bonds means “bonds” as defined in ORS 286A.001 that are issued by the State Treasurer.
State Bonds means those general obligation bonds issued by the State of Oregon to meet
State Bonds means the fully registered Series 2008 Bonds issued in substantially the form set forth in Exhibit “B” in the denominations equal to the aggregate principal amount of the Series 2008 Bonds.
State Bonds means “bonds” as defined in ORS 286A.001 that are issued by the State Treas- urer.
State Bonds means the Oregon Constitution Article XI-Q general obligation bonds, issued by the State on March 31, 2015, to provide Phase I State Funds for the Project; any Article XI-Q general obligation bonds or other obligations subsequently authorized and issued by the State for the Project, including Phase II State Funds to be realized from the sale of Article XI-Q bonds in 2017; Phase III State Funds that may be realized from the sale of Article XI-Q bonds in 2018 or subsequent years; and any bonds or other obligations issued by the State to refinance the State Bonds.