Redemption
The repayment of bonds prior to their maturity date.
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Extraordinary Mandatory Redemption
A Redemption of Bonds in the case of certain unexpected or one-time events occurring with respect to the Bonds or the project financed with the proceeds of the Bonds. These events are listed in the Bond and/or the Indenture or Bond Resolution and may include destruction of the project, excess Bond proceeds over the cost of the project, inability to obtain required permits and approvals or a determination that the Interest on the Tax-Exempt Bonds is no longer excludable from federal income tax.
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Disclosure Counsel
An attorney or firm of attorneys engaged to assist with understanding and satisfying disclosure responsibilities of an Issuer, both in connection with primary offerings of bonds and in determining whether (and if so, how) to provide secondary market disclosure.