CONDITIONS AND TERMS OF BONDS Sample Clauses

CONDITIONS AND TERMS OF BONDS. 12 Section 3.01. Authorization and Issuance of Bonds; Dating 12 Section 3.02. Interest on the Bonds 12 Section 3.03. Changes to and from Auction Mode Rate Determination Method 19 Section 3.04. Undelivered Bonds 21 Section 3.05. Form of Bonds 22 Section 3.06. Execution and Authentication of Bonds 22 Section 3.07. Transfer and Exchange of Bonds 23 Section 3.08. Registration Books 23 Section 3.09. Temporary Bonds 23 Section 3.10. Bond Mutilated, Destroyed, Lost or Stolen 23 Section 3.11. Safekeeping and Cancellation of Bonds 24 Section 3.12. Special Agreement with Bondholders 24 Section 3.13. CUSIP Numbers 24 ARTICLE IV REDEMPTION, MANDATORY TENDER AND REMARKETING 25 Section 4.01. Redemption 25 Section 4.02. Optional Redemption Dates 26 Section 4.03. Selection of Bonds to Be Redeemed 26 Section 4.04. Redemption Notices 27 Section 4.05. Bonds Redeemed in Part 28 Section 4.06. Mandatory Tender 28 TABLE OF CONTENTS (continued) Page Section 4.07. Source of Funds for Purchase of Bonds 30 Section 4.08. Delivery of Bonds 30 Section 4.09. No Purchase or Sale after Event of Default 31 Section 4.10. Purchase Fund 31 Section 4.11. Disposition of Purchased Bonds 31 Section 4.12. Purchase of Bonds in Lieu of Redemption 33 ARTICLE V FUNDS AND ACCOUNTS 33 Section 5.01. Application of Proceeds 33 Section 5.02. Bond Fund 33 Section 5.03. First Mortgage Bond Fund 34 Section 5.04. Payment of Bonds 35 Section 5.05. Payments by the Company 35 Section 5.06. Moneys Held in Trust; Unclaimed Funds 36 Section 5.07. Refunding Fund; Notice to Redeem Refunded Bonds 37 Section 5.08. Investments 37 ARTICLE VI BOOK-ENTRY SYSTEM 37 Section 6.01. Book-Entry System 37 ARTICLE VII THE PROJECT 39 Section 7.01. Maintenance and Modifications of Project by Company 39 Section 7.02. Removal of Portions of the Project 39 Section 7.03. Assignment, Leasing and Sale by the Company 39 ARTICLE VIII THE COMPANY 40 Section 8.01. Representations by the Company 40 Section 8.02. Access to the Project 41 Section 8.03. Company May Consolidate, Etc., Only on Certain Terms 41 Section 8.04. Indemnification Covenants 41 Section 8.05. Consent to Assignment of Contract Rights by the Authority 42 Section 8.06. Obligations of Company Hereunder Unconditional 42 Section 8.07. Arbitrage Bonds 43 TABLE OF CONTENTS (continued) Page ARTICLE IX THE AUTHORITY 43 Section 9.01. Representations by the Authority 43 Section 9.02. No Warranty of Condition or Suitability by the Authority 43 Section 9.03. Payment of Principal, Premium a...
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CONDITIONS AND TERMS OF BONDS. Section 2.01 Authorization and Purpose of Bonds; Preparation of Bonds 14 Section 2.02 Denominations; Dating 15
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CONDITIONS AND TERMS OF BONDS 
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Related to CONDITIONS AND TERMS OF BONDS

  • Definitions and Terms Section 1.1

  • Issuance and Terms of Equipment Notes The Equipment Notes shall be dated the date of issuance thereof, shall be issued in three separate series consisting of Series A, Series B and Series C and in the maturities and principal amounts and shall bear interest as specified in Schedule I hereto. On the date of the consummation of the Transactions, each Equipment Note shall be issued to the Subordination Agent on behalf of the Pass Through Trustees under the Pass Through Trust Agreements. The Equipment Notes shall be issued in registered form only. The Equipment Notes shall be issued in denominations of $1,000 and integral multiples thereof, except that one Equipment Note of each Series may be in an amount that is not an integral multiple of $1,000. Each Equipment Note shall bear interest at the Debt Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on the unpaid Original Amount thereof from time to time outstanding, payable in arrears on April 1, 1998, and on each October 1 and April 1 thereafter until maturity. The Original Amount of each Equipment Note shall be payable on the dates and in the installments equal to the corresponding percentage of the Original Amount as set forth in Schedule I hereto which shall be attached as Schedule I to the Equipment Notes. Notwithstanding the foregoing, the final payment made under each Equipment Note shall be in an amount sufficient to discharge in full the unpaid Original Amount and all accrued and unpaid interest on, and any other amounts due under, such Equipment Note. Each Equipment Note shall bear interest at the Payment Due Rate (calculated on the basis of a year of 360 days comprised of twelve 30-day months) on any part of the Original Amount, Make-Whole Amount, if any, and, to the extent permitted by applicable Law, interest and any other amounts payable thereunder not paid when due for any period during which the same shall be overdue, in each case for the period the same is overdue. Amounts shall be overdue if not paid when due (whether at stated maturity, by acceleration or otherwise). Notwithstanding anything to the contrary contained herein, if any date on which a payment under any Equipment Note becomes due and payable is not a Business Day then such payment shall not be made on such scheduled date but shall be made on the next succeeding Business Day and if such payment is made on such next succeeding Business Day, no interest shall accrue on the amount of such payment during such extension.

  • Loan and Terms of Payment For value received, Borrower promises to pay to the order of Bank such amount, as provided for below, together with interest, as provided for below.

  • Loans and Terms of Payment 4 2.1. Revolving Loans. 4

  • Terms of Notes The following terms relating to the Notes are hereby established:

  • Amounts and Terms of Commitments Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans to the Borrowers from time to time on any Business Day during the period from the Refinancing Date to the Commitment Termination Date equal to its Pro Rata Share of the aggregate amount of the Borrowing requested by a Borrower to be made on such day. The Commitment of each Bank and the outstanding principal amount of Loans made by each Bank hereunder shall not exceed at any time the aggregate amount set forth on Schedule II (such amount as the same may be reduced under Section 2.5 or as a result of one or more assignments as permitted herein pursuant to Section 3.7 and Section 9.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the Commitment Amount; and provided, further, that the aggregate principal amount of all Loans outstanding from time to time to a Borrower shall not exceed the Borrowing Base for the relevant Borrower. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, a Borrower may borrow under this Section 2.1, repay under the terms hereof and reborrow under this Section 2.1.

  • Form, Dating and Terms (a) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is unlimited. The Initial Notes issued on the date hereof will be in an aggregate principal amount of $600,000,000. In addition, the Issuer may issue, from time to time in accordance with the provisions of this Indenture, Additional Notes (as provided herein). Furthermore, Notes may be authenticated and delivered upon registration of transfer, exchange or in lieu of, other Notes pursuant to Sections 2.2, 2.6, 2.8, 2.10, 5.5 or 9.5, in connection with an Asset Disposition Offer pursuant to Section 3.5 or in connection with a Change of Control Offer pursuant to Section 3.9. Notwithstanding anything to the contrary contained herein, the Issuer may not issue any Additional Notes, unless such issuance is in compliance with Section 3.2. With respect to any Additional Notes, the Issuer shall set forth in (i) an Officer’s Certificate and (ii) one or more indentures supplemental hereto, the following information:

  • Amounts and Terms of the Purchases Section 1.1.

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