Redemption of the Bonds Sample Clauses

Redemption of the Bonds. To exercise an option granted to the Company by this Article VII, the Company shall give written notice to the Issuer, the Trustee and the Bank, which notice shall specify therein the date upon which prepayment of the Note (or a portion thereof) will be made, which date shall be not less than forty-five (45) days from the date the notice is mailed, except in the case of Section 7.1, Section 7.4 or Section 7.5 hereof, and shall specify that all of the principal amount of the Note or a specified portion thereof is to be so prepaid. The Issuer has directed the Trustee to take forthwith all steps (other than the payment of the money required to redeem the Bonds) necessary under the applicable provisions of the Indenture to effect the redemption of the Bonds (or a portion thereof) in amounts equal to the amount of the principal of the Note so prepaid as provided in this Article VII.
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Redemption of the Bonds. The Bonds shall be subject to redemption prior to maturity under the circumstances, in the manner and subject to the conditions provided in this section, in Article IV and V and in the form of Bonds. Whenever Bonds are called for redemption, the accrued interest thereon shall become due on the redemption date. Transfers and payments for the purpose of redeeming Bonds under this Agreement shall be made on behalf of the Authority, and the Authority hereby consents to any redemption of Bonds in accordance herewith. Except as otherwise provided in Subsection 301(d), if less than all of the Bonds are to be redeemed, the Bonds to be redeemed shall be selected by the Trustee by lot or in any customary manner as determined by the Trustee provided that the Trustee shall redeem prior to any other Bonds (i) Bonds that are Liquidity Provider Bonds at the time of selection for redemption and (ii) after the redemption of such Liquidity Provider Bonds, Bonds that are Company Bonds at the time of selection for redemption.
Redemption of the Bonds. The Bonds shall be subject to redemption prior to maturity under the circumstances, in the manner and subject to the conditions provided in this section and in the form of Bonds. Whenever Bonds are called for redemption, the accrued interest thereon shall become due on the redemption date. Transfers and payments for the purpose of redeeming Bonds under this Agreement shall be made on behalf of the Authority, and the Authority hereby consents to any redemption of Bonds in accordance herewith. Except as otherwise provided in Subsection 301(e), if less than all of the Bonds are to be redeemed, the Bonds to be redeemed shall be selected by the Trustee by lot or in any customary manner as determined by the Trustee. For this purpose each $5,000 portion of a Bond shall be treated as a separate Bond.
Redemption of the Bonds. 2.1 The Original Deed Poll shall be amended by inserting the following as a new Condition 9(k):
Redemption of the Bonds. The Bonds shall be subject to redemption in denominations of $5,000 or multiples thereof prior to maturity under the circumstances, in the manner and subject to the conditions provided in this section and in the form of Bonds. Whenever Bonds of a series are called for redemption, the accrued interest on that series shall become due on the redemption date. If less than all of the Bonds of a series are to be called for optional or extraordinary optional redemption, the Bonds to be redeemed shall be redeemed in the maturities designated in an Officer's Certificate, and if less than an entire maturity is redeemed, whether by mandatory, optional or extraordinary optional redemption, the Bonds to be redeemed within such maturity will be selected by the Trustee by lot or in any customary manner as determined by the Trustee.
Redemption of the Bonds. The Bonds shall not, either individually or collectively, be subject to mandatory or optional redemption by the Issuer or any other Person after the issuance thereof.
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Redemption of the Bonds. (a) Extraordinary Redemption Without Premium. To the extent moneys are ---------------------------------------- transferred to the Bond Fund pursuant to Section 403 or 408 or pursuant to the provisions of the Reimbursement Agreement or any related documents between the Borrower and the Bank relating to proceeds of the sale, lease or other disposition of the Project (or a portion thereof) or receipt of certain insurance or eminent domain proceedings relating to all or a portion of the Project, the Borrower shall promptly direct the Trustee in writing to draw on the Credit Facility to redeem Bonds in whole or in part on any date within 60 days at a redemption price of 100% of the principal amount of the Bonds redeemed, plus accrued interest to the redemption date, and such moneys in the Bond Fund (and earnings thereon) shall be used to reimburse the Bank for moneys drawn on the Credit Facility, but only for payments of principal. If the amount so transferred in any one calendar year is less than $100,000, the Trustee may, and upon written direction of the Borrower shall, apply it to reimburse the Bank for drawings on the Credit Facility for regularly scheduled payments of principal instead of calling Bonds for redemption.
Redemption of the Bonds. To perform an obligation imposed upon the Company or to exercise an option granted to the Company by this Article VII, the Company shall give written notice to the Issuer, the Trustee and the Bank which notice shall specify therein the date upon which prepayment of the Note (or a portion thereof) will be made, which date shall be not less than thirty (30) days from the date the notice is mailed, and shall specify that all of the principal amount of the Note or a specified portion thereof is to be so prepaid. On or before the date such notice is given to the Bank, the Company shall obtain the consent of the Bank to such redemption required by Section 5.4 of the Reimbursement Agreement or any similar provision of any subsequent Reimbursement Agreement, The Issuer will direct the Trustee to take forthwith all steps (other than the payment of the money required to redeem the Bonds) necessary under the applicable provisions of the Indenture to effect the redemption of the Bonds (or a portion thereof) in amounts equal to the amount of the principal of the Note so prepaid as provided in this Article VII.
Redemption of the Bonds. Extraordinary Optional Redemption from Insurance and Condemnation Proceeds. The Series 2018A Bonds are subject to redemption prior to their stated maturity, at the option of the Corporation, as a whole or in part on any date from moneys required to be transferred from the Insurance Proceeds and Condemnation Awards Fund to the Special Redemption Account at a redemption price equal to the principal amount thereof together with interest accrued thereon to the date fixed for redemption, without premium.
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