Examples of Authorized Denominations in a sentence
The Certificates with a Principal Payment Date of , 20 are subject to mandatory prepayment prior to their stated Principal Payment Date, in part in Authorized Denominations, from State Payments on the Principal Payment Dates on and after , 20 , in the amount of the Principal Component evidenced and represented thereby being prepaid, plus accrued interest evidenced and represented thereby to the Prepayment Date, without premium, as follows: Mandatory Prepayment Date Principal Component *Final Maturity.
The Series 2012 STAR Bonds shall be issuable in Authorized Denominations.
STAR Bonds may be redeemed only in Authorized Denominations or, with respect to any Additional STAR Bonds, in such other principal amount as shall be specified in the Supplemental Indenture authorizing such Additional STAR Bonds; provided that STAR Bonds to be redeemed pursuant to Section 3.02(b) hereof shall be redeemed in increments of $5,000.
In the absence of any such provision with respect to the STAR Bonds of any particular series, the STAR Bonds of each such series shall be in Authorized Denominations.
If the owner of any such STAR Bond shall fail to present such STAR Bond to the Trustee for payment and exchange as aforesaid, said Bond shall, nevertheless, become due and payable on the Redemption Date to the extent of minimum Authorized Denominations, called for redemption (and to that extent only).