Designation of Bonds to Be Redeemed Sample Clauses

Designation of Bonds to Be Redeemed. The option of the State to redeem Bonds shall be evidenced by a Direction of the State delivered to the Fiscal Agent at least 60 days prior to the redemption date (or such shorter period as shall be acceptable to the Fiscal Agent) specifying the redemption date, the issue and Issue Date of Bonds to be redeemed. The Bonds to be redeemed shall be deemed to have been designated for redemption upon the receipt by the Fiscal Agent of such Direction of the State. No such Direction of the State may be revoked after the first mailing of notice of redemption pursuant to Section 5.4.
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Designation of Bonds to Be Redeemed. The option of the State to redeem Bonds shall be evidenced by a Direction of the State delivered to the Fiscal Agent at least 90 days prior to the redemption date (or such shorter period as shall be acceptable to the Fiscal Agent) specifying the redemption date, the issue and Issue Date of Bonds to be redeemed. The Bonds to be redeemed shall be deemed to have been designated for redemption upon the receipt by the Fiscal Agent of such Direction of the

Related to Designation of Bonds to Be Redeemed

  • Selection by Trustee of Securities to Be Redeemed If less than all the Securities of any series issued on the same day with the same terms are to be redeemed, the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series issued on such date with the same terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any integral multiple thereof) of the principal amount of Securities of such series of a denomination larger than the minimum authorized denomination for Securities of that series. The Trustee shall promptly notify the Company and the Security Registrar (if other than itself) in writing of the Securities selected for redemption and, in the case of any Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Security which has been or is to be redeemed.

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