Common use of Details of the Bonds Clause in Contracts

Details of the Bonds. (i) The Bonds shall be issued upon the Authority's written request in fully registered form and shall be numbered from 1 upwards in the order of their issuance, or in any other manner deemed appropriate by the Paying Agent and the Authority. The Bonds shall be issuable as fully registered bonds without coupons in Authorized Denominations. (ii) Each Bond shall be dated December 1, 1996 and shall mature, subject to prior redemption, upon the terms and conditions hereinafter set forth, on the Maturity Date. Each Bond shall bear interest from the Interest Payment Date to which interest has been paid or duly provided for next preceding its date of authentication, unless (A) such date shall be prior to the first Interest Payment Date, in which case such Bond shall bear interest from December 1, 1996 or (B) such date of authentication shall be an Interest Payment Date to which interest on the Bonds has been paid in full or duly provided for, in which case such Bond shall bear interest from such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds shall be in default, Bonds issued in exchange for Bonds surrendered for transfer or exchange shall bear interest from the last date to which interest has been paid in full or duly provided for on the Bonds or, if no interest has been paid or duly provided for on the Bonds, from December 1, 1996. Each Bond shall bear interest on overdue principal. (iii) The Bonds shall be signed on behalf of the Authority by the manual or facsimile signature of the Chairman and the Secretary and the corporate seal of the Authority or a facsimile thereof shall be engraved or otherwise reproduced thereon. The authenticating certificate of the Paying Agent shall be manually signed on behalf of the Paying Agent as authenticating agent. (iv) In case any officer whose manual or facsimile signature shall appear on any Bond shall cease to be such officer before the delivery thereof, such manual or facsimile signature shall nevertheless be valid and sufficient for all purposes as if he or she had remained in office until after such delivery. (v) Subject to Subsection 301(c), the principal of, premium, if any, and interest on the Bonds shall be payable in any coin or currency of the United States of America which, at the respective dates of payment thereof, is legal tender for the payment of public and private debts, and such principal and premium, if any, shall be payable at the Principal Office of the Paying Agent, or its successor in trust. Payment of interest on any Interest Payment Date on any Bond shall be made to the Bondowner thereof as of the close of business on the Record Date immediately prior thereto and shall be made (A) by check or draft mailed on the Interest Payment Date to such Bondowner at his address as it appears on the registration books of the Authority or at such other address as is furnished the Registrar in writing by such Bondowner not later than the close of business on the Record Date immediately prior to an Interest Payment Date, or (B) except for interest in respect of a Long-Term Interest Rate Period, transmitted by wire transfer to the accounts with commercial banks located within the United States of America of those Bondowners which shall have provided wire transfer instructions to the Paying Agent prior to the close of business on such Record Date, but, in the case of interest payable in respect of a Short-Term Segment, only upon presentation of such Bond for exchange or transfer in accordance with the provisions hereof, except, in each case, that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the Bondowners in whose names any such Bonds are registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest.

Details of the Bonds. (i) The Bonds shall be issued upon the Authority's written request in fully registered form and shall be numbered from 1 upwards in the order of their issuance, issuance or in any other manner deemed appropriate by the Paying Agent and the Authority. The Bonds shall be issuable as fully registered bonds without coupons initially in the denomination of $25,000 or any integral multiple thereof prior to the Conversion Date and thereafter in Authorized Denominations. (ii) Each Bond Denominations as defined in Section 501. The Bonds shall be dated December 1the date of original delivery thereof, 1996 and interest shall mature, subject to prior redemption, upon the terms and conditions hereinafter set forth, accrue from that date. The interest on Bonds until they come due shall be payable on the Maturity Date. Each Bond shall bear interest from the Interest Payment Date to which interest has been paid or duly provided for next preceding its date of authentication, unless (A) such date shall be prior payment dates applicable to the first Interest Payment Date, in which case such Bond shall bear interest from December 1, 1996 or (B) such date of authentication shall be an Interest Payment Date to which interest on Mode the Bonds has been paid are in full or duly provided for, in which case such Bond shall bear interest from such date of authenticationtime to time; provided, however, that if, Liquidity Provider Bonds shall bear interest as shown by the records of the Trustee, interest on the described in Section 503. The Bonds shall be initially in default, Bonds issued in exchange for Bonds surrendered for transfer or exchange shall bear interest from the last date to which interest has been paid in full or duly provided for on the Bonds or, if no interest has been paid or duly provided for on the Bonds, from December 1, 1996Auction Rate Mode. Each Bond shall bear interest on overdue principal. (iii) The Bonds shall be signed on behalf of the Authority by the manual or facsimile signature of any two of the Chairman Chairman, Vice Chairman, Treasurer, and the Secretary Executive Director and the corporate seal of the Authority or a facsimile thereof shall be engraved or otherwise reproduced thereon. The authenticating certificate Certificate of Authentication of the Paying Agent Trustee shall be manually signed on behalf of the Paying Agent as authenticating agent. (iv) Trustee. No bonds shall be issued under this Agreement other than the Bonds. In case any officer of the Authority whose manual or facsimile signature shall appear on any Bond Bonds shall cease to be such officer before the delivery thereof, such manual or facsimile signature shall nevertheless be valid and sufficient for all purposes as if he or she had remained in office until after such delivery. (v) Subject to Subsection 301(c), the principal of, premium, if any, and interest on the . The Bonds shall be payable mature on May 1, 2021 and shall bear interest as provided in any coin or currency of this Agreement for the United States of America which, at the respective dates of payment thereof, is legal Mode they are in from time to time. The Bonds are subject to redemption and optional and mandatory tender for purchase all as described in Articles IV and V of this Agreement and the payment form of public and private debts, and such principal and premium, if any, shall be payable at the Principal Office of the Paying Agent, or its successor in trust. Payment of interest on any Interest Payment Date on any Bond shall be made to the Bondowner thereof as of the close of business on the Record Date immediately prior thereto and shall be made (A) by check or draft mailed on the Interest Payment Date to such Bondowner at his address as it appears on the registration books of the Authority or at such other address as is furnished the Registrar in writing by such Bondowner not later than the close of business on the Record Date immediately prior to an Interest Payment Date, or (B) except for interest in respect of a Long-Term Interest Rate Period, transmitted by wire transfer to the accounts with commercial banks located within the United States of America of those Bondowners which shall have provided wire transfer instructions to the Paying Agent prior to the close of business on such Record Date, but, in the case of interest payable in respect of a Short-Term Segment, only upon presentation of such Bond for exchange or transfer in accordance with the provisions hereof, except, in each case, that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the Bondowners in whose names any such Bonds are registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interestBonds.

Details of the Bonds. (i) The Bonds of each series shall be issued upon the Authority's ’s written request request, upon a resolution duly adopted by the Authority, in fully registered form and shall be numbered from 1 upwards in the order of their issuance, or in any other manner deemed appropriate by the Paying Agent and the Authority. The Bonds shall be issuable as fully registered bonds without coupons in Authorized Denominations. (ii) Each Bond shall be dated December 1, 1996 the date of original delivery thereof and shall mature, subject to prior redemption, upon the terms and conditions hereinafter set forth, on the Maturity Date. Each Bond shall bear interest from the Interest Payment Date to which interest has been paid or duly provided for next preceding its date of authentication, unless (A) such date shall be prior to the first Interest Payment Date, in which case such Bond shall bear interest from December 1, 1996 the date of first authentication and delivery of Bonds hereunder or (B) such date of authentication shall be an Interest Payment Date to which interest on the Bonds has been paid in full or duly provided for, in which case such Bond shall bear interest from such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds shall be in default, Bonds issued in exchange for Bonds surrendered for transfer or exchange shall bear interest from the last date to which interest has been paid in full or duly provided for on the Bonds or, if no interest has been paid or duly provided for on the Bonds, from December 1, 1996the date of the first authentication and delivery of Bonds hereunder. Each Bond shall bear interest on overdue principalprincipal and, to the extent permitted by law, on overdue interest at the rate borne by the Bonds on the date on which such principal or such interest became due and payable. (iii) The Bonds shall be signed on behalf of the Authority by the manual or facsimile signature of the Chairman and the Secretary and the corporate seal of the Authority or a facsimile thereof shall be engraved or otherwise reproduced thereon. The authenticating certificate of the Paying Agent shall be manually signed on behalf of the Paying Agent as authenticating agent. (iv) In case any officer whose manual or facsimile signature shall appear on any Bond shall cease to be such officer before the delivery thereof, such manual or facsimile signature shall nevertheless be valid and sufficient for all purposes as if he or she had remained in office until after such delivery. (v) Subject to Subsection 301(c), the The principal of, premium, if any, and interest on the Bonds shall be payable in any coin or currency of the United States of America which, at the respective dates of payment thereof, is legal tender for the payment of public and private debts, and such principal and premium, if any, shall be payable at the Principal Office of the Paying Agent, Agent or its successor in trust. Payment of interest on any Interest Payment Date on any Bond shall be made to the Bondowner thereof as of the close of business on the Record Date immediately prior thereto and shall be made (A) by check or draft mailed on the Interest Payment Date to such Bondowner at his address as it appears on the registration books of the Authority or at such other address as is furnished the Registrar Paying Agent in writing by such Bondowner not later than the close of business on the Record Date immediately prior to an Interest Payment Date, or (B) except for interest in respect of a Long-Term Interest Rate Period, transmitted by wire transfer in immediately available funds to the accounts with commercial banks located within the United States of America of those Bondowners holding Bonds of a series in the principal amount of not less than $1,000,000 and which shall have provided wire transfer instructions to the Paying Agent prior to the close of business on such Record Date, but, in the case of interest payable in respect of a Short-Term Segment, only upon presentation of such Bond for exchange or transfer in accordance with the provisions hereof, except, in each case, that, if and to the extent that there shall be a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the Bondowners in whose names any such Bonds are registered at the close of business on the fifth (5th) Business Day next preceding the date of payment of such defaulted interest. (vi) None of the Bonds issued under this Agreement, including the Series 2002 Bonds, nor any of the principal, premium, if any, and interest thereon shall be deemed to constitute a debt, liability or obligation of the State of Florida or any political subdivision, agency or instrumentality thereof, including, without limitation, the Authority and Hillsborough County. Neither the Authority, Hillsborough County nor the State of Florida or any political subdivision, agency or instrumentality thereof, shall be obligated to pay any Bond, or the principal, premium, if any, or interest thereon except from the payments from the Company, and neither the faith and credit nor the taxing power of any authority or county, including without limitation the Authority and Hillsborough County, or of the State of Florida or any political subdivision, agency or instrumentality thereof is pledged to the payment of the principal of, premium, if any, or interest on any Bond.