General Terms of Bonds Sample Clauses

General Terms of Bonds. Every Bond shall be payable, with respect to principal or Redemption Price, and interest, in any coin or currency of the United States of America which, at the respective dates of payment thereof, is legal tender for payment of public and private debts. Every Bond shall be issued in the form of a fully registered Bond and payable to a named person or registered assigns and shall be substantially in the form as provided in this Indenture. Interest on the Bonds shall be payable from and after its date of initial issuance first on August 1, 1998 and on February 1 and August 1 each year thereafter to any Holder of Bonds as of the close of business on the January 15 or July 15 next preceding such interest payment date until the Authority's obligation with respect to the payment of the principal sum thereof shall be paid. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. Upon written request received not later than the applicable record date, any holder of Bonds aggregating $1,000,000 or more shall be entitled to receive interest payments from the Trustee by wire transfer. All Bonds shall each be of the denomination of $5,000 or any integral multiple of $5,000 and shall each be in substantially the form provided for in Exhibit A hereto. The Bonds shall be initially dated the Dated Date. The Bonds shall mature on February 1, 2038. Thereafter, each Bond shall be dated as of the date six months preceding the interest payment date next following the date of authentication thereof by the Trustee, except that (a) if such date of such authentication shall be an interest payment date thereof, said Bond shall be dated as of such date of authentication, or (b) if interest on such Bond shall not have been paid in full in accordance with its terms, then, notwithstanding any of the foregoing provisions of this Section, such Bond shall be dated as of the date to which interest has been paid in full on such Bond. Temporary bonds in authorized denominations specified by the Purchaser are authorized to be issued, authenticated and delivered to the Purchaser thereof in lieu of and until such time as bonds in definitive form are available for authentication and delivery.
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General Terms of Bonds. 11 Section 2.04 Execution of Bonds........................................................14 Section 2.05 Authentication of Bonds...................................................14 Section 2.06 Interchangeability of Bonds...............................................15 Section 2.07 Transfer and Registry of Bonds and Agency Therefor........................15 Section 2.08 Transfer of Bonds.........................................................15 Section 2.09 Ownership of Bonds and Effect of Registration.............................15 Section 2.10 Mutilated, Destroyed, Stolen or Lost Bonds................................15 Section 2.11 Regulations with Respect to Registration, Exchanges and Transfers.........16 Section 2.12 Cancellation and Destruction of Surrendered Bonds.........................16
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General Terms of Bonds. (a) The Bonds shall constitute a single series in the aggregate principal amount of $ , and be designated “City of Chicago General Obligation Bonds, Series ” and shall be issued as fully registered bonds, without coupons, in Authorized Denominations substantially in the form attached as Exhibit A thereto. Unless the City shall otherwise direct, the Bonds shall be lettered and numbered from R-1 and upwards. Each Bond shall be dated the Date of Issuance and shall mature, subject to prior redemption as provided in Article III hereof, on its Maturity Date.
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Related to General Terms of Bonds

  • General Terms For purposes of this Agreement the following terms shall have the following meanings:

  • Form and Terms of the Notes The Notes and the Trustee’s certificate of authentication shall be substantially in the form of Exhibit A attached hereto. The aggregate principal amount of the Notes that may be authenticated and delivered under the Indenture, as amended hereby, shall be $300,000,000. The Company may, without the consent of the Holders, create and issue additional securities ranking pari passu with the Notes in all respects and so that such additional Notes shall be consolidated and form a single series having the same terms as to status, redemption or otherwise as the Notes initially issued. The terms of the Notes are established as set forth in Exhibit A attached hereto and this Tenth Supplemental Indenture. The terms and notations contained in the Notes shall constitute, and are hereby expressly made, a part of the Indenture as supplemented by this Tenth Supplemental Indenture, and the Company and the Trustee, by their execution and delivery of this Tenth Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. Clause five of Section 501 of the Indenture is modified and amended for purposes of the Notes to read as follows: “If any event of default under any bond, debenture, note or other evidence of indebtedness of the Company (including any event of default with respect to any other series of Securities), or under any mortgage, indenture or other instrument of the Company under which there may be issued or by which there may be secured or evidenced any indebtedness of the Company (or by any Subsidiary, the repayment of which the Company has guaranteed or for which the Company is directly responsible or liable as obligor or guarantor), whether such indebtedness now exists or shall hereafter be created, shall happen and shall result in an aggregate principal amount exceeding $25,000,000 becoming or being declared due and payable prior to the date on which it would otherwise have become due and payable, without such indebtedness having been discharged, or such acceleration having been waived, rescinded or annulled, within a period of 10 days after there shall have been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 10% in principal amount of the Notes a written notice specifying such event of default and requiring the Company to cause such indebtedness to be discharged or cause such acceleration to be rescinded or annulled and stating that such notice is a “Notice of Default” hereunder. Subject to the provisions of Section 601, the Trustee shall not be deemed to have knowledge of such event of default unless either (A) a Responsible Officer of the Trustee shall have actual knowledge of such event of default or (B) the Trustee shall have received written notice thereof from the Company, from any Holder, from the holder of any such indebtedness or from the trustee under any such mortgage, indenture or other instrument; or”. This amendment relates solely to the rights of the Holders of the Notes and shall not affect the rights under the Indenture of the Holders of Securities of any other series.

  • Terms of Agreement In consideration of the mutual representations, warranties, covenants and agreements contained herein, the parties hereto agree as follows:

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