Issuance and Sale of the Bonds Sample Clauses
Issuance and Sale of the Bonds. The Bonds shall have been duly issued and sold to the Purchaser pursuant to the Bond Documents.
Issuance and Sale of the Bonds. The Issuer agrees with the Borrower that it will cooperate with the Borrower and will issue and deliver the Bonds in accordance with its obligations hereunder.
Issuance and Sale of the Bonds. The City agrees with the Company that it will cooperate with the Company and use its best efforts to issue, sell and deliver the Bonds.
Issuance and Sale of the Bonds. In order to provide funds to make the
Issuance and Sale of the Bonds. Subject to the terms and conditions hereinafter set forth in this Bond Purchase Agreement (the “Purchase Agreement”) and on the basis of the representations and warranties herein contained, the Issuer agrees to issue and sell to the Underwriter, and the Underwriter agrees to purchase from the Issuer, all, but not less than all, of $4,385,000.00 in aggregate principal amount of the Issuer’s General Obligation Corporate Purpose Bonds, Series 2025A (the “Bonds”). The purchase price for the Bonds shall be $4,475,618.05 (representing the par amount of the Bonds, plus $159,681.80 of net original issue premium, less an underwriter’s discount of $69,063.75). The Bonds will be dated as of the Closing Date (defined herein), will mature as set forth in Schedule I hereto on the dates and in the amounts and bear interest as set forth therein and be subject to redemption as set forth in the Official Statement (herein defined). The proceeds of the Bonds will be used for the purposes set forth in the Official Statement. The Bonds will be issued and secured under the bond issuance resolution to be adopted by the Issuer on February 3, 2025 (the “Resolution”), and as described in the Official Statement. Pursuant to the Resolution, the Issuer has appointed UMB Bank, n.a., West Des Moines, Iowa, as the Registrar and Paying Agent for the Bonds. In other respects, the Bonds and the other instruments referred to above will contain the provisions summarized in the Preliminary Official Statement dated January 15, 2025 (the “Preliminary Official Statement”), and the Official Statement, dated January 22, 2025, to be delivered pursuant to Section 8 hereof (collectively, the “Official Statement”).
Issuance and Sale of the Bonds