Common use of Issuance and Term of Bonds Clause in Contracts

Issuance and Term of Bonds. (a) The Bonds shall be designated “Parish of St. Xxxxx, State of Louisiana, Revenue Bonds (NuStar Logistics, L.P. Project) Series 2011” and shall be issued in the aggregate principal amount of$75,000,000. The Bonds shall be in substantially the form of Exhibit A, which is part of this Indenture, in the denominations provided for in the Bonds. (b) The Bonds shall be dated the date of initial authentication and delivery, shall bear interest from such date, and shall mature (subject to prior redemption) on August 1, 2041. The Bonds shall bear interest at the Daily Rate, the Weekly Rate, the Commercial Paper Rate or the Long Term Rate, as more fully described in this Article II and as provided for in the form of Bond. Company may direct a change in the type of Interest Period pursuant to the provisions of Section 2.07 hereof. Interest on the Bonds will initially be payable at the Weekly Rate. The rate of interest borne by the Bonds shall not exceed the Maximum Rate. (c) The principal and Purchase Price of and premium, if any, and interest on the Bonds shall be payable and computed as provided for in the Bonds.

Appears in 1 contract

Samples: Lease Agreement (NuStar Energy L.P.)

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Issuance and Term of Bonds. (a) The Bonds shall be designated “Parish of St. Xxxxx, State of Louisiana, Revenue Bonds (NuStar Logistics, L.P. Project) Series 20112010B” and shall be issued in the aggregate principal amount of$75,000,000of $85,000,000. The Bonds shall be in substantially the form of Exhibit A, which is part of this Indenture, in the denominations provided for in the Bonds. (b) The Bonds shall be dated the date of initial authentication and delivery, shall bear interest from such date, and shall mature (subject to prior redemption) on August December 1, 20412040. The Bonds shall bear interest at the Daily Rate, the Weekly Rate, the Commercial Paper Rate or the Long Term Rate, as more fully described in this Article II and as provided for in the form of Bond. Company may direct a change in the type of Interest Period pursuant to the provisions of Section 2.07 hereof. Interest on the Bonds will initially be payable at the Weekly Rate. The rate of interest borne by the Bonds shall not exceed the Maximum Rate. (c) The principal and Purchase Price of and premium, if any, and interest on the Bonds shall be payable and computed as provided for in the Bonds.

Appears in 1 contract

Samples: Lease Agreement (NuStar Energy L.P.)

Issuance and Term of Bonds. (a) The Bonds shall be designated “Parish of St. Xxxxx, State of Louisiana, Revenue Bonds (NuStar Logistics, L.P. Project) Series 20112010A” and shall be issued in the aggregate principal amount of$75,000,000of $50,000,000. The Bonds shall be in substantially the form of Exhibit A, which is part of this Indenture, in the denominations provided for in the Bonds. (b) The Bonds shall be dated the date of initial authentication and delivery, shall bear interest from such date, and shall mature (subject to prior redemption) on August October 1, 20412040. The Bonds shall bear interest at the Daily Rate, the Weekly Rate, the Commercial Paper Rate or the Long Term Rate, as more fully described in this Article II and as provided for in the form of Bond. Company may direct a change in the type of Interest Period pursuant to the provisions of Section 2.07 hereof. Interest on the Bonds will initially be payable at the Weekly Rate. The rate of interest borne by the Bonds shall not exceed the Maximum Rate. (c) The principal and Purchase Price of and premium, if any, and interest on the Bonds shall be payable and computed as provided for in the Bonds.

Appears in 1 contract

Samples: Lease Agreement (NuStar Energy L.P.)

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Issuance and Term of Bonds. (a) The Bonds shall be designated “Parish of St. Xxxxx, State of Louisiana, Revenue Bonds (NuStar Logistics, L.P. Project) Series 20112010” and shall be issued in the aggregate principal amount of$75,000,000of $100,000,000. The Bonds shall be in substantially the form of Exhibit A, which is part of this Indenture, in the denominations provided for in the Bonds. (b) The Bonds shall be dated the date of initial authentication and delivery, shall bear interest from such date, and shall mature (subject to prior redemption) on August July 1, 20412040. The Bonds shall bear interest at the Daily Rate, the Weekly Rate, the Commercial Paper Rate or the Long Term Rate, as more fully described in this Article II and as provided for in the form of Bond. Company may direct a change in the type of Interest Period pursuant to the provisions of Section 2.07 hereof. Interest on the Bonds will initially be payable at the Weekly Rate. The rate of interest borne by the Bonds shall not exceed the Maximum Rate. (c) The principal and Purchase Price of and premium, if any, and interest on the Bonds shall be payable and computed as provided for in the Bondsform of Bond.

Appears in 1 contract

Samples: Lease Agreement (NuStar Energy L.P.)

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