Issuance of the Series 2021 Bonds Sample Clauses

Issuance of the Series 2021 Bonds. The Issuer shall issue the Series 2021 Bonds under and in accordance with the Indenture, subject to the provisions of any bond purchase agreement between the Issuer and the Underwriter. The Company hereby approves the issuance of the Series 2021 Bonds and all terms and conditions thereof.
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Issuance of the Series 2021 Bonds. Agreement to Issue the Series 2021 Bonds; Loan of Proceeds. (a) The Issuer hereby agrees to issue, sell and deliver the Series 2021A Bonds in accordance with the terms of the Indenture and the First Supplemental Indenture, and upon the terms and conditions of this Series 2021 Loan Agreement, the Indenture and the First Supplemental Indenture, the Issuer hereby agrees to lend to the Borrower on the Series 2021 Closing Date the proceeds of the Series 2021A Bonds (the “Series 2021A Loan”). The Borrower will use the proceeds of the Series 2021A Loan to finance a portion of the Project Costs. The Issuer hereby agrees to deposit or cause to be deposited the net proceeds of the Series 2021A Bonds in the amount of $[•] (consisting of the aggregate principal amount of the Series 2021A Bonds of $[PARA].00, less an Underwriters’ discount of $[•]) with the Trustee and to instruct the Trustee to apply the net proceeds received from the sale of the Series 2021A Bonds pursuant to Section 2.07(b) of the First Supplemental Indenture. (b) The Issuer hereby agrees to issue, sell and deliver the Series 2021B Bonds in accordance with the terms of the Indenture and the First Supplemental Indenture, and upon the terms and conditions of this Series 2021 Loan Agreement, the Indenture and the First Supplemental Indenture, the Issuer hereby agrees to lend to the Borrower on the Series 2021 Closing Date the proceeds of the Series 2021B Bonds (the “Series 2021B Loan,” and together with the Series 2021A Loan, the “Series 2021 Loans”). The Borrower will use the proceeds of the Series 2021B Loan to prepay, in full, the 2017 TIFIA Loan and finance a portion of the Project Costs. The Issuer hereby agrees to deposit or cause to be deposited the net proceeds of the Series 2021B Bonds in the amount of $[•] (consisting of the aggregate principal amount of the Series 2021B Bonds of $[PARB].00, less an Underwriters’ discount of $[•]) with the Trustee and to instruct the Trustee to apply the net proceeds received from the sale of the Series 2021B Bonds pursuant to Section 2.07(c) of the First Supplemental Indenture. (c) The Series 2021 Loans shall be Additional Senior Loans as provided in the Series 2017 Loan Agreement.

Related to Issuance of the Series 2021 Bonds

  • Issuance of the Bonds The Authority shall issue the Bonds under and in accordance with the Indenture, subject to the provisions of the bond purchase agreement among the Authority, the initial purchaser or purchasers of the Bonds and the Company. The Company hereby approves the issuance of the Bonds and all terms and conditions thereof.

  • of the Series Supplement The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.

  • Issuance of Bonds Subject to the satisfaction of and compliance with all of the provisions, covenants and requirements of this Agreement, in order to provide funds for the payment of the Project Costs, the Issuer has authorized the issuance and delivery of the Bonds to the Initial Purchaser in accordance with the Indenture.

  • Issuance of Notes The Owner Trustee is hereby authorized and directed on behalf of the Trust to execute, issue and deliver the Notes pursuant to the Indenture.

  • Original Issuance of Notes 3 Section 2.01 Form..............................................................................3 Section 2.02 Execution, Authentication and Delivery............................................3 Section 2.03

  • Issuance of the Securities The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents. The Company has reserved from its duly authorized capital stock a number of shares of Common Stock for issuance of the Underlying Shares at least equal to the Required Minimum on the date hereof.

  • Certificates Issuable in Classes; Distributions of Principal and Interest; Authorized Denominations The aggregate principal amount of the Certificates that may be authenticated and delivered under this Agreement is limited to the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, as specified in the Preliminary Statement to this Agreement, except for Certificates authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Certificates pursuant to Section 5.03. Such aggregate principal amount shall be allocated among one or more Classes having designations, types of interests, initial per annum Certificate Interest Rates, initial Class Principal Balances and Final Maturity Dates as specified in the Preliminary Statement to this Agreement. The aggregate Percentage Interest of each Class of Certificates of which the Class Principal Balance equals zero as of the Cut-Off Date that may be authenticated and delivered under this Agreement is limited to 100%. Certificates shall be issued in Authorized Denominations.

  • Designation Amount and Issue of Notes The Notes shall be designated as “Tranche A Zero Coupon Guaranteed Senior Unsecured Convertible Notes”. Notes not to exceed the aggregate principal amount of $50,000,000 (except pursuant to Sections 2.05 and 2.06 hereof) upon the execution of this Indenture, or from time to time thereafter, may be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Notes to or upon the written order of the Company, signed by its Chairman of the Board, Chief Executive Officer, President or any Vice President (whether or not designated by a number or numbers or word or words added before or after the title “Vice President”), the Treasurer or any Assistant Treasurer or the Secretary or Assistant Secretary, without any further action by the Company hereunder.

  • Issuance of Additional Notes The Issuers shall be entitled, subject to their compliance with Section 4.09, to issue Additional Notes under this Indenture which shall have identical terms as the Initial Notes issued on the Initial Issuance Date, other than with respect to the date of issuance, issue price and the date from which interest begins to accrue. The Initial Notes issued on the Initial Issuance Date, any Additional Notes and all Exchange Notes issued in exchange therefor shall be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, consents, directions, declarations, amendments, redemptions and offers to purchase. With respect to any Additional Notes, the Issuers shall set forth in an Officers’ Certificate, which shall be delivered to the Trustee, the following information: (1) the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to this Indenture; (2) the issue price, the issue date and the CUSIP number and any corresponding ISIN of such Additional Notes; and (3) whether such Additional Notes shall be Transfer Restricted Securities and issued in the form of Initial Notes as set forth in Exhibit 1 to the Appendix to this Indenture or shall be issued in the form of Exchange Notes as set forth in Exhibit A to the Appendix.

  • REMIC Certificate Maturity Date Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC is October 25, 2035.

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