Mandatory Sinking Account Redemption. The Bonds maturing on October 1, are subject to redemption prior to maturity from mandatory sinking account installments due on October 1 of each of the years set forth in the following table in the respective redemption amounts set forth opposite such years in said table (together with accrued interest thereon), without premium: Bonds maturing October 1, Redemption Date (October 1) Redemption Amount † Final Maturity EXHIBIT A FORM OF SUPPLEMENTAL OPINION OF XXXXXXXXX & XXXXXXXX LLP AS BOND COUNSEL X.X. XXXXXX SECURITIES LLC, as Representative of the Underwriters named on Schedule A hereto San Francisco, California Ladies and Gentlemen: $ California Municipal Finance Authority Revenue Bonds, Series 2015-A (City of Anaheim Water System Project) This opinion is addressed to you, as the Underwriters, pursuant to Section 5(e)(4) of the Purchase Contract, dated , 2015 (the “Purchase Contract”), between you and the California Municipal Finance Authority (the “Authority”) and the City of Anaheim (the “City”), providing for the purchase of $ principal amount of California Municipal Finance Authority Revenue Bonds, Series 2015-A (City of Anaheim Water System Project) (the “Bonds”). The Bonds are being issued pursuant to an Indenture of Trust, dated as of April 1, 2015 (the “Indenture”), by and among the Authority, the City and U.S. Bank National Association, as trustee (the “Trustee”). Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Indenture or, if not defined in the Indenture, in the Purchase Contract. In addition to the opinions set forth in our final legal opinion (the “Bond Opinion”) concerning the validity of the Bonds and certain other matters, dated the date hereof and addressed to the Authority (but which may be relied upon by you to the same extent as if such opinion were addressed to you), and based on and subject to the matters referred to in such Bond Opinion (which are hereby incorporated herein by reference), and in reliance thereon, as of the date hereof, we are of the following opinions or conclusions:
Mandatory Sinking Account Redemption. The Bonds maturing on November 1, 20 and November 1, 20 (the “Term Bonds”) are also be subject to redemption, by lot, on November 1 in each of the years as set forth in the following tables, at a redemption price equal to the principal amount thereof to be redeemed together with accrued interest thereon to the redemption date, without premium, or in lieu thereof may be purchased, in the aggregate respective principal amounts and on the respective dates as set forth in the following tables; provided, however, that if some but not all of the Term Bonds have been redeemed pursuant to paragraphs described above, the total amount of all future payments with respect to such 2019 Term Bonds shall be reduced by the aggregate principal amount of such Term Bonds so redeemed, to be allocated among such payments in integral multiples of $5,000 as determined by the Authority (written notice of which determination shall be given by the Authority to the Trustee). Sinking Account Redemption Date (November 1) Principal Amount to be Redeemed †Maturity Sinking Account Redemption Date (November 1) Principal Amount to be Redeemed †Maturity EXHIBIT B ISSUE PRICE CERTIFICATE $ MILPITAS MUNICIPAL FINANCING AUTHORITY 2019 Water Revenue Bonds The undersigned, on behalf of Xxxxxx, Xxxxxxxx & Company, Incorporated (the “Underwriter”), based on the information available to the Underwriter, hereby certifies as set forth below with respect to the sale and issuance of the above-captioned obligations (collectively, the “Bonds”).
Mandatory Sinking Account Redemption. The Bonds maturing on September 1, 20 (the “20 Term Bonds”) are subject to redemption prior to their stated maturity, in part, at random from amounts deposited into the 20 Series 2018 Sinking Account in the following amounts and on the following dates, at the principal amount thereof on the date fixed for redemption, without premium, but which amounts will be proportionately reduced by the principal amount of all 20 Term Bonds optionally redeemed: Mandatory Redemption Dates (September 1) Principal Amount * *Maturity
Mandatory Sinking Account Redemption. The Term Bond maturing December 1, 20 is subject to mandatory redemption, in part by lot, from sinking account payments set forth in the following schedule commencing December 1, 20 , and on December 1 in each year thereafter to and including December 1, 20 at a redemption price equal to the principal amount of the Term Bonds to be redeemed, plus accrued but unpaid interest thereon to the date fixed for redemption, without premium. Redemption Date Principal Amount (December 1) To be Redeemed * Maturity If some but not all of the Term Bonds have been redeemed pursuant to optional redemptions, the total amount of sinking account payments to be made subsequent to such redemption shall be reduced in an amount equal to the principal amount of the Term Bonds so redeemed by reducing each such future sinking account payment as shall be designated by the Agency pursuant to written notice filed by Agency with the Trustee, or in the absence of such direction, on a pro rata basis (as nearly as practicable) in integral multiples of $5,000, as shall be designated pursuant to written notice filed by Agency with the Trustee. In the event of any reductions in the amount of sinking account payments due as a result of some but not all of the Bonds being redeemed pursuant to extraordinary or optional redemptions, the Agency shall provide the Trustee with a revised schedule reflecting such reductions.
Mandatory Sinking Account Redemption. The Series 2018A Bonds are also subject to redemption prior to their respective stated maturities in part, by lot, from Mandatory Sinking Account Payments pursuant to Section 5.04(c) hereof. In the event of a redemption pursuant to Sections 4.01 and 4.02 hereof, the Corporation shall provide the Trustee with a revised sinking fund schedule giving effect to the special, optional or mandatory redemption so completed.
Mandatory Sinking Account Redemption. The Series 2019A Bonds maturing on June 1, (the “ Term Bonds”) shall be subject to redemption from Mandatory Sinking Account Payments in part on June 1, , and on each June 1 thereafter, at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest thereon to the date fixed for redemption, without premium, as follows; provided, however, that in lieu of redemption thereof, such Term Bonds may be purchased by the Authority and tendered to the Trustee: Sinking Fund Redemption Date (June 1) Principal Amount to be Redeemed or Purchased If some but not all of the Term Bonds have been redeemed pursuant to extraordinary or optional redemptions, the total amount of Mandatory Sinking Account Payments to be made subsequent to such redemption shall be reduced in an amount equal to the principal amount of the Term Bonds so redeemed by reducing each such future Mandatory Sinking Account Payment on a pro rata basis (as nearly as practicable) in integral multiples of $5,000, as shall be designated pursuant to written notice which shall include a revised Mandatory Sinking Account Payment schedule filed by Authority with the Trustee.
