Mandatory Sinking Fund Redemption of Bonds. The 2022 Bonds are subject to mandatory sinking fund redemption on September 1 in each year, in the amounts specified in the following table. Mandatory Mandatory Sinking Fund Sinking Fund Redemption Date Sinking Fund Redemption Date Sinking Fund (September 1) Redemption Amount (September 1) Redemption Amount 2025 2036 2026 2037 2027 2038 2028 2039 2029 2040 2030 2041 2031 2042 2032 2043 2033 2044 2034 2045† 2035 † Maturity
Mandatory Sinking Fund Redemption of Bonds. The Bonds maturing June 1, 20 (the “20 Term Bonds”) are subject to mandatory sinking fund redemption at a redemption price equal to the principal amount thereof, plus accrued interest to the redemption date, without premium. The 20 Term Bonds shall be so redeemed on the following dates and in the following amounts:
Mandatory Sinking Fund Redemption of Bonds. Subject to a variation in the sinking fund schedule redemption selected by the Original Purchasers in connection with the conversion of interest on the Bonds to the Tax-Exempt Rate pursuant to the Indenture, the Bonds are subject to mandatory sinking fund redemption on January 1 and July 1 in each year, on the dates and in the amounts specified in the following table. Mandatory Sinking Fund Payment Date Sinking Fund Payment Amount Mandatory Sinking Fund Payment Date Sinking Fund Payment Amount Mandatory Sinking Fund Payment Date Sinking Fund Payment Amount January 1, 2020 January 1, 2028 July 1, 2035 July 1, 2020 July 1, 2028 January 1, 2036 January 1, 2021 January 1, 2029 July 1, 2036 July 1, 2021 July 1, 2029 January 1, 2037 January 1, 2022 January 1, 2030 July 1, 2037 July 1, 2022 July 1, 2030 January 1, 2038 January 1, 2023 January 1, 2031 July 1, 2038 July 1, 2023 July 1, 2031 January 1, 2039 January 1, 2024 January 1, 2032 July 1, 2039 July 1, 2024 July 1, 2032 January 1, 2040 January 1, 2025 January 1, 2033 July 1, 2040 July 1, 2025 July 1, 2033 January 1, 2041 January 1, 2026 January 1, 2034 July 1, 2041 July 1, 2026 July 1, 2034 January 1, 2042 January 1, 2027 January 1, 2035 July 1, 2042 July 1, 2027 †Maturity * This is the Taxable Rate (as such term is defined in the Indenture) which is subject to conversion to the Tax-Exempt Rate (as such term is defined in the Indenture) pursuant to the provisions of the Indenture. If converted, the Tax- Exempt Rate will be 4.125%. If the Bonds are payable at the Tax-Exempt Rate, after the Date of Taxability following a Determination of Taxability, the interest rate may, at the option of the Owner, be increased to the Taxable Rate, as provided in a written notice of the Owner to the Trustee and the District. EXHIBIT B TO THE BOND PURCHASE AGREEMENT FOR PURCHASE [Closing Date] West Contra Costa Healthcare District 000 Xxxx Xxxxxx Xxxxxxxx, CA 94553 Pacific Western Bank 0000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000 Xxxxxxx Xxxxx, XX 00000 Re: $ West Contra Costa Healthcare District Refunding Revenue Bonds, Series 2019 (Taxable Converting to Tax-Exempt) Ladies and Gentlemen:
Mandatory Sinking Fund Redemption of Bonds. The 2020A Bonds are subject to mandatory sinking fund redemption on September 1 in each year, in the amounts specified in the following table. Mandatory Sinking Fund Redemption Date (September 1) Sinking Fund Redemption Amount Mandatory Sinking Fund Redemption Date (September 1) Sinking Fund Redemption Amount 2021 2034 2022 2035 2023 2036 2024 2037 2025 2038 2026 2039 2027 2040 2028 2039 2029 2040 2030 2041 2031 2042 2032 2043† 2033 † Maturity * If the 2020A Default Rate or the 2020A Taxable Rate (each as defined in the Indenture) is in effect, interest will be computed by applying such alternate rate. $ TULARE LOCAL HEALTH CARE DISTRICT Taxable Refunding Revenue Bonds, Series 2020B MATURITY SCHEDULE Maturity Date Principal Interest (September 1) Amount Rate* 2043 $ % REDEMPTION PROVISIONS
Mandatory Sinking Fund Redemption of Bonds. The Bonds maturing on March 1, 2029 are subject to mandatory sinking fund redemption and payment prior to stated maturity on March 1 in each year, at 100% of the principal amount thereof, plus accrued interest to the redemption date, without premium, in accordance with the mandatory sinking fund schedule determined as set forth below: Xxxx Xxxxx March 1 Principal Amount 2026 $185,000 2027 190,000 2028 200,000 2029* 205,000 *Final maturity. Bonds maturing on March 1, 2034 are subject to mandatory sinking fund redemption and payment prior to stated maturity on March 1 in each year, at 100% of the principal amount thereof, plus accrued interest to the redemption date, without premium, in accordance with the mandatory sinking fund schedule determined as set forth below: Xxxx Xxxxx March 1 Principal Amount 2030 $215,000 2031 2032 225,000 235,000 2033 250,000 2034* 550,000
Mandatory Sinking Fund Redemption of Bonds. (a) The 2022A Bonds will be issued as a single Term Bond subject to mandatory sinking fund redemption at a price equal to the principal amount so redeemed plus accrued interest thereon to the redemption date. As and for a sinking fund for the redemption of the 2022A Bonds, the District will deposit in the 2022A Bond Account, on or before November 1 in each of the following years, moneys which are sufficient to redeem (after credit as provided below) the following principa l amount of the 2022A Bonds: Redemption Date (November 1) Principal Amount 2022 $ 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 The remaining $[ ] of the 2022A will be paid upon presentation and surrender at maturity unless redeemed pursuant to optional redemption prior to maturity.
Mandatory Sinking Fund Redemption of Bonds. The Bonds shall be subject to redemption prior to maturity by operation of the Debt Service Account to satisfy Sinking Fund Installments, at a Redemption Price of 100% of the principal amount thereof and accrued interest. Sinking Fund Installments are established by the Indenture for the Bonds. Such Sinking Fund Installments shall be due on October 1 of each of the years set forth in the following table in the respective aggregate redemption amounts set forth opposite such years in said table (together with accrued interest thereon) without premium: Redemption Date (October 1) Redemption Amount Redemption Date (October 1) Redemption Amount † Maturity In connection with any optional redemption pursuant to the Indenture of any Bonds that are term Bonds subject to mandatory sinking fund redemption, the principal amount of such Bonds being redeemed shall be allocated against the scheduled Sinking Fund Installments in such manner as the City may direct and the scheduled Sinking Fund Installments payable after such redemption shall be modified as to such term Bonds. EXHIBIT A FORM OF SUPPLEMENTAL OPINION OF XXXXXX XXXX XXXXXXXXX US LLP AS BOND COUNSEL Xxxxxxx Xxxxx & Co. LLC, as Underwriter Los Angeles, California ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY $ Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) Ladies and Gentlemen: This opinion is addressed to you, as the Underwriter, pursuant to Section 6(e)(4) of the Purchase Contract, dated , 2024 (the “Purchase Contract”), between you and the Anaheim Housing and Public Improvements Authority (the “Authority”) and the City of Anaheim (the “City”), providing for the purchase of the $ Anaheim Housing and Public Improvements Authority Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) (the “Bonds”). The Bonds are being issued pursuant to an Indenture of Trust, dated as of , 2024 (the “Indenture”), by and among the Authority, the City and U.S. Bank Trust Company, 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 (b...
