Mandatory Sinking Payment Redemption Sample Clauses

Mandatory Sinking Payment Redemption. The Bonds are not subject to Mandatory Sinking Payment Redemption.
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Mandatory Sinking Payment Redemption. The Bonds maturing on September 1, , are subject to mandatory sinking payment redemption in part on September 1, , and on each September 1 thereafter to maturity, by lot, at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest to the date fixed for redemption, without premium, from sinking payments as follows: Redemption Date
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Mandatory Sinking Payment Redemption. The Term Bonds are subject to mandatory redemption in part by lot from sinking payments made by the City at a redemption price equal to the principal amount thereof to be redeemed, plus accrued interest to the redemption date, without premium, in the aggregate respective principal amounts and on the dates as set forth in the following schedule; provided, however, if some but not all of the Term Bonds have been redeemed through optional redemption or extraordinary redemption from prepayments, the total amount of all future sinking payments shall be reduced by the aggregate principal amount of Term Bonds of such maturity so redeemed, to be allocated among such sinking payments on a pro-rata basis in integral multiples of $5,000 as determined by the Fiscal Agent, notice of which shall be given by the Fiscal Agent to the City. The Term Bond maturing on September 2, 2016, is subject to mandatory sinking payment redemption as follows: Sinking Payment Redemption Date Principal Amount (September 2) To Be Redeemed 20__ $ 20__ (maturity)
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Mandatory Sinking Payment Redemption. The Bonds are subject to mandatory redemption in part by lot, on September 2 in each year commencing September 2, 2015 from sinking fund payments made by the County from the Redemption Fund pursuant to Section 4.02, at a redemption price equal to the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on September 2 in the respective years, all as set forth in the following table; provided, however, if some but not all of the Bonds have been redeemed pursuant to subsection (i) above, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of Bonds so redeemed, to be allocated among such sinking fund payments on a pro rata basis in integral multiples of $1.00 as determined by the Fiscal Agent, notice of which determination shall be given by the Fiscal Agent to the County. Sinking Fund Payment Date (September 2) Sinking Fund Payment Amount 2015 $ [to come] 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 (maturity) Redemption of Bonds pursuant to this Section 2.03(A)(ii) shall be subject to the provisions of clause (ii) of Section 2.02(G).
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Mandatory Sinking Payment Redemption. The Bonds are subject to mandatory redemption in part by lot, on September 2 in each year commencing September 2, from sinking fund payments made by the County from the Redemption Fund pursuant to Section 4.02, at a redemption price equal to the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on September 2 in the respective years, all as set forth in the following table; provided, however, if some but not all of the Bonds have been redeemed pursuant to the redemption from prepayments of Assessments provisions above, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of Bonds so redeemed, to be allocated among such sinking fund payments on a pro rata basis in integral multiples of $1.00 as determined by the Director of Finance, notice of which determination shall be given by the Director of Finance to the Fiscal Agent. Sinking Fund Payment Date (September 2)
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Mandatory Sinking Payment Redemption. The Bonds maturing on September 2, , are subject to mandatory redemption in part by lot, on September 2 in each year commencing September 2, from sinking fund payments made by the District from the Redemption Fund pursuant to Section 4.01, at a redemption price equal to the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on September 2 in the respective years, all as set forth in the following table; provided, however, if some but not all of the Bonds maturing on September 2, , have been redeemed pursuant to subsection (i) or (ii) above, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of Bonds maturing on September 2, , so redeemed, to be allocated among such sinking fund payments on a pro rata basis in integral multiples of $5,000 as determined by the Treasurer, notice of which determination shall be given by the Treasurer to the Fiscal Agent. Sinking Fund Payment Date (September 2) Sinking Fund Payment Amount [to come]
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Mandatory Sinking Payment Redemption. The Bond maturing on September 1, 20 (the “Term Bond”), is subject to mandatory redemption in part by lot, from sinking fund payments made by the City from the Bond Fund, at a redemption price equal to the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts all as set forth in the following table: Term Bonds Maturing September 1, 2035 Redemption Date (September 1) Sinking Payment (maturity) Provided, however, if some but not all of the Term Bonds of a given maturity have been redeemed through optional redemption as described above or mandatory redemption from Special Tax prepayments as described below, the total amount of all future Sinking Fund Payments relating to such maturity will be reduced by the aggregate principal amount of Term Bonds of such maturity so redeemed, to be allocated among such Sinking Fund Payments on a pro rata basis in integral multiples of $5,000 as determined by the Fiscal Agent. EXHIBIT C CITY OF LIVERMORE COMMUNITY FACILITIES DISTRICT NO. 99-1 (TRI-VALLEY TECHNOLOGY PARK) SPECIAL TAX REFUNDING BONDS, SERIES 2015
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Mandatory Sinking Payment Redemption. The Bonds maturing September 1, and September 1, , are subject to mandatory redemption in part by lot, on September 1 in each year, commencing September 1, and September 1, , respectively, from mandatory sinking payments made by the District at a redemption price equal to the principal amount thereof to be redeemed, without premium, plus accrued interest thereon to the date of redemption in the aggregate principal amounts and on September 1 in the respective years as set forth in the following schedule; provided, however, that (i) in lieu of redemption thereof, such Bonds may be purchased by the District and tendered to the Fiscal Agent and the Fiscal Agent shall cancel such tendered Bonds, and (ii) if some but not all of such Bonds have been redeemed pursuant to the redemption provisions described in subsections (a) above or (c) below, the total amount of all future mandatory sinking payments will be reduced by the aggregate principal amount of such Bonds so redeemed, to be allocated among such mandatory sinking payments as determined by the Authority in connection with the Authority Bonds relating to the Bonds or on a pro rata basis (as nearly as practicable) in integral multiples of $5,000, as determined by the District. BONDS MATURING SEPTEMBER 1, 20 September 1 (Year) Principal Amount $ * $ *Maturity BONDS MATURING SEPTEMBER 1, September 1 (Year) Principal Amount *Maturity
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Mandatory Sinking Payment Redemption. The Term 2018 Bonds maturing September 1, 2043 are subject to mandatory sinking payment redemption in part on September 1, 2039 and on each September 1 thereafter to maturity, by lot, at a redemption price equal to one hundred percent (100%) of the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts as set forth in the following table: Mandatory Redemption Date (Sept. 1) Sinking Fund Payment 2039 $495,000 2040 540,000 2041 585,000 2042 635,000 2043 (maturity) 685,000 The Term 2018 Bonds maturing September 1, 2048 are subject to mandatory sinking payment redemption in part on September 1, 2044 and on each September 1 thereafter to maturity, by lot, at a redemption price equal to one hundred percent (100%) of the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts as set forth in the following table: Mandatory Redemption Date (Sept. 1) Sinking Fund Payment 2044 $735,000 2045 770,000 2046 810,000 2047 850,000 2048 (maturity) 895,000 The amounts in the foregoing table shall be reduced pro rata, in order to maintain substantially uniform debt service, as a result of any prior partial optional redemption or mandatory redemption of the 2018 Bonds as directed by the City in an Officer’s Certificate. In lieu of redemption under this Section 10.04, moneys in the Bond Fund may be used and withdrawn by the Fiscal Agent for purchase of Outstanding 2018 Bonds, upon the filing with the Fiscal Agent of an Officer's Certificate requesting such purchase, at public or private sale as and when, and at such prices (including brokerage and other charges) as such Officer's Certificate may provide, but in no event may 2018 Bonds be purchased at a price in excess of the principal amount thereof, plus interest accrued to the date of purchase.
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Related to Mandatory Sinking Payment Redemption

  • Mandatory Sinking Fund Redemption The $ Term Bonds maturing on August 1, 20 , are subject to mandatory sinking fund redemption on each Redemption Date in the respective principal amounts as set forth in the following schedule, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, together with interest accrued thereon to the date fixed for redemption: Mandatory Sinking Fund Redemption Date (August 1) Principal Amount to be Redeemed

  • No Sinking Fund No sinking fund shall be established for the retirement or redemption of Series A Preferred Units.

  • Early Redemption Amounts For the purposes of paragraphs (b), (c) and (d) above, Notes will be redeemed at an amount (the “Early Redemption Amount”) calculated as follows:

  • Redemption at maturity Unless previously redeemed or purchased and cancelled as specified below, each Note will be redeemed by the Issuer at its Final Redemption Amount specified in the applicable Final Terms in the relevant Specified Currency on the Maturity Date specified in the applicable Final Terms.

  • Optional Redemption Except as set forth below, the Issuer shall not be entitled to redeem the Securities. On and after May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed in percentages of principal amount on the redemption date), plus accrued interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on May 15 of the years set forth below: Period Redemption Price 2017 105.156 % 2018 103.438 % 2019 101.719 % 2020 and thereafter 100.000 % In addition, at any time prior to May 15, 2017, the Issuer shall be entitled at its option on one or more occasions to redeem Securities (which includes Additional Securities, if any) in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Securities (which includes Additional Securities, if any) issued prior to such date at a redemption price (expressed as a percentage of principal amount) of 106.875%, plus accrued and unpaid interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), with an amount not to exceed the net cash proceeds from one or more Equity Offerings; provided, however, that (1) at least 65% of such aggregate principal amount of Securities (which includes Additional Securities, if any) remains outstanding immediately after the occurrence of each such redemption (with Securities held, directly or indirectly, by the Issuer or its Affiliates being deemed to be not outstanding for purposes of such calculation); and (2) notice of such redemption has been given within 90 days after the date of the related Equity Offering. Prior to May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities at a redemption price equal to 100% of the principal amount of the Securities plus the Applicable Premium as of, and accrued and unpaid interest to, the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date).

  • Early Redemption The Original Notes are subject to early redemption by the Issuer as set forth in Article III of the Debt Agreement. If the Issuer elects to exercise its early redemption option with respect to the Original Notes, the Issuer shall give written notice by an Authorized Officer of its intention to exercise such option to the Global Agent of the principal amount of the Original Notes to be so redeemed in accordance with the Terms applicable to such Note. At the request of the Issuer, the Global Agent shall cause notice of redemption to be given to the Holders of Original Notes (and MAC Notes representing interests in the Exchangeable Notes) in accordance with the notice requirements set forth in the Debt Agreement in the name of and at the expense of Issuer.

  • Optional If Vendor would like to display any applicable certificates or licenses (including HUB certificates) for TIPS and TIPS Member Customer consideration, Vendor may upload those at this location. These supplemental documents shall not be considered part of the TIPS Contract. Rather, they are Vendor Supplemental Information for marketing and informational purposes only.

  • Mandatory Redemption The Company is not required to make mandatory redemption or sinking fund payments with respect to the Notes.

  • Final Redemption Unless previously redeemed, or purchased and cancelled, the Bonds will be redeemed at their principal amount on the Interest Payment Date falling on, or nearest to, June 26, 2017. The Bonds may not be redeemed at the option of the Issuer other than in accordance with this Condition.

  • Redemption at the Option of the Issuer If so specified in the applicable Pricing Supplement, the Issuer may, having (unless otherwise specified in the applicable Pricing Supplement) given not more than 60 nor less than 30 days’ notice to the Trustee and the holders of the Notes of this Series in accordance with Condition 15 (which notice shall be irrevocable), repay all or some only of the Notes of this Series then outstanding (as defined in the Trust Deed) on the Optional Redemption Date(s) and at the Optional Redemption Amount(s) indicated in the applicable Pricing Supplement together, if appropriate, with accrued interest. In the event of redemption of some only of such Notes of this Series, such redemption must be for an amount being the Minimum Redemption Amount or a Maximum Redemption Amount, as indicated in the applicable Pricing Supplement. In the case of a partial redemption of Definitive Notes of this Series, the Notes of this Series to be repaid will be selected individually by lot not more than 60 days prior to the date fixed for redemption and a list of the Notes of this Series called for redemption will be published in accordance with Condition 15 not less than 30 days prior to such date. In the case of a partial redemption of Notes which are represented by a Global Note, the relevant Notes will be redeemed in accordance with the rules of Euroclear and/or Clearstream and/or CMU, as the case may be.

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