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 October 1, are subject to mandatory sinking payment redemption in part on October 1, , and on each October 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:
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).
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)
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: 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.
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)
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 Sinking Fund Payment Amount
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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.
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. *Maturity *Maturity
Mandatory Sinking Payment Redemption. The Bonds maturing on September 1,
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