Purchase and Sale of the Bonds. Subject to the terms and conditions and in reliance upon the representations, warranties and agreements set forth herein, the Underwriters hereby agree to purchase from the Authority, and the Authority hereby agrees to sell and deliver to the Underwriters, all (but not less than all) of the $ aggregate principal amount of Public Facilities Financing Authority of the City of San Diego Lease Revenue Refunding Bonds, Series 2015 (Ballpark Refunding) (the “Bonds”). The Bonds will be issued on the Closing Date (as hereinafter defined) in the principal amount of $ . The Bonds will bear interest at the rates and will mature on the dates and in the principal amounts set forth in Schedule I attached hereto. The purchase price for the Bonds shall be $ , being the principal amount of the Bonds, plus a net original issue premium of $ and less an Underwriters’ discount of $ . The Representative represents and warrants that: (i) it has been duly authorized by and on behalf of the Underwriters to execute this Bond Purchase Agreement; and (ii) it has been duly authorized by the Underwriters to act hereunder and, as the representative of the Underwriters, to take all actions, and waive any condition or requirement, required or permitted to be taken or waived hereunder by the Underwriters. The Underwriters shall not designate any other representative except upon the approval of the City (which approval shall not be unreasonably withheld). The Authority and the City acknowledge and agree that: (i) the primary role of the Underwriters, as underwriters, is to purchase securities, for resale to investors, in an arm’s length commercial transaction among the Authority, the City and the Underwriters, and the Underwriters have financial and other interests that differ from those of the Authority and/or the City; (ii) the Underwriters are acting solely as principals and are not acting as municipal advisors, financial advisors or fiduciaries to the Authority or the City and have not assumed any advisory or fiduciary responsibility to the Authority or the City with respect to the transaction contemplated hereby and the discussions, undertakings and procedures leading thereto (irrespective of whether the Underwriters have provided other services or are currently providing other services to the Authority or the City on other matters); (iii) other than as imposed by law, the only obligations the Underwriters have to the Authority and/or the City with respect to the transaction contemplat...
Purchase and Sale of the Bonds. Upon the terms and conditions and in reliance upon the representations, warranties and agreements herein set forth, the Underwriter hereby agrees to purchase from the District for reoffering to the public, and the District hereby agrees to sell to the Underwriter for such purpose, all (but not less than all) of (i) $ aggregate principal amount of the District’s 2022 General Obligation Refunding Bonds, Series A (Federally Tax-Exempt) (the “Series A Bonds”), and (ii) $ aggregate principal amount of the District’s 2022 General Obligation Refunding Bonds, Series B (Federally Taxable) (the “Series B Bonds,” together with the Series A Bonds, the “Bonds”). The Series A Bonds shall be issued as current interest bonds (the “Current Interest Bonds”), and the Series B Bonds shall be issued as Current Interest Bonds and capital appreciation bonds (the “Capital Appreciation Bonds”), and the Bonds shall accrue or accrete interest at the rates, shall mature in the years and shall be subject to redemption as shown on Appendix A hereto, which is incorporated herein by this reference. The Current Interest Bonds will be dated the date of delivery thereof (the “Date of Delivery”) and shall bear interest from such date, payable semiannually on each February 1 and August 1, commencing August 1, 2022. The Capital Appreciation Bonds will be dated as of their Date of Delivery, and will not bear interest on a periodic basis, instead accreting interest from the Date of Delivery thereof, compounded semiannually on February 1 and August 1 of each year, commencing August 1, 2022, and shall be paid at maturity or early redemption as shown in Appendix A hereto. The final maturity dates, interest and accretion rates, yields and redemption provisions of the Bonds are shown in Appendix A hereto. The Underwriter shall purchase the Series A Bonds at a price of $ (consisting of the principal amount of the Series A Bonds of $ , [plus/less] [net] original issue [premium/discount] of $ , less an Underwriter’s discount of $ ). The Underwriter shall purchase the Series B Bonds at a price of $ (consisting of the principal amount of the Series B Bonds of $ $ ). less an Underwriter’s discount of
Purchase and Sale of the Bonds. (a) Subject to the terms and conditions and in reliance upon the representations, warranties and agreements set forth herein, the Underwriters hereby agree, jointly and severally, to purchase from the District, and the District hereby agrees to sell and deliver to the Underwriters, all, but not less than all, of the District’s Unlimited Tax Improvement Bonds, Series 2021 (the “Tax-Exempt Bonds”) and Unlimited Tax Improvement Bonds, Taxable Series 2021A (the “Taxable Bonds” and, together with the Tax-Exempt Bonds, the “Bonds”). The District acknowledges and agrees that (i) the purchase and sale of the Bonds pursuant to this Contract is an arm’s-length commercial transaction between the District and the Underwriters, (ii) in connection therewith and with the discussions, undertakings, and procedures leading up to the consummation of this transaction, the Underwriters are and have been acting solely as a principal and are not acting as the agent, fiduciary or the Municipal Advisor (as defined in Section 15B of the Securities Exchange Act of 1934, as amended) of the District, (iii) the Underwriters have not assumed an advisory or fiduciary responsibility in favor of the District with respect to the offering described herein or the discussions, undertakings, and procedures leading thereto (regardless of whether the Underwriters have provided other services or are currently providing other services to the District on other matters), and the Underwriters have no obligation to the District with respect to the offering described herein except the obligations expressly set forth in this Contract, (iv) the District has consulted its own legal, accounting, tax, financial, and other advisors to the extent it has deemed appropriate, (v) the primary role of the Underwriters, as underwriters, is to purchase securities, for resale to investors, in an arm’s length commercial transaction between the District and the Underwriters and the Underwriters have financial and other interests that differ from those of the District and are acting solely in their capacity as underwriters for their own accounts; and (vi) the Underwriters have provided the District prior disclosures required under Rule G-17 of the Municipal Securities Rulemaking Board (the “MSRB”), which disclosures have been received and acknowledged by the District.
Purchase and Sale of the Bonds. The Purchaser hereby agrees to purchase the 2023 Bonds and the Town hereby agrees to issue the 2023 Bonds and to sell the 2023 Bonds to the Purchaser, at par[, less a discount of $ ]. The Bonds shall be paid for in installments, and the first installment shall be in the amount of $ . The 2023 Bonds shall be dated their date of issuance and shall bear interest at the rate of [5.75%] per annum, payable semiannually on January 15 and July 15, beginning [July] 15, 2023. The 2023 Bonds shall mature on January 15, 2033 and be subject to mandatory sinking fund redemption as set forth on Exhibit A attached hereto and made a part hereof. The other terms of the 2023 Bonds are set forth in the form of the 2023 Bonds and in the Indenture. The 2023 Bonds shall constitute a contract between the Town and the Purchaser, as the owner of the 2023 Bonds.
Purchase and Sale of the Bonds. Upon the terms and conditions and in reliance upon the representations, warranties and agreements herein set forth, the Underwriters hereby agree to purchase from the District for reoffering to the public, and the District hereby agrees to sell to the Underwriters for such purpose, all (but not less than all) of $74,720,000 aggregate principal amount of Santa Xxxxxx-Malibu Unified School District (Los Angeles County, California), 2020 Refunding General Obligation Bonds (Federally Taxable) (the “Bonds”). The Underwriters shall purchase the Bonds at a purchase price of $74,462,216.00 (representing the principal amount of the Bonds of $74,720,000.00, less an Underwriters’ discount of $257,784.00). The District acknowledges and agrees that: (i) the primary role of the Underwriters is to purchase the Bonds for resale to investors in an arms-length commercial transaction between the District and the Underwriters and that the Underwriters have financial and other interests that differ from those of the District, (ii) the Underwriters are acting as principals and not acting as municipal advisors, financial advisors, agents or fiduciaries to the District or any other person or entity and have not assumed any advisory or fiduciary responsibility to the District with respect to the transaction contemplated hereby and the discussions, undertakings and proceedings leading thereto (irrespective of whether the Underwriters, or any affiliates of the Underwriters, have provided other services or are currently providing other services to the District on other matters),
Purchase and Sale of the Bonds. (a) The Purchaser hereby agrees to purchase the Series 2024 Bonds and the Town hereby agrees to issue the Series 2024 Bonds and to sell the Series 2024 Bonds to the Purchaser, at par. The Bonds shall be paid for in a single installment of [$3,655,000.00] which will be deposited with the Trustee on June 25, 2024, or on such other date as may be mutually agreeable to the parties hereto, for deposit in accordance with and subject to the conditions of the Indenture. The Bonds shall be dated their date of issuance and shall bear interest at a per annum rate of [nine percent (9.0%)], payable semiannually on February 1 and August 1, beginning August 1, 2024. The Bonds shall mature on February 1, 2049 and shall be issued as a single bond with principal installment payments on February 1 and August 1 on the dates and in the amounts as set forth on Exhibit A attached hereto and made a part hereof. The Bonds are subject to an optional redemption by the Town, prior to maturity, on February 1, 2034 or any date thereafter, upon six (6) months’ written notice, in whole or in part, in such order of maturity as the Town shall direct and by lot within maturities, at face value, with no premium, plus in each case accrued interest to the date fixed for redemption. The other terms of the Bonds are set forth in the form of the Bonds and in the Indenture. The Bonds shall constitute a contract between the Town and the Purchaser, as the owner of the Bonds
Purchase and Sale of the Bonds. (a) Upon the terms and conditions and in reliance upon the representations, warranties and agreements set forth herein, the Underwriters hereby agree to purchase from the District for reoffering to the public and the District hereby agrees to sell to the Underwriters for such purpose, all (but not less than all) of the $[ ] aggregate principal amount of the District’s San Xxxxx Valley Unified School District (Contra Costa County, California) General Obligation Refunding Bonds, Series 2020 (Federally Taxable) (the “Bonds”). The Bonds shall be issued in the principal amounts and shall bear interest at the rates and shall mature on the dates and in the years shown on Exhibit A hereto, which is incorporated herein by this reference. The Bonds shall be issued in fully registered form, in the authorized denominations of $5,000 or any integral multiple thereof. The Bonds shall bear interest payable from the date thereof and such interest shall be payable on each February 1 and August 1, commencing February 1, 2021.
Purchase and Sale of the Bonds. (a) The Purchaser hereby agrees to purchase the 2022 Bonds and the Town hereby agrees to issue the 2022 Bonds and to sell the 2022 Bonds to the Purchaser, at par. The Bonds shall be paid for in installments, and the first installment shall be in the amount of $ . The 2022 Bonds shall be dated their date of issuance and shall bear interest at the rate of [4.0]% per annum, payable semiannually on February 1 and August 1, beginning August 1, 2025. Interest shall begin to accrue six months prior to the first interest payment date. The 2022 Bonds shall mature on February 1, 2046 and be subject to optional and mandatory sinking fund redemption as set forth on Exhibit A attached hereto and made a part hereof. The other terms of the 2022 Bonds are set forth in the form of the 2022 Bonds and in the Indenture. The 2022 Bonds shall constitute a contract between the Town and the Company, as the owner of the 2022 Bonds.
Purchase and Sale of the Bonds. Upon the terms and conditions and in reliance upon the representations, warranties and agreements herein set forth, the Underwriter hereby agrees to purchase from the District for reoffering to the public, and the District hereby agrees to sell to the Underwriter for such purpose, all (but not less than all) of $ aggregate principal amount of the District’s 2020 General Obligation Refunding Bonds (Federally Taxable) (the “Bonds”). The Bonds shall bear interest at the rates, shall mature in the years and shall be subject to redemption as shown on Appendix A hereto, which is incorporated herein by this reference. The Bonds shall be dated the date of delivery, and shall bear interest from such date, payable semiannually on February 1 and August 1, commencing February 1, 2021. The Underwriter shall purchase the Bonds at a price of $ (consisting of the principal amount of the Bonds of $ , plus net original issue premium of $ , and less an Underwriter’s discount of $ ).
Purchase and Sale of the Bonds. Upon the terms and conditions and in reliance upon the representations, warranties and agreements herein set forth, the Underwriter hereby agrees to purchase from the District for reoffering to the public, and the District hereby agrees to sell to the Underwriter for such purpose, all (but not less than all) of $ aggregate principal amount of the District’s General Obligation Bonds, 2018 Election, 2019 Series A (the “Bonds”). The Underwriter shall purchase the Bonds at a price of $ (which is equal to the aggregate principal amount of the Bonds of $ , plus [net] original issue premium of $ and less an Underwriter’s discount of $ ). At the request and on behalf of the District, the Underwriter will transfer $ from the purchase price to The Bank of New York Mellon Trust Company, N.A. for payment of costs of issuance on the Closing Date (as defined herein). The District acknowledges and agrees that (i) the purchase and sale of the Bonds pursuant to this Purchase Contract is an arm’s-length commercial transaction between the District and the Underwriter, (ii) in connection with such transaction, the Underwriter is acting solely as a principal and not as an agent, fiduciary of or financial advisor to the District, (iii) the Underwriter has not assumed a financial advisory or a fiduciary responsibility in favor of the District with respect to (A) the offering of the Bonds or the process leading thereto (whether or not the Underwriter has advised or is currently advising the District on other matters) or (B) any other obligation to the District except the obligations expressly set forth in this Purchase Contract and (iv) the District has consulted with its own legal and other professional advisors to the extent it deemed appropriate in connection with the offering of the Bonds. The District acknowledges that it has previously provided the Underwriter with an acknowledgement of receipt of the required Underwriter’s disclosure under Rule G-17 of the Municipal Securities Rulemaking Board (“MSRB”).
