Redemption Dates and Prices Sample Clauses

Redemption Dates and Prices. (a) The Series 2024 Bonds are subject to optional redemption at the option of the Issuer, prior to maturity on any date after February 1, 2034, upon six (6) months' notice to the Purchaser, in whole or in part, in inverse order of maturity and by lot within maturities, at face value, without premium, plus in each case accrued interest to the date fixed for redemption.
AutoNDA by SimpleDocs
Redemption Dates and Prices. The Bonds shall be subject to redemption prior to maturity in the amounts, at the times and in the manner provided in this Article III.
Redemption Dates and Prices. (a) The Issuer shall have the right, at its option, to redeem, according to the procedure hereinafter provided, the Series 20 Bonds maturing on or after , 20 , in whole or in part, in any order of maturity or maturities selected by the Issuer and by lot within any maturity, on any date not earlier than , 20 , at face value, plus interest accrued to the date fixed for redemption and without premium (b) The Series 20 Bonds are subject to extraordinary redemption prior to maturity, without premium, from proceeds of condemnation in certain circumstances as described in Section 6.9 and 6.10 hereof. (c) From moneys held in the Bond Fund, the Series 20 Bonds maturing on , 20 , are subject to mandatory sinking fund redemption prior to maturity on the dates shown below, plus accrued interest and without premium: * Final Maturity The Trustee shall credit against the mandatory sinking fund requirement for any Term Bonds, and corresponding mandatory sinking fund redemption obligation, in the order determined by the Issuer, any such Term Bonds which have previously been redeemed (otherwise than as a result of a previous mandatory sinking fund redemption requirement) or delivered to the Trustee, the Registrar or the Paying Agent for cancellation or purchased for cancellation by the Trustee and not theretofore applied as a credit against any redemption obligation. Each Term Bond so delivered or canceled shall be credited by the Trustee at 100% of the principal amount thereof against the mandatory sinking fund obligation on such mandatory sinking fund redemption date, and any excess of such amount shall be credited on future redemption obligations, and the principal amount of Term Bonds to be redeemed by operation of the mandatory sinking fund requirement shall be accordingly reduced; provided, however, the Trustee, the Registrar or the Paying Agent shall only credit such Term Bonds to the extent received on or before forty-five (45) days preceding the applicable mandatory sinking fund redemption date stated above.
Redemption Dates and Prices. (a) The Series 2016 Bonds are subject to optional redemption by the Issuer, prior to maturity, at the option of the WLCDC, on any date (so long as the Series 2016 Bonds bear interest at the Prime Rate), in whole or in part, in such order of maturity as the WLCDC shall direct and by lot within maturities, at face value, without premium, plus in each case accrued interest to the date fixed for redemption.
Redemption Dates and Prices. The Debentures may not be called for redemption by the Issuer except as provided in this Article III.
Redemption Dates and Prices. The Bonds are subject to optional redemption by the County prior to maturity, if the Company shall exercise its option to prepay the purchase price for the Project as provided in Sections 8.1(b) through (e) of the Agreement, and shall so prepay the said purchase price in which event the Bonds shall be redeemed in whole by the County at any time at the principal amount thereof plus accrued interest to the redemption date but without premium. The Bonds are also subject to optional redemption prior to maturity by the County, at the direction of the Company, prior to maturity, on and after _____ __, ____, in whole at any time or in part from time to time and if in part, by lot or in such other manner as may be determined by the Trustee to be fair and equitable, at the redemption prices (expressed as percentages of principal amount) set forth in the table below plus accrued interest to the redemption date: Optional Redemption Redemption Period Price ____________ through ____________ ___% ____________ through ____________ ___% ____________ and thereafter ___% In addition, the Bonds will be subject to mandatory redemption on any date prior to their scheduled maturity, and shall be redeemed prior to their scheduled maturity no later than 180 days after a final determination or final action referred to below, at a redemption price equal to the principal amount thereof plus accrued interest thereon to the date of redemption, but without premium, if, as a result of any final determination of a federal court or final action of the Internal Revenue Service, in a proceeding in which the Company has received timely notice of and has had an opportunity to participate at its expense, it is determined that as a result of the failure of the Company to observe any covenant, agreement or representation in the Agreement or the Issuer to observe any covenant, agreement or representation in this Indenture, the interest payable on the Bonds is not excludable from gross income of a holder of a Bond (other than a holder who is a "substantial user" of the Project or "related person" within the meaning of Section 147 of the Internal Revenue Code of 1986, as amended, and applicable regulations promulgated thereunder (the "Code")) under Section 103 of the Code. The Bonds shall be redeemed, whether in whole or in part, in such principal amount that the interest payable on the Bonds remaining outstanding after such redemption would not be included in the gross income of a holder thereof (...
Redemption Dates and Prices. The Bonds may not be called for redemption prior to maturity except as provided herein:
AutoNDA by SimpleDocs
Redemption Dates and Prices. The Series 2023 Bonds maturing on January 15, 2031, are subject to optional redemption prior to maturity commencing on July 15, 2030, and on any date thereafter, upon thirty (30) days' notice, in whole or in part, in such order of maturity as the Town shall direct and by lot within maturities, at face value, plus in each case accrued interest to the date fixed for redemption, with no premium.
Redemption Dates and Prices. Unless provided otherwise in a Supplemental Indenture with respect to a Series of Bonds, the Bonds of a Series may be made subject to optional, mandatory and extraordinary redemption and purchase, either in whole or in part, by the Issuer, prior to maturity in the amounts, at the times and in the manner provided in this Article VIII and in the related Supplemental Indenture.
Redemption Dates and Prices. The Initial Bonds may not be called for redemption by the Issuer except as provided in this Article III. Additional Bonds may not be called for redemption by the Issuer except as provided in the supplemental indenture providing for their issuance.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!