Redemption of Bonds Before Maturity. Redemption Dates and Prices. The Bonds are redeemable at the option of the Issuer at the direction of the Developer on any date, upon fifteen (15) days’ notice, in whole or in part, in order of maturity determined by Issuer and by lot within maturities, at face value, plus accrued interest to the date fixed for redemption. If fewer than all of the Bonds at the time outstanding are to be called for redemption, the maturities of Bonds or portions thereof to be redeemed shall be selected by the Trustee at the direction of the Issuer. If fewer than all of the Bonds within a maturity are to be redeemed, the Trustee shall apply moneys available for redemption on a pro rata basis, based on the respective portion of the principal amount of Bonds held by the respective owners of the Bonds within such maturity that shall be redeemed. [The Bonds maturing on , 20 are subject to mandatory sinking fund redemption prior to maturity as set forth in Section 2.2 hereof.]
Redemption of Bonds Before Maturity. Section 4.01. Extraordinary and Mandatory Redemption...................27 Section 4.02.
Redemption of Bonds Before Maturity. 25 Section 4.01 .......Extraordinary and Mandatory Redemption 25 (a) .................Extraordinary Redemption of Bonds 25 (b) .................Mandatory Redemption of Bonds 25 (c) .................Mandatory Sinking Fund Redemption 26 Section 4.02 .......
Redemption of Bonds Before Maturity. Optional Redemption.
Redemption of Bonds Before Maturity. SECTION 3.01. Redemption Dates and Prices.................................20 SECTION 3.02.
Redemption of Bonds Before Maturity. Section 301.
Redemption of Bonds Before Maturity. Section 301. REDEMPTION DATES AND PRICES. Optional Redemption
(a) Prior to the Conversion Date, the Bonds are subject to redemption by the Issuer, at the option of the Company, in whole at any time or in part in integral multiples of $50,000 on any Interest Payment Date on a date selected by the Company at a price equal to 100% of the principal amount to be redeemed plus accrued interest thereon, if any, to the redemption date. Prior to the Expiration Date of the Letter of Credit any such redemption shall be made solely from Available Moneys.
(b) After the Conversion Date, the Bonds are subject to redemption by the Issuer, at the option of the Company, in whole at any time or, to the extent permitted by Section 4.3(c) of the Agreement in part in integral multiples of $5,000 on any Interest Payment Date, at a redemption price of 100% of the principal amount thereof plus accrued interest, if any, to the redemption date, in the event of (1) condemnation of the Facilities or any part thereof to the extent provided in Section 4.3(c) of the Agreement or, (2) exercise by the Company of its prepayment option as provided in Section 4.3(d) of the Agreement. Prior to the Expiration Date of the Letter of Credit, any such redemption shall be made solely from Available Moneys.
(c) After the Conversion Date, the Bonds are subject to redemption by the Issuer, at the option of the Company, on or after the First Optional Redemption Date, in whole at any time or in part on any Interest Payment Date in integral multiples of $5,000, on a date selected by the Company at the redemption prices (expressed as percentages of the principal amount to be redeemed) set forth in the following table plus accrued interest, if any, to the redemption date: Redemption Redemption Dates Prices ---------------- ---------- First Optional Redemption Date through the following February 28 103% First Anniversary of the First Optional Redemption Date through the following February 28 102% Second Anniversary of the First Optional Redemption Date through the following February 28 101% Third Anniversary of the First Optional Redemption Date and thereafter 100% Prior to the Expiration Date of the Letter of Credit, any such redemption shall be made solely from Available Moneys.
(d) If less than all of the Bonds are called for redemption (regardless of whether such redemption is at the option of the Company or pursuant to any mandatory redemption provisions of this Indenture), the selection of Bonds or por...
Redemption of Bonds Before Maturity. Section 301. REDEMPTION DATES AND PRICES. The Bonds may not be called for redemption prior to September 1, 1989, except in the event (1) of condemnation of the Project or any part thereof as provided in Section 7.2 of the Agreement, (2) of exercise by the Company of its option to prepay the purchase price of the Project as provided in Section 11.1 of the Agreement, or (3) the Company is required to accelerate purchase of the Project as provided in Sections 8.8 and 12.1 of the Agreement. If called for redemption prior to maturity as provided in (1) or (2) of the foregoing, the Bonds may be redeemed at any time, in whole or (in case of redemption pursuant to Section 7.2 of the Agreement) in part, at a redemption price equal to the principal amount of each Bond to be redeemed plus accrued interest thereon to the redemption date. If called for redemption as provided in (3) of the foregoing, the Bonds must be redeemed in whole within the time provided by Section 8.8 of the Agreement following the Determination of Taxability (as defined in Section 8.8 of the Agreement) at the foregoing redemption price plus an Additional amount equal to the interest payable on each Bond so redeemed for each year, or any part thereof, which elapses from the occurrence of the "Event of Taxability" (as defined in Section 8.8 of the Agreement) giving rise to such redemption to and through the date of such redemption.
Redemption of Bonds Before Maturity. Section 401.
Redemption of Bonds Before Maturity
