Common use of Redemption of Bonds Clause in Contracts

Redemption of Bonds. Whenever the amounts contained in the Sinking Fund and Operation Fund are sufficient, together with any other funds deposited with the Trustee by the Authority (other than amounts deposited into the Rebate Fund), to redeem, upon the next redemption date, all Bonds secured thereby then outstanding, the Trustee shall apply the amounts in such Funds to the redemption of such Bonds pursuant to Article IV hereof.

Redemption of Bonds. Whenever the amounts contained in the Sinking Fund Fund, and Operation Fund are sufficient, together with any other funds deposited with the Trustee by the Authority (other than amounts deposited into in the Rebate Fund), to redeem, upon the next redemption date, all Bonds secured thereby then outstanding, the Trustee shall apply the amounts in such Funds to the redemption of such Bonds pursuant to Article IV hereof.

Redemption of Bonds. Whenever the amounts contained in the Sinking Fund, Redemption Fund and Operation Fund are sufficient, together with any other funds deposited with the Trustee by the Authority Corporation (other than amounts deposited into the Rebate Fund), to redeem, upon the next redemption date, all Bonds secured thereby then outstandingoutstanding after accounting for the intervening uses of such amounts, the Trustee shall apply the amounts in such Funds to the redemption of such Bonds pursuant to Article IV hereof.

Redemption of Bonds. Whenever the amounts contained in the Sinking Fund and the Operation Fund are sufficient, together with any other funds deposited with the Trustee by the Authority (other than amounts deposited into the Rebate Fund), to redeem, upon the next redemption date, all 2023 Bonds secured thereby then outstanding, the Trustee shall apply the amounts in such Funds to the redemption of such 2023 Bonds pursuant to Article IV hereof.