Refunded Bonds. All outstanding Dade County, Florida, Aviation Revenue Bonds, Series S and Series T.
Refunded Bonds. On the dates and in the amounts set forth on Schedule A, the Escrow Holder shall transfer to Regions Bank, or its successor or assigns, the Paying Agent for the Refunded Bonds, in immediately available funds solely from amounts available in the Escrow Account, a sum sufficient to pay the principal of, interest on and redemption premium, if applicable, on the Refunded Bonds, as shown on Schedule A.
Refunded Bonds. All outstanding Dade County, Florida, Aviation Revenue Refunded Bonds Call Date: The Series K Bonds were called on January 12, 1995. Purpose:
Refunded Bonds. The specific maturities of the Series 2013A Bonds which are defeased with the proceeds of the Series 2020 Bonds. Regulations - Any proposed, temporary, or final income tax regulations issued pursuant to sections 103 and 141 through 150 of the Code, which are applicable to the Parity Bonds. Any reference to any specific Regulation shall also mean, as appropriate, any proposed, temporary, or final income tax regulation designed to supplement, amend, or replace the specific Regulation referenced.
Refunded Bonds. On the dates and in the amounts set forth on Schedule A, the Escrow Agent shall transfer to U.S. Bank National Association, the Trustee for the Refunded Bonds (the “Paying Agent”), in immediately available funds solely from amounts available in the Escrow Account, a sum sufficient to pay the principal of, interest on and redemption premium, if applicable, on the Refunded Bonds, as shown on Schedule A.
Refunded Bonds. Conditioned upon receipt of the deposits to the Escrow Account described in Section 2 hereof, the Borrower, on behalf of the Commission, hereby agrees irrevocably to cause the redemption of the Refunded Bonds on April 1, 2026, in accordance with the terms of the Refunded Indenture and to take all necessary actions in connection therewith. The Escrow Agent (in its capacity as Trustee for the Refunded Bonds) shall send the notice of redemption at least thirty (30) days prior to April 1, 2026, as required by the Refunded Indenture.
Refunded Bonds. The District hereby represents that it has not entered into any contract or agreement that would limit or restrict the District’s ability to refund the Refunded Bonds or enter into this Purchase Agreement for the sale of the Bonds to the Underwriter.
Refunded Bonds. On each interest payment date for the Refunded Bonds, the Escrow Holder shall pay to U.S. Bank National Association, Jacksonville, Florida, the paying agent for the Refunded Bonds, from the cash on hand in the Escrow Account, a sum sufficient to pay that portion of the Annual Debt Service coming due on such date as shown on Schedule A. In the event that the amount on deposit in the Escrow Account is ever insufficient for such purpose, the Escrow Holder shall immediately notify the Issuer of such deficiency, and the Issuer shall have a reasonable time to cure the same.
Refunded Bonds. The Escrow Agent shall take all actions necessary to redeem the Refunded Bonds on June 1, 2019.
Refunded Bonds. Capitalized terms used but not defined herein shall have the meaning set forth in the Prior Resolution.
