Sinking Fund Payments. As and for a Sinking Fund for the retirement of Sinking Fund Securities, the Company will, until all such Securities are paid or payment thereof is duly provided for, deposit in accordance with Section 3A.06, at such times and subject to such terms and conditions as shall be specified in the provisions of such Securities and the Authorizing Resolutions and/or supplemental indenture (if any) relating thereto, such amounts in cash or such other Required Currency as shall be required or permitted under such provisions in order to redeem Securities on the specified Redemption Dates at a Redemption Price equal to their principal amounts, less in each such case the amount of any credit against such payment received by the Company under Section 3B.
Sinking Fund Payments. The Issuer shall not be required to make sinking fund payments with respect to the Notes.
Sinking Fund Payments. As and for a Sinking Fund for the retirement of Sinking Fund Securities, the Company will, until all such Securities are paid or payment thereof is duly provided for, deposit in accordance with Section 1106, at such times and subject to such terms and conditions as shall be specified in the provisions of such Securities and the Authorizing Resolution and supplemental indenture (if any) relating thereto, such amounts in cash as shall be required or permitted under such provisions in order to redeem Securities on the specified Redemption Dates at a Redemption Price equal to their principal amounts, less in each such case the amount of any credit against such payment received by the Company under Section 1202. Each such Sinking Fund payment shall be applied to the redemption of Securities on the specified Redemption Date as herein provided.
Sinking Fund Payments. As and for a Sinking Fund for the retirement of Sinking Fund Securities, the Company will, until all such Securities are paid or payment thereof is duly provided for, deposit in accordance with Section 3A.06, at such times and sub- ject to such terms and conditions as shall be specified in the provisions of such
Sinking Fund Payments. (a) Any amount accumulated in the Revenue Account (including the specific subaccounts created therein with respect to specific Series of Bonds) up to the unsatisfied balance of each Sinking Fund Payment may, and if so directed in writing by the Authority shall, be applied (together with amounts accumulated in the Revenue Account with respect to interest on the 2024 Series C Term Bonds for which such Sinking Fund Payment was established) by the Trustee prior to the forty-fifth day preceding the due date of such Sinking Fund Payment as follows:
(i) to the purchase of 2024 Series C Term Bonds of the Series and maturity for which such Sinking Fund Payment was established, at prices (including any brokerage and other charges) not exceeding the Redemption Price for such 2024 Series C Term Bonds when such 2024 Series C Term Bonds are redeemable by application of such Sinking Fund Payment, plus unpaid interest accrued to the date of purchase, such purchases to be made in such manner as the Trustee shall determine; or
(ii) to the redemption, pursuant to Article VI of the Master Indenture and the provisions hereof, of such 2024 Series C Term Bonds if then redeemable by their terms at the Redemption Price referred to in clause (i) hereof, plus unpaid interest accrued to the Redemption Date.
(b) Upon the purchase or redemption of any 2024 Series C Term Bonds pursuant to subsection (a) of this Section or from amounts in the Redemption Account, an amount equal to the principal amount of the 2024 Series C Term Bonds so purchased or redeemed shall be credited toward each such Sinking Fund Payment thereafter to become due with respect to the 2024 Series C Term Bonds of such maturity, in an amount as nearly as may be practicable in multiples of $5,000 bearing the same ratio to such Sinking Fund Payment as the total principal amount of such 2024 Series C Term Bonds so purchased or redeemed bears to the total amount of all Sinking Fund Payments to be credited, unless otherwise instructed in writing by an Authorized Officer at the time of such purchase or redemption. The portion of any Sinking Fund Payment remaining after the crediting thereto of any such amounts (or the original amount of any such Sinking Fund Payment if no such amounts shall have been credited toward the same) shall constitute the unsatisfied balance of such Sinking Fund Payment for the purpose of calculating Sinking Fund Payments due on a future date.
(c) As soon as practicable after the forty-fifth day pre...
Sinking Fund Payments. 28 SECTION 4.02. Satisfaction of Sinking Fund Payments with Securities ................................... 28 SECTION 4.03. Redemption of Securities for Sinking Fund ...... 29
Sinking Fund Payments. Maturity. The Bonds maturing on September 1, 20 (the “20 Term Bonds”) will be called before maturity and redeemed, from the Sinking Fund Payments that have been deposited into the Redemption Account established under the Indenture, on September 1, 20 , and on each September 1 thereafter prior to maturity, in accordance with the schedule of Sinking Fund Payments set forth below. The 20 Term Bonds so called for redemption will be selected by the Trustee by lot and will be redeemed at a redemption price for each redeemed 20 Term Bond equal to the principal amount thereof, plus accrued interest to the redemption date, without premium, as follows:
Sinking Fund Payments. Maturity. If the District purchases Term Bonds during the Fiscal Year immediately preceding one of the sinking fund redemption dates specified above, the District will notify the Trustee at least 45 days prior to the redemption date as to the principal amount purchased, and the amount purchased will be credited at the time of purchase to the next Sinking Fund Payment for the Term Bond so purchased, to the extent of the full principal amount of the purchase. All Term Bonds purchased will be cancelled pursuant to the Indenture. In the event of a partial optional redemption or special mandatory redemption of the Term Bonds, each of the remaining Sinking Fund Payments for such Term Bonds will be reduced, as nearly as practicable, on a pro rata basis.
Sinking Fund Payments. Triumph shall not be required to make sinking fund payments with respect to the Notes.
Sinking Fund Payments. 86 Section 11.02
