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 will 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. 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. 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. 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. (a) Issuer's Obligation to Make Sinking Fund Payments; Conversion Rights.
(i) The Issuer shall pay to each holder of any Note on each of [Anniversary Date], 2000, [Anniversary Date], 2001, [Anniversary Date], 2002 and [Anniversary Date], 2003, if necessary (each a "Sinking Fund Payment Date") such Note's Pro Rata Share of the Sinking Fund Payment Amount for such Sinking Fund Payment Date, together with accrued but unpaid interest thereon. Subject to Section 6, the Issuer may pay the Sinking Fund Payment Amount on any Sinking Fund Payment Date, at the Issuer's option, by (x) converting the entire Sinking Fund Payment Amount into Common Stock as provided in Section 5(a)(ii) below or (y) either paying cash for the entire Sinking Fund Payment Amount or paying cash for a portion and converting the remaining portion of such Sinking Fund Payment Amount into Common Stock, in each case as provided in Section 5(a)(iii) below. The payment of a Sinking Fund Payment Amount in accordance with Section 5(a)(ii) or (iii) shall constitute a repayment of the outstanding principal amount of this Note by the amount of this Note's Pro Rata Share of such Sinking Fund Payment Amount, and the outstanding principal amount of this Note shall thereupon be reduced by such amount.
(ii) If the Issuer elects to pay a Sinking Fund Payment Amount by converting the entire Sinking Fund Payment Amount into Common Stock, a portion of this Note equal to 75% of this Note's Pro Rata Share of such Sinking Fund Payment Amount shall be converted into Common Stock at a conversion price per share of Common Stock equal to the Conversion Price and a portion of this Note equal to 25% of this Note's Pro Rata Share of such Sinking Fund Payment Amount shall be converted into Common Stock at a conversion price per share of Common Stock equal to the Average Closing Price on such Sinking Fund Payment Date. The delivery of such shares to the Holder in accordance with Section 5(b)(iii) shall constitute payment of this Note's Pro Rata Share of such Sinking Fund Payment Amount on the applicable Sinking Fund Payment Date.
(iii) If the Issuer elects to pay cash for an entire Sinking Fund Payment Amount or to pay cash for a portion and to convert the remaining portion of such Sinking Fund Payment Amount into Common Stock the following shall apply:
(A) If the Issuer elects to pay cash for 25% or less of the Sinking Fund Payment Amount, then (x) the Issuer shall deliver to the Holder on the Sinking Fund Payment Date th...
Sinking Fund Payments. 2048 (Maturity)
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. 86 Section 11.02
