Terms of Certificates. The Certificates shall be in denominations of $5,000 each or any integral multiple thereof, numbered serially and bearing the Date of Delivery and the Maturity Date, it being the intention that the Certificates be executed and delivered in such principal amount, denominations, dated date, maturity date and interest rate as may be necessary in order for the Certificates to conform with the corresponding terms of the Notes. Both the principal and the interest with respect to the Certificates shall be payable by check or wire transfer in lawful money of the United States of America, but only upon presentation and surrender thereof at the office of the Fiscal Agent.
Terms of Certificates. The Certificates shall be in Authorized Denominations, numbered serially and bearing the Date of Delivery and the Maturity Date, it being the intention that the Certificates be executed and delivered in such principal amount, denominations, dated date, maturity date and interest rate as may be necessary in order for the Certificates to conform with the corresponding terms of the Notes. Both the principal and the interest with respect to the Certificates shall be payable by check or wire transfer in lawful money of the United States of America, but only upon presentation and surrender thereof at the office of the Fiscal Agent.
Terms of Certificates. Principal represented by the Certificates is payable on September 1 in each of the respective years and in the respective amounts, and interest represented thereby is computed at the respective rates, as follows: Maturity Date (September 1) Principal Amount Interest Rate Maturity Date (September 1) Principal Amount Interest Rate
Terms of Certificates. (a) On the Closing Date the --------------------- Owner Trustee shall issue loan certificates in two series in an aggregate original principal amount of $31,692,164.38: one series shall be designated "Series A Loan Certificates", shall be in an aggregate original principal amount of $19,683,472.13 and shall be issued to the Loan Participants designated as receiving same pursuant to section 1.1 (a) (ii) of the special participation agreement (or their nominees) in such amounts as shall be set forth in said section 1.1 (a) (ii); and a second series shall be designated "series b loan certificates", shall be in an aggregate original principal amount of $12,008,692.25 and shall be issued to the Loan Participants designated as receiving same pursuant to Section 1.1(a) (ii) of the Special Participation Agreement (or their nominees) in such amounts as shall be set forth in said Section 1.1(a) (ii).
(b) The principal of the Certificates shall be due and payable on each Payment Date as follows:
(1) with respect to the Series A Certificates in sixty-four (64) consecutive installments as provided in Annex I; and
(2) With respect to the Series B Certificates in sixty-four (64) consecutive installments as provided in Annex ii.
(c) Each Certificate shall bear interest on the unpaid principal amount thereof from time to time outstanding from and including the date thereof until such principal amount is paid in full. Such interest on each Certificate shall accrue at the Interest Rate and shall be payable in arrears on each Interest Payment Date and on the date such Certificate is paid in full. Interest hereunder and under the Certificates shall be calculated on the basis of a year of 360 days and actual days elapsed. If any sum payable under the Certificates or under this Indenture falls due on a day which is not a Business Day, then such sum shall be payable on the next succeeding Business Day, without (so long as payment is made on such succeeding Business Day) additional interest as a result of such extension. Each Certificate shall bear interest at the applicable Past Due Rate on any principal thereof and interest and other amounts due TRUST INDENTURE thereunder and hereunder not paid when due (whether at stated maturity, by acceleration or otherwise) for any period during which the same shall be overdue, payable on demand by the respective Certificate Holder given through the Indenture Trustee.
(d) The Certificates shall be executed on behalf of the Owner Trustee by o...
Terms of Certificates. Each Certificate shall be dated the date of its issuance and shall specify the interest in the Company of the holder thereof. The Chief Financial Officer hereby is authorized, empowered and directed, for and on behalf of the Company, to execute and deliver a Certificate to each Member admitted to the Company pursuant to this Agreement.
Terms of Certificates. (a) On the Closing Date the Borrower shall issue Certificates in an aggregate original principal amount equal to the Financed Amount to the Certificate Holders (or their respective nominees) in such amounts as shall be set forth in Schedule II to the Loan Agreement. Each Certificate shall bear interest on the unpaid principal amount thereof from time to time outstanding from and including the date thereof until such principal amount is paid in full. Such interest shall accrue with respect to each Interest Period at the Applicable Rate in effect for such Interest Period and shall be payable in arrears on each Interest Payment Date and on the date such Certificate is paid in full.
(b) The principal of the Certificates shall be due and payable in consecutive installments as set forth in Annex A to each Certificate.
(c) Each Certificate shall bear interest at the Past Due Rate on any principal thereof and, to the extent permitted by applicable law, interest and other amounts due thereunder and hereunder, not paid when due (whether at stated maturity, by acceleration or otherwise), for any period during which the same shall be overdue, payable on demand by the respective Certificate Holder given through the Indenture Trustee.
(d) The Certificates shall be executed on behalf of the Borrower by one of its authorized officers. Certificates bearing the signatures of individuals who were at any time the proper officers of the Borrower shall bind the Borrower, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Certificates or did not hold such offices at the respective dates of such Certificates. No Certificates shall be issued hereunder except those provided for in Section 2.02(a) and any Certificates issued in exchange or replacement therefor pursuant to the terms of this Indenture. Each Certificate issued under this Section 2.02 shall be dated as of the Closing Date. No Certificate shall be secured by or entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Certificate a certificate of authentication in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized officers and such certificate upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder.
Terms of Certificates. 18 10.3 Payment from Proceeds of Trust Estate Only....................... 18 10.4 Place and Manner of Payment...................................... 19
Terms of Certificates. Each Certificate issued to the Certificate --------------------- Holders shall be dated the date of its issuance and shall contain a statement by the Trustee that the holder of such Certificate has an undivided beneficial interest in the Trust Estate equal to the percentage interest set forth therein and is entitled to receive the Certificate Holder Yield, the Certificate Holder Contributions, any portion of Transactional Expenses payable to the Lessor and the Certificate Holders, and such other amounts as are described under the Operative Agreements as being paid on account of or in connection with the Certificate Holder Contributions.
Terms of Certificates. 30 SECTION 2.03. Taxes................................................. 31 SECTION 2.04. Payments from Indenture Estate and Collateral Only....................................... 33 SECTION 2.05. Method of Payment..................................... 34 SECTION 2.06. Application of Payments............................... 35 SECTION 2.07. Termination of Interest in Indenture Estate................................................ 35 SECTION 2.08. Registration, Transfer and Exchange of Certificates.......................................... 35 SECTION 2.09. Mutilated, Destroyed, Lost or Stolen Certificates.......................................... 37 SECTION 2.10. Payment of Expenses on Transfer....................... 37 SECTION 2.11. Prepayment............................................ 38 SECTION 2.12. Provisions Relating to Prepayment..................... 38 SECTION 2.13. Purchase Option....................................... 39 SECTION 2.14.
Terms of Certificates. Principal represented by the Certificates is payable on October 1 in each of the respective years and in the respective amounts, and interest represented thereby will be computed at the respective rates, as follows:
