Amortization Installments definition

Amortization Installments means the moneys required to be deposited in a Series Redemption Account within a Series Debt Service Account for the purpose of redeeming and paying when due any Term Bonds, the specific amounts and dates of such deposits to be set forth in a Supplemental Indenture.

Amortization Installments means the moneys required to be deposited in the 2021 Sinking Fund Account within the Debt Service Fund for the purpose of redeeming and paying when due any Term Bonds.

Amortization Installments has the meaning specified in Section 2.5(a).

Examples of Amortization Installments in a sentence

• Any reference to the payment of principal in this Resolution shall be deemed to include the payment of Amortization Installments.

• The Series 2018 Bond maturing on May 1, 20 , is subject to mandatory redemption in part by the Issuer by lot prior to its scheduled maturity from moneys in the Series 2018 Sinking Fund Account established under the Indenture in satisfaction of applicable Amortization Installments at the Redemption Price of 100% of the principal amount thereof, without premium, together with accrued interest to the date of redemption on May 1 of the years and in the principal amounts set forth below: * Final Maturity.

• Moneys in the Reserve Account (or any subaccount therein) shall be used only for the purpose of the payment of maturing principal, interest or Amortization Installments on the Bonds which are secured thereby when the other moneys in the Debt Service Fund are insufficient therefor, and for no other purpose.

• The Series 2017 Bonds maturing on November 1, 20 are subject to mandatoryredemption in part by the Issuer by lot prior to their scheduled maturity from moneys in the Series 2017 Sinking Fund Account established under the Indenture in satisfaction of applicable Amortization Installments at the Redemption Price of 100% of the principal amount thereof, without premium, together with accrued interest to the date of redemption on November 1 of the years and in the principal amounts set forth below: *Maturity.

• No further deposit need be made to the Bond Amortization Account when the moneys therein are equal to the Amortization Installments coming due on the Outstanding Bonds on the next succeeding Amortization Installment due date.

More Definitions of Amortization Installments

Amortization Installments means an amount so designated to be due prior to the Maturity Date. "Authorizing Resolution" means the resolution of the Issuer adopted on May 12, 2022, approving, among other things, the execution and delivery of this Agreement and the issuance of the Series 2022 Bond.

Amortization Installments means the moneys required to be deposited in a Series Redemption Account within a Series Debt Service Account for the purpose of redeeming

Amortization Installments means an amount designated as such pursuant to the authority of this Resolution and in accordance with the Official Notice of Sale and established with respect to Term Bonds.

Amortization Installments means an amount designated as such by subsequent resolution of the Issuer and established with respect to any Term Bonds.

Amortization Installments means an amount designated as such pursuant to the provisions of this Resolution and established with respect to Term Bonds.

Amortization Installments means the amount required to be on deposit to the 2018 Principal Account on May 1 of each year to pay the 2018 Assessment Principal of the 2018 Bonds subject to mandatory sinking fund redemption on such May 1.

Amortization Installments means the amounts, if any, designated as such pursuant to the Purchase Contract and established with respect to Term Bonds.