Examples of Authorizing Documents in a sentence
The Preferred Stock shall have the rights, preferences and privileges set forth in the Amended and Restated Articles of Incorporation as amended (the "Articles"), and that certain Certificate of Designations, Preferences and Rights of Series B Preferred Stock (the "Certificate of Designation" and together with the Articles, the "Authorizing Documents") authorized by the Company's Board of Directors in accordance with the Articles and as set forth elsewhere herewith.
Such portion of the proceeds of the 2019B Bonds shall be deposited, on behalf of the Authority, with the Escrow Agent pursuant to the Escrow Agreement, to be used immediately upon receipt thereof to defease the Refunded Authority Bonds as authorized by the Authority Bond Authorizing Documents and to pay costs of issuance allocable to that portion of the 2019B Bonds.
For the purpose of realizing a debt service savings, upon the issuance of the 2019B Bonds, the City shall deposit a portion of the proceeds of the 2019B Bonds to the Authority pursuant to the terms of the Authority Bond Authorizing Documents for the purpose of refunding the Refunded Authority Bonds and paying related costs of issuance.
The Escrow Agent is hereby authorized and directed to provide for the giving of notices of the redemption of the Refunded Bonds in accordance with the applicable provisions of the 2012 Bond Ordinance and the Authority Bond Authorizing Documents.
The City hereby sets aside sufficient funds out of the purchase of Acquired Obligations from proceeds of the 2019B Bonds to make the payments described above.The City hereby directs the Authority and the Escrow Agent to call the Refunded Authority Bonds for redemption on their Call Date in accordance with the provisions of the Authority Bond Authorizing Documents authorizing the redemption and retirement of the Refunded Authority Bonds prior to their stated maturity dates.