Examples of Current Bonds in a sentence
On 6 June 2018, the Company decided to exercise its issuer’s option to redeem and redeem all registered Current Bonds as at the record date.
The Issuer’s ordinary shares and the Current Bonds in Issue were first admitted to the Official List of the MSE on 7 October 2009, and trading commenced on 8 October 2009.
The City has taken all steps necessary under the Internal Revenue Code of 1986, as amended, and related Treasury Regulations to reissue the Current Bonds as “qualified 501(c)(3) bonds,” and Tenant has delivered all documents required to be delivered by Tenant under section 15 hereof.
As agreed in the relevant terms of prospectuses for the Current Bonds, the Company can decide whether to exercise its issuer’s option to redeem on the 30th trading day prior to the interest payment date of the 2nd interest-bearing year.
The total principal amount and total interest of the Current Bonds repaid by the Company reached RMB5 billion and RMB165 million, respectively.
The Tenant recognizes that a change in use of the Leased Property, or a change in the ownership of the Leased Property, could result in interest on the Current Bonds or any New Bonds becoming includable in gross income for federal income tax purposes, gross income to the Tenant from an unrelated trade or business, or the denial of an interest deduction under the Code.
Opinion of nationally-recognized bond counsel selected by the City (“Bond Counsel”) this Lease will not impair the tax-exempt status of the Current Bonds.
All rent payments shall be equal to the principal and interest due and payable on all Current Bonds outstanding as of the date of this Lease, together with principal and interest due and payable on any New Bonds issued under Section 19 hereof.
A notice of assessment and payment of contractual assessment required has been duly recorded against each Participating Parcel securing any of the Current Bonds pursuant to Chapter 29 and the Bond Act and there has been created a first priority security interest in and to the Assessment levied against each such Participating Parcel and the other Collateral pledged for the payment of each Series of Current Bonds pursuant to the applicable Assessment Contract, the Bond Act, Chapter 29 and the Indenture.
The forms of the Current Bonds, which are substantially in the form set forth in Attachment A to Exhibit A to the Indenture, with appropriate or necessary insertions, omissions and variations required to conform to Schedule I to this Certificate and permitted by the Indenture, duly executed as required by Section 2.4 of the Indenture, are contained in Attachment A to this Certificate.