Examples of Full Funding Date in a sentence
If the Note is eligible for the Amortization Period under Section 3(c) of the Note Purchase Agreement, however, then the City will not be required to prepay the Note on the Full Funding Date and the Note will continue to be Outstanding and will be prepaid during the Amortization Period as set forth in Section 3(c) of the Note Purchase Agreement.
The City shall prepay the Note in whole on the Full Funding Date at a prepayment price equal to 100% of the principal amount thereof, without premium, plus the accrued interest thereon to the Prepayment Date.
If the City provides to the Purchaser written notice by noon on the Full Funding Date of its intent to not repay the Bond pursuant to the terms of the Purchase Agreement, accompanied by a certificate signed by the Chief Financial Officer to the effect that the City is, as of the Full Funding Date, in compliance with all conditions set forth in the Purchase Agreement, then the Bond shall be deemed eligible for the Amortization Period under the Purchase Agreement.
The Bonds are required to be redeemed in part before maturity by the Authority on March 5 in the years and amounts as the Authority, the Purchaser and the Land Owner shall agree following the Full Funding Date and the determination of the final Principal Amount and the application of the provisions of Section 4.3(b) as set forth in the Advance Termination Notice.
The Bonds shall be deemed to be redeemed in part on the Full Funding Date (as defined in the Indenture) in the amount representing the difference between the Stated Principal Amount (as defined in the Indenture) and the Principal Amount in accordance with the provisions of Section 3.3(d) of the Indenture.