MDTA definition
Examples of MDTA in a sentence
The MDTA hereby adopts the form of Series 2024A Bonds set forth in Appendix A and all of the covenants and conditions set forth therein, as and for the form of obligation to be incurred by the MDTA as the Series 2024A Bonds.
All Bonds issued within the limitations and provisions of the Trust Agreement shall be secured equally and ratably by the Revenues and other moneys pledged by the MDTA, to the extent provided in the Trust Agreement.
The Series 2024A Bonds maturing on or after July 1, 2035 are subject to redemption prior to maturity, beginning on July 1, 2034 at the option of the MDTA, as a whole or in part at any time, at a redemption price equal to the par amount thereof together with interest accrued to the date fixed for redemption.
The covenants and conditions set forth in the form of Series 2024A Bond are incorporated into this Thirteenth Supplemental Agreement by reference and shall be binding upon the MDTA as though set forth in full herein.
If less than all of the Series 2024A Bonds shall be called for redemption, the particular maturities of the Series 2024A Bonds to be redeemed shall be selected by the MDTA.
Capitalized terms used by not defined herein shall have the meaning set forth in the Second Amended and Restated Trust Agreement dated as of September 1, 2007 (the “2007 Trust Agreement”), between the MDTA and The Bank of New York Mellon, as trustee.
Reference is hereby made to the Trust Agreement for a description of the funds, revenues and charges pledged thereunder, the nature and extent of the security created or to be created, and the rights, limitations of rights, obligations, duties and immunities of the MDTA, the Trustee and the Bond Registrar and Paying Agent for the Series 2024A Bonds and the rights of the registered owners of the Series 2024A Bonds.
Certified copies of the Trust Agreement are on file at the Designated Office of the Trustee and at the offices of the MDTA in Baltimore, Maryland.
In selecting Series 2024A Bonds for redemption, the MDTA shall treat each Series 2024A Bond as representing the number of Series 2024A Bonds that is obtained by dividing the principal amount of such Series 2024A Bond by the minimum Authorized Denomination authorized by this Thirteenth Supplemental Agreement.
The MDTA and the Trustee may require the person requesting any such exchange or transfer to reimburse them for any tax or other governmental charge payable in connection therewith.