Examples of Refunded Bonds Indenture in a sentence
It is acknowledged and agreed that $6,000,000 in principal amount of the Series 1996 Bonds do not constitute Refunded Bonds and will remain outstanding under the Refunded Bonds Indenture.
On November 30, 1995 all moneys on deposit in the Refunding Fund shall be disbursed by the Trustee as provided in Section 5.02 of the Indenture to the Refunded Bonds Trustee for deposit in the Bond Fund created in the Refunded Bonds Indenture and applied by the Refunded Bonds Trustee to the payment of principal of and interest on the Refunded Bonds on their redemption on December 1, 1995.
The Company hereby requests that the Authority notify the Refunded Bonds Trustee (unless the Refunded Bonds Trustee has already received such notice), pursuant to Section 4.03 of the Refunded Bonds Indenture, that the entire outstanding principal amount of the Refunded Bonds is to be redeemed on December 1, 1995 at a redemption price of 102-1/2% of the principal amount thereof plus accrued interest to that redemption date.
However, just a cursory glance at some available statistics is overwhelmingly convincing that interest does need such reexamination.
On a date or dates to be designated by the Company, the Trustee will disburse the proceeds of the initial sale of the Bonds and any investment earnings thereon to the Refunded Bonds Trustee, along with any other necessary moneys of the Company, for deposit in the bond fund created under the Refunded Bonds Indenture to be applied to pay the redemption price of the Refunded Bonds upon call for redemption.