Examples of Reoptimization Date in a sentence
In the case of a redemption of the Series C Secured Certificates pursuant to Section 2.10(f) above, the amount of such Series C Secured Certificates to be redeemed shall be redeemed on the Reoptimization Date.
The Owner Trustee shall have the right, on the Reoptimization Date, to modify the schedule of principal payments of the Certificates subject to the terms and conditions set forth in Section 1(c)(ii) of the Participation Agreement.
The Owner Participant shall have also received an opinion of Owner Participant's Special Tax Counsel, dated the applicable Refunding Date or Reoptimization Date, and addressed to the Owner Participant, that the issuance of the Refunding Bonds to be issued and the consummation of the other transactions to be consummated on such date shall not result in any adverse tax consequences to the Owner Participant.
Notwithstanding the foregoing provisions of this Section 10(c)(5), on any Reoptimization Date which is not a Refunding Date, the opinions of Owner Trustee's Counsel and Owner Participant's Special Louisiana Counsel shall not be required.
Any amendment to such Schedules shall not vary the Mandatory Economic Terms and on the Reoptimization Date the Lessee shall deliver a certificate to the Pass Through Trustee and the Liquidity Providers signed by the Vice President and Treasurer or any other authorized officer of the Lessee certifying to such effect.
The Lessee, on behalf of the Owner Trustee, shall provide written notice to the Indenture Trustee on the Reoptimization Date and any Adjustment Date of any increase or decrease in the principal amount of the Series C Certificates pursuant to Section 2.19 of the Indenture and of the aggregate principal amount of the Series C Certificates, if any, which shall then be subject to prepayment on the Series C Prepayment Date pursuant to this Section 2.03(b).
If the Reoptimization Date or any Adjustment Date occurs later than the Delivery Date, the Lessee shall cause any required filing and recording of the affected documents with the Aeronautics Authority to be effected on such date.
On the Reoptimization Date, any Adjustment Date, and on the Series C Prepayment Date in the event of any prepayment of such Series C Certificates, the Owner Trustee shall deliver and the Subordination Agent on behalf of the Pass Through Trustee of each Pass Through Trust shall accept delivery of an amended Schedule I to each Certificate containing such changed principal installments.
If the Initial Owner Participant transfers its Beneficial Interest to one or more Owner Participants on the Delivery Date (as contemplated by Section 3.02(a) hereof (or, if earlier, the Transfer Date), then, no later than 20 days following the Delivery Date (the "Reoptimization Date"), the Owner Trustee may elect to amend such Schedules to reflect the actual Owner's or Owners' Economic Return and any changes to the Assumptions.
The Owner Trustee will give not less than 10 days' notice of the Reoptimization Date.