Examples of Series 2001A Bonds in a sentence
The net proceeds of the Series 2001A Bonds were used to purchase from the County all of the County’s right, title and interest, under the MSA and the Decree, including the Tobacco Settlement Revenues (“TSR”).
This Supplemental Guarantee Agreement shall form a part of the Guarantee Agreement for all purposes, and every Holder of Series 2001A Bonds heretofore or hereafter authenticated and delivered shall by bound hereby.
The payment of the Series 2001A Bonds is dependent on the receipt of TSRs. The amount of TSRs actually collected is dependent on many factors including cigarette consumption and the continued operations of the OPMs. Such bonds are secured by and payable solely from TSRs and investment earnings pledged under the bond indenture, and amounts established and held in accordance with the bond indenture.
The Series 2001A Bonds refunded mature in the years 2012 through 2021.
Failure to pay interest on the Series 2001A Bonds when due or principal of the Series 2001A Bonds when due on a rated maturity date will constitute a default.
In the event the total principal amount of Series 2001A Bonds elected to be treated in Option B exceeds $81,110,000 (assuming that all other requirements for valid and effective exercise shall have been satisfied) (in such event a "2001A Oversubscription") the amount of the Series 2001A-1 and Series 2001A-2 New Securities distributed to each such Holder electing Option B shall be determined as follows.
Oracle Corporation, the owner or controlling entity of eight of the Parcels in the District, prepaid its Special Taxes prior to the issuance of the Series 2001A Bonds, and such Parcels are not Taxable Parcels.
Baum & Company, Wichita, Kansas, as Financial Advisor, to subscribe for the United States Treasury Securities to be purchased and deposited in the escrow for the Series 2001-A Bonds and to provide for notice of redemption of the Series 2001-A Bonds.
A portion of the proceeds from the issuance of the bonds, once deposited in an escrow account, was used in connection with a partial defeasance of the Series 2001A Bonds.
In such event, each such Holder shall additionally be deemed to have elected Option A for an amount that equals the principal amount of Series 2001A Bonds owned by such Holder and initially elected to be treated in Option B less a number that equals its Oversubscription Allocation divided by .6.