Examples of Series 2002A Bonds in a sentence
Payment of the purchase price of eligible 2002A Bonds and 2002B Bonds subject to optional or mandatory tender for purchase and not remarketed by the remarketing agent, will be made under and pursuant to, and subject to the terms, conditions and provisions of, a liquidity facility issued by Dexia Credit Local, acting through its New York Agency, with respect to the Series 2002A Bonds; or a liquidity facility issued by BNP Paribas, acting through its New York branch, with respect to the Series 2002B Bonds.
This Supplemental Guarantee Agreement shall form a part of the Guarantee Agreement for all purposes, and every Holder of Series 2002A Bonds heretofore or hereafter authenticated and delivered shall by bound hereby.
Upon their issuance, the 2002A Allocable Portion of the Series 2020A-R1 Refunding Bonds shall be on parity with the Remaining Outstanding Series 2002A Bonds (as defined herein) and shall be entitled to the same benefit and security of the Series 2002A Bond Resolution, including, without limitation, the pledge of the Series 2002A Trust Estate (as defined herein), as the Remaining Outstanding Series 2002A Bonds.
Bond Credit RatingsThe Series 2002-A Bonds have received underlying ratings of “BBB+” from Standard & Poor’s Credit Market Services (“S&P”), “Baa1” from Moody’s Investors Service, Inc.
On the Effective Date, approximately $470,000.00 in the DSRF relating to the Series 2002A Bonds shall be released by the applicable Bond Trustee for the Series 2002A Bonds and transferred to the Master Trustee to be deposited in the Series 2002A Cash Option Subaccount of the Cash Option Funds Account to be used by the Master Trustee to fund the Series 2002A Alternative Cash Payment for the Electing Holders.