Examples of Series 2003B Bonds in a sentence
In connection with the mandatory tender of the Series 2003-B Bonds required by the Indenture, the interest rate was converted to a Long Term Interest Rate equal to the OCIP Rate.
On November 24, 2008, OCTA remarketed the $100,000,000 Series 2003-B Bonds, which were purchased by the Orange County Investment Pool (OCIP).
On June 15, 2016 Wells Fargo Bank, National Association agreed to purchase all of the outstanding Series 2003B Bonds (all of which will be subject to mandatory tender on June 15, 2019) having the terms provided in this Second Amended and Restated Sixth Series Resolution pursuant to the terms of the Amended and Restated Continuing Covenants Agreement dated June 15, 2016 (the “Continuing Covenant Agreement”), between the Bank and Wells Fargo Bank, National Association.
On December 20, 2010, OCTA entered into a new transaction with OCIP for the Series 2003-B Bonds at a 1.55% rate.
On June 17, 2011 the direct pay letters of credit associated with the Bank's Revenue Refunding Bonds, Series 2003B (the "Series 2003B Bonds") expired.
The objectives of Allied are: (i) to provide Unitholders with stable and growing cash distributions from investments in income-producing office properties in Canada; and (ii) to maximize Unit value through ongoing active management of Allied’s assets and the acquisition of additional office properties .
The Series 2003-B Bonds had a mandatory tender date of August 15, 2013.
In order to pay off the Series 2003B Bonds, the Bank entered into the following direct placement loans: (1) $180,150,000 Revenue Refunding Bonds, Series 2003B‐1‐2 with Bank of America, N.A. and (2) $180,100,000 Revenue Refunding Bonds, Series 2003B‐2‐3 with Wells Fargo Bank, National Association.
On June 17, 2011 the direct pay letters of credit associated with the Bank's Revenue Refunding Bonds, Series 2003B (the "Series 2003B Bonds") issued by Bank of America, N.A.; Branch Banking & Trust and Wachovia Bank, National Association expired.
On June 18, 2008 the Bank exercised its option to convert the interest rate mode from the Auction Rate mode to a Variable Rate Demand Obligation mode for the Series 2003B Bonds.