Examples of Series 2009 Certificates in a sentence
Any failure to satisfy the final spending requirement shall be disregarded if the Board exercises due diligence to complete the project financed by the Series 2009 Certificates and the amount of the failure does not exceed the lesser of (i) 3% of the issue price of the Series 2009 Certificates or (ii) $250,000.
The Series 2009 Certificates shall be issued for the purposes of (a) financing the acquisition, construction and installation of certain educational and related facilities to be leased to the Board, and (b) paying Costs of Issuance of the Series 2009 Certificates.
Use of Gross Proceeds to redeem Series 2009 Certificates shall not be treated as an expenditure of such Gross Proceeds.
Use of Gross Proceeds to redeem the Series 2009 Certificates shall not be treated as an expenditure of such Gross Proceeds.
Based on TURN’s supplemental testimony, it appears they understood this point.
The proceeds of the Series 2009 Certificates (net of underwriters' discount) shall be disbursed as follows: Deposit to Series 2009 Subaccount of Project Account established for the Series 2009 Certificates .......................................................
The Basic Rent Payment Dates with respect to the Series 2009 Certificates shall be June 15 and December 15 of each year, commencing [June] 15, 2009.
The penalty referred to above shall cease to apply only after the Series 2009 Certificates (including any refunding obligations issued with respect thereto) are no longer outstanding.
The Series 2009 Certificates shall bear interest from their dated date and shall be issuable as fully registered Certificates without coupons in denominations of $5,000 and integral multiples thereof.
To that end, the Corporation and the Board shall comply with all requirements of Section 148 of the Code to the extent applicable to the Series 2009 Certificates.