Series 2012A Certificates definition

Series 2012A Certificates means the $[PAR AMOUNT] Certificates of Participation, Series 2012A Evidencing Undivided Proportionate Interests of the Owners thereof in Basic Lease Payments to be made by the School Board of Broward County, Florida, as Lessee, pursuant to a Master Lease Purchase Agreement with Broward School Board Leasing Corp., as Lessor.

Series 2012A Certificates means the $[PAR AMOUNT] Certificates of Participation, Series 2012A dated as of [CLOSING DATE], issued under the Trust Agreement and evidencing undivided proportionate interests of the owners thereof in Basic Lease Payments to be made by the School Board pursuant to the Master Lease.

Series 2012A Certificates a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2012A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2012A Certificates pursuant to Section 301 or 303 of the Series 2012A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement; or Series 2014A Certificates: (i) a prepayment or a prepayment deposit of the principal portion of Basic Lease Payments represented by such portion of the Series 2014A Certificates pursuant to Section 7.2 or 7.3 of the Master Lease, and prepayment or defeasance of a portion of Series 2014A Certificates pursuant to Section 301 or 303 of the Series 2014A Supplemental Trust Agreement or Section 801 of the Master Trust Agreement, (ii) a change to the mandatory sinking fund prepayments in accordance with Section 302 of the Series 2014A Supplemental Trust Agreement in connection with a change in the method of calculation of the interest portion of the Basic Lease Payments. Notwithstanding anything to the contrary herein, during the Applicable Period, the mandatory sinking fund prepayments during an Amortization Period shall be changed in accordance with Section 7 of Appendix I to the Series 2014A Supplemental Trust Agreement; that is during an Amortization Period (as defined in Appendix I to the Series 2014A Trust Agreement), the principal portion of the Basic Lease Payments and the Lease Payment Dates thereof will correspond to the amounts and due dates of the Amortization Payments. .

Examples of Series 2012A Certificates in a sentence

• The Series 2012A Certificates shall be lettered and numbered R-1 and upward.

• The Series 2012A Certificates shall be issuable as fully registered Certificates without coupons in denominations of $5,000 and integral multiples thereof.

• The Principal Component represented by the Series 2012A Certificates due at maturity or upon prepayment thereof shall represent a fractional undivided interest in the Principal Component of the Basic Rent Payments due on the Basic Rent Payment Date set forth on Lease Schedule No. 2002 on a pro rata basis with the unrefunded Series 2002 Certificates and the Series 2005C Certificates.

• Said interest shall represent a fractional undivided interest in the Interest Component of Basic Rent Payment due on the Basic Rent Payment Date as set forth with respect to the Series 2012A Certificates on Lease Schedule No. 2002, to and including the maturity or earlier prepayment date of each Series 2012A Certificate.

• The Interest Component represented by the Series 2012A Certificates shall be payable on the Basic Rent Payment Date as set forth herein.

More Definitions of Series 2012A Certificates

Series 2012A Certificates means the $[PAR AMOUNT] aggregate principal amount of Certificates of Participation (The School Board of Lake County, Florida, Master Lease Program) Series 2012A Evidencing Fractional Undivided Interests of the Owners thereof in Basic Rent Payments to be made under a Master Lease-Purchase Agreement by The School Board of Lake County, Florida authorized to be issued under Section 4.01 of the Trust Agreement and Section 201 hereof.

Series 2012A Certificates means the City’s Certificates of Participation (Bank Qualified), Series 2012A.

Series 2012A Certificates means the Issuer’s $6,235,000 original principal amount Certificates of Participation (Bank Qualified), Series 2012A, issued December 19, 2012, the proceeds of which financed new money capital expenditures.