Examples of Series 2014 Certificates in a sentence
The proceeds of the Series 2014 Certificates will be used to advance refund and defease the Refunded Certificates, to fund the 2014 Reserve Fund through the purchase of a surety bond and to defray the costs of issuance of the Series 2014 Certificates, including a municipal bond insurance premium.
The County issued Series 2014 Certificates in the aggregate principal amount of $24,815,000.
The Series 2014 Certificates are dated as of July 8, 2014 and bear interest at 2.00% to 4.00% payable semiannually on April 1 or October of each year, commencing October 1, 2014.
For every transfer and exchange of a beneficial ownership interest in the Series 2014 Certificates, a Beneficial Owner may be charged a sum sufficient to cover any tax, fee or other governmental charge that may be imposed in relation thereto.
Beneficial Owners of the Series 2014 Certificates will not receive nor have the right to receive physical delivery of Series 2014 Certificates, and will not be or be considered to be holders thereof under the Trust Agreement, except as specifically provided in the event the book-entry system is discontinued.
The Series 2014 Certificates evidence assignments of proportionate undivided interests in rights to receive Revenues under the Original Lease Agreement as supplemented by the Second Supplement to Lease Agreement.
Principal, premium, if any, and interest payments on the Series 2014 Certificates will be made to DTC or its nominee, Cede & Co., as registered owner of the Series 2014 Certificates.
The Certificate Fund shall be used to pay the principal of, and interest on the Series 2014 Certificates in accordance with Section 3.02 of the Original Trust Agreement.
Certificates of Participation The School District issued $3,820,000 in Series 2014 Certificates of Participation that will, in combination with additional funding from the School District and funding from the Ohio Classroom Facilities Assistance Program, finance construction of a new Kramer Elementary School.
The Series 2014 Certificates are payable solely from Revenues under the Lease Agreement, which Revenues are to be held in trust by the Trustee for such purposes in the manner and to the extent provided in the Trust Agreement.