Examples of Series 2014 Certificates in a sentence
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 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.
The Depository Trust Company, New York, New York (“DTC”), will act as securities depository for the Series 2014 Certificates, and the ownership of one fully registered Series 2014 Certificate for each maturity, each in the aggregate principal amount of such maturity, will be registered in the name of Cede & Co., as nominee for DTC.
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.
Payments by DTC Participants and Indirect Participants to Beneficial Owners of the Series 2014 Certificates will be the responsibility of such DTC Participant or Indirect Participant and not of DTC, the Trustee, the Registrar, the Corporation or the County.
The Series 2014 Certificates shall be issuable solely as fully registered Series 2014 Certificates without coupons in denominations of $5,000 or integral multiples thereof.
So long as the only Registered Owner of the Series 2014 Certificates is a Securities Depository or a nominee of a Securities Depository, such selection shall be subject to the procedures of the Securities Depository.
The City hereby certifies that nothing contained in this Fourth Supplemental Lease or the Fourth Supplemental Declaration of Trust shall be deemed to be a material modification of the Series 2008 Certificates, the Series 2014 Certificates, the Series 2016 Certificates or the Series 2020 Certificates for the purposes of the Foreign Account Tax Compliance Act (“FATCA”).