Examples of Series 2014A Certificates in a sentence
The notice shall be accompanied by directions for the purchase of Series 2014A Certificates pursuant to Section 307(c) hereof.
The Series 2014A Certificates of Participation were issued in order to provide funds necessary to fully advance refund the Series 2002 Certificates of Participation and partially advance refund the Series 2004B Certificates of Participation and refinance the Series 2002 and Series 2004B facilities that the District has acquired, constructed and installed from the proceeds of the Series 2002 and Series 2004B Certificates of Participation.
Such purchase shall be made on the date the Special Purchase Series 2014A Certificates are otherwise scheduled to be prepaid at the Special Purchase Price.
The total of all Lease Terms of the Series 2004-1 Lease is expected to be approximately twenty-five (25) years consisting of an “Original Term” of one day, June 30, 2004, and twenty-five (25) Renewal Terms, each from July 1 through and including June 30 of the next succeeding calendar year, commencing July 1, 2004, and ending June 30, 2029, provided that on such date no Series 2004C Certificates, Series 2012A Certificates or Series 2014A Certificates are “Outstanding” under the Trust Agreement.
The Series 2014A Certificates are currently in an Index Floating Rate period which will terminate on January 2, 2020.
Series 2014A Certificates shall be subject to prepayment if the School Board elects to prepay the principal portion of Basic Lease Payments due under the Series 2004 Lease at the times, and in the amounts provided below.
In addition, the direction of the School Board shall be accompanied by a form of notice to be mailed by the Trustee to the holders of Series 2014A Certificates subject to such Conversion as provided in Section 202(c)(iii).
In connection with a mandatory tender pursuant to Section 307(d), the Trustee is not required to give notice to Owners other than the notice of optional prepayment required in accordance with the Series 2014A Trust Agreement; provided, however, in the event that all Series 2014A Certificates shall be held in a book-entry-only system, the Trustee shall give notice of such mandatory tender to the Securities Depository.
The total aggregate principal amount of Series 2014A Certificates that may be outstanding shall not exceed$ ,000, except as provided in Section 2.04 of the Original Indenture with respect to the replacement of mutilated, lost, stolen or destroyed Certificates.
Series 2014A Certificates are subject to mandatory prepayment prior to maturity in part from payments of the Series 2014A Principal as set forth in the Series 2004 Lease, through the operation of a sinking fund on each July 1 in the years and in the amounts set forth below at a Prepayment Price of par plus the interest accrued to the Prepayment Date; provided, however, while a Letter of Credit is in effect, mandatory prepayments shall be paid first from a draw on the Letter of Credit.