Examples of Series 2015 Bond in a sentence
If the City determines to replace the Bond Depository with another qualified securities depository or establishes its own book-entry system, the City shall prepare or direct the preparation of a new single, separate, fully registered Series 2015 Bond for each of the maturities of the applicable Series 2015 Bonds, registered in the name of such successor or substitute qualified securities depository or its Nominee.
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No Person other than an owner, as shown on the bond register, shall receive a Series 2015 Bond evidencing the obligation of the City to make payment of principal, Redemption Price, if any, and interest pursuant to this Series 2015 Resolution.
The Series 2015Bonds initially shall be issued in the form of a separate single fully registered Series 2015 Bond (which may be typewritten) for each of the maturities of the Series 2015 Bonds.
The principal installments of the Series 2015 Bond due on and after July 15, 2025, may be redeemed prior to their respective maturities at the option of the Authority, in whole or in part, on any date beginning July 15, 2024, at a redemption price of par, together with interest accrued to the date fixed for redemption.
Upon initial issuance, the ownership of each such Series 2015 Bond shall be registered in the bond register in the name of the Nominee, as nominee of the Bond Depository.
The Series 2015 Bonds shall be registered initially in the name of “CEDE & CO.”, as nominee of DTC, with one Series 2015 Bond maturing on each of the maturity dates for the Series 2015 Bonds in a denomination corresponding to the total principal therein designated to mature on such date.
If the Series 2015 Bonds are no longer held in book-entry only form, any Series 2015 Bond may be surrendered to the Registrar and exchanged, without charge, for an equal aggregate principal amount of Series 2015 Bonds of the same date, maturity and interest rate, in any authorized denomination or denominations.
The Registrar may become the Registered Owner of any Series 2015 Bond with the same rights it would have if it were not the Registrar, and to the extent permitted by law, may act as depository for and permit any of its officers or directors to act as member of, or in any other capacity with respect to, any committee formed to protect the right of the Registered Owners of Series 2015 Bonds.
Failure to give notice as to redemption of any Series 2015 Bond or any defect in such notice shall not invalidate redemption of any other Series 2015 Bond.