Examples of Series 2015C Bonds in a sentence
The City Finance Officer of the City is hereby authorized and directed to attest by his or her manual or facsimile signature the execution of the Series 2015C Bonds.
The City shall on theDate of Delivery of the Series 2015C Bonds apply the proceeds of the sale of the Series 2015C Bonds as follows: (a) the amount equal to the Reserve Requirement, if any, shall be deposited in the Reserve Fund (as defined in the Resolution) and (b) the balance shall be deposited in the Capital Fund.
The Series 2015C Bonds shall bear interest at the interest rate or rates per annum set forth in the 2015C Certificate of Determination and such interest shall be payable on March 1, 2016 and semiannually thereafter on the first day of March and September (each such date being an “Interest Payment Date”) in each year until the City’s obligation with respect to the payment of principal of the Series 2015C Bonds shall be discharged.
The Series 2015C Bonds shall be sold to Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representative of the underwriters named in the Bond Purchase Agreement (the “Underwriter”), at the purchase price and on the terms and conditions set forth in the 2015C Certificate of Determination and a Bond Purchase Agreement (as defined below), with the principal amount, interest rates and maturities as so determined by the Mayor and/or City Finance Officer in accordance with the provisions herein.
By purchasing the Series 2015C Bonds, eachsuch Series 2015C Bondholder shall be deemed to have irrevocably consented to the amendment set forth in Section 7.03 of the Fifth Supplemental and Amendatory Resolution to Resolution No. 22629 dated of equal date herewith to the definition of “Cost of Operation and Maintenance” in the Resolution and such purchase shall constitute the signed written consent thereto.