Examples of Series 2016 Bond in a sentence
In the case of redemption of Series 2016 Bonds pursuant to Section 5.1 hereof, notice of the call for any such redemption identifying the Series 2016 Bonds, or portions of fully registered Series 2016 Bonds, to be redeemed shall be given by mailing a copy of the redemption notice by first class mail not less than ten (10) days nor more than sixty (60) days prior to the date fixed for redemption to the registered Owner of each Series 2016 Bond to be redeemed at the address shown on the registration books.
Any defect in that notice as to any Series 2016 Bond shall not affect the validity of the proceedings for the redemption of any other Series 2016 Bond, and any failure to receive notice duly mailed shall not affect the validity of the proceedings for the redemption of any Series 2016 Bonds.
The Series 2016-B Bonds are being issued subsequent to the City’s previously issued General Obligation Bonds, Series 2016 (the “Series 2016 Bonds”), to remedy a shortfall in Series 2016 Bond proceeds necessary to fund sewerage system improvements and related expenses.
The Trustee’s certificate of authentication on any Series 2016 Bond shall be deemed to have been executed by it if signed by an authorized signatory of the Trustee, but it shall not be necessary that the same person sign the certificate of authentication on all of the Series 2016 Bonds issued hereunder.
If the Owner of any Series 2016 Bonds presents that Bond to the Trustee with an instrument satisfactory to the Trustee waiving all claims for payment of that Bond, the Trustee shall cancel that Series 2016 Bond and the Bondholder shall have no further claim against the Trust Estate, the Issuer or the WLCDC with respect to that Series 2016 Bond.
No Series 2016 Bond shall be valid or obligatory for any purpose or entitled to any security or benefit under this Indenture unless and until the certificate of authentication on such Series 2016 Bond substantially in the form hereinabove set forth shall have been duly executed by the Trustee, and such executed certificate of the Trustee upon any such Bond shall be conclusive evidence that such Series 2016 Bond has been authenticated and delivered under this Indenture.
Neither the faith and credit nor the taxing power of the Issuer, the State of Indiana or any political subdivision or taxing authority thereof is pledged to the payment of the principal of or the interest on this Series 2016 Bond.
Such notice of redemption shall specify the CUSIP number and, in the event of a partial redemption the Series 2016 Bond numbers and called amounts of each Series 2016 Bond, the redemption date, redemption price, interest rate, maturity date and the name and address of the Trustee and the Paying Agent.
This Series 2016 Bond is transferable by the registered Bondholder hereof in person or by its attorney duly authorized in writing at the designated office of the Trustee, but only in the manner, subject to the limitations and without charge by the Issuer or the Trustee, and upon surrender and cancellation of this Series 2016 Bond.
This Series 2016 Bond is transferable by the Registered Owner hereof at the principal corporate trust office of the Trustee upon surrender and cancellation of this Series 2016 Bond and on presentation of a duly executed written instrument of transfer and thereupon a new Series 2016 Bond or Series 2016 Bonds of the same aggregate principal amount and maturity and in authorized denominations will be issued to the transferee or transferees in exchange therefor.