Examples of Series 2016 Certificates in a sentence
The County acknowledges, directs and consents to the issuance and sale of the Series 2016 Certificates pursuant to the Trust Agreement.
The County reaffirms as of the date hereof all representations, warranties, and covenants for the benefit of the Trustee, the Registered Owners, the Corporation, and to the extent applicable, the Holders of the Series 2016 Certificates as stated in the Original Lease Agreement.
The County acknowledges and approves the form of the Series 2016 Certificates contained in the Third Supplement to Trust Agreement.
The Corporation or the County shall send copies of any such amendments or supplements to BAM and the rating agencies which have assigned a rating to the Series 2016 Certificates.
The execution of the Series 2016 Certificates by officers of the Corporation is hereby approved, authorized and directed.
Set forth in Exhibit A attached hereto are the interest component and the principal component of each payment of Base Rent during the Lease Term with respect to the Series 2016 Certificates.
The Corporation reaffirms as of the date hereof all representations, warranties, and covenants for the benefit of the County, the Trustee, the Registered Owners, and to the extent applicable, the Holders of the Series 2016 Certificates as stated in the Original Lease Agreement.
This Third Supplement to Lease Agreement is executed in part to induce the purchase of the Series 2016 Certificates issued under the Trust Agreement and the issuance by BAM of the bond insurance policy and municipal bond debt service reserve fund policy relating to the Series 2016 Certificates.
Exhibit D to the Original Lease Agreement is hereby amended to include the additional Base Rent set forth in Exhibit A attached hereto taking into consideration the portion of the Series 2010 Certificates that are being refunded by the Series 2016 Certificates.
The investments in the defeasance escrow relating to the Series 2016 Certificates shall be limited to non-callable, direct obligations of the United States of America and securities fully and unconditionally guaranteed as to the timely payment of principal and interest by the United States of America, or as otherwise maybe authorized under State law and approved by BAM.