Examples of Series 2016A Bond in a sentence
The Trustee shall authenticate the Series 2016A Bond and shall deliver such Bond to or upon the order of Xxxxx Fargo Bank.
Xxxxx Fargo Bank, as Bondholder may transfer the Series 2016A Bond in whole, but not in part in accordance with the terms of the Revolving Credit Agreement.
The Series 2016A Bond shall be issued pursuant to Section 209 of the Trust Agreement, as a single bond to be held by Xxxxx Fargo Bank as owner, in the aggregate principal amount of up to $90,000,000, shall bear interest at variable rates to respective maturities as determined in accordance with the Revolving Credit Agreement, and shall be designated "Oklahoma Turnpike Authority Oklahoma Turnpike System Second Senior Revenue Bond, Series 2016A".
Amounts held to the credit of the Series 2016A Bond Rebate Fund shall be invested and applied in accordance with the Arbitrage and Use of Proceeds Certificate.
The Series 2016A Bond shall have an equal lien with other second senior bonds and Parity Indebtedness and have a prior lien under the Trust Agreement as to such security pledged thereunder over subordinated bonds and junior obligations issued under the provisions of Sections 211, 212 or 514 of the Trust Agreement.