Examples of Series 2016C Bonds in a sentence
The Series 2016C Refunding Candidates will be refunded with the Series 2016C Bonds as taxable bonds as a remediation of such Series 2007 B Bonds.
The Series 2016C Bond Fund shall be held separate and apart from all other funds and accounts of the Port and shall be a trust fund for the owners of the Series 2016C Bonds.The Series 2016C Bonds shall be obligations only of the Series 2016C Bond Fund and the Common Reserve Fund, and shall be payable and secured as provided herein.
A special fund of the Port designated the “Port of Seattle Revenue Bond Fund, Series 2016C” (the “Series 2016C Bond Fund”) is hereby authorized to be created in the office of the Treasurer for the purpose of paying and securing the payment of the Series 2016C Bonds.
In the event the amount of any maturity is modified, the aggregate purchase price will be adjusted to result in the same gross spread per $1,000 of Series 2016C Bonds as that of the original proposal.
The Series 2016B and Series 2016C Bonds will be special limited obligations of the Issuer payable solely from the Trust Estate under the Indenture, including revenues derived from the Lease of the Project.
The lien created by the pledge will be discharged when all of the Series 2016B and Series 2016C Bonds are paid or deemed to have been paid under the Indenture.
OPTIONAL REDEMPTION The Council may elect on March 1, 2026, and on any day thereafter, to prepay Series 2016C Bonds due on or after March 1, 2027.
The Series 2016B Bonds and the Series 2016C Bonds are not subject to redemption prior to maturity.
To the extent available Excess Cash is insufficient to pay interest on the Series 2016C Bonds onany scheduled Interest Payment Date, the amount of such unpaid interest shall accrete and be added to the principal amount of the Series 2016C Bonds on the applicable Interest Payment Date and therefore shall bear interest at the interest rate due on the Series 2016C Bonds.
However, complex Ltl formulae are quite difficult to write—not only for novices but also for experi- enced users—and they are often not very intuitive.