Examples of Series 2017A-1 Bonds in a sentence
Series 2017A1 Advance Refunding The Series 2017A1 Bonds were issued to refund a portion of the Series 2009A Gross Revenue Transit Bonds.
Individual purchases of the Series 2017A-1 Bonds may be made in the principal amount of $5,000 or any whole multiples of $5,000.
Unless the Trust shall otherwise direct, the Series 2017A-1 Bonds shall be lettered and numbered from one upward in order of maturities preceded by the letter “R” and such other letter as determined by the Trustee prefixed to the number.
With respect to Series 2017A-1 Bonds registered in the registry books kept by the Trustee in the name of Cede & Co., as nominee of DTC, the Trust and any Fiduciary shall have no responsibility or obligation to any participant or to any beneficial owner of such Series 2017A-1 Bonds.
However, so long as the Series 2017A-1 Bonds are held in book-entry-only form pursuant to Section 2.05 hereof, the provisions of Section 2.05 shall govern the payment of principal or Redemption Price, if any, of, and interest on, the Series 2017A-1 Bonds.
The Series 2017A-1 Bonds shall be dated and shall bear interest from May 25, 2017 until their final maturity thereof, except as otherwise provided in Section 3.01 of this Bond Resolution.
The Series 2017A-1 Bonds shall be issued initially in the form of a separate single fully registered Bond in the amount of the aggregate principal amount of each separate stated maturity of the Series 2017A-1 Bonds.
Moneys in the Debt Service Reserve Fund shall only be applied to the payment of principal of and interest on the Series 2017A-1 Bonds or Series 2017A-2 Bonds, as may be applicable, except as otherwise described in this Section.
Interest on the Series 2017A-1 Bonds shall be payable by check or draft of the Trustee, mailed or transmitted, respectively, to the Holders thereof as the same appear as of the Record Date on the books of the Trust maintained by the Trustee.
There shall be deposited into each Project Loan Account from the proceeds of the Series 2017A-1 Bonds the respective amounts set forth in the Certificate of an Authorized Officer of the Trust delivered to the Trustee pursuant to Section 2.03(7)(f) hereof, which Certificate shall also designate each such Project Loan Account as “SRF” or “non-SRF”.