Examples of Series 2021A Bond in a sentence
Upon an increase in the interest rate on the Series 2021A Bond caused by the occurrence of a Determination of Taxability, such fact shall be clearly marked on the face of the Series 2021A Bond, together with the fact that a Determination of Taxability has occurred.
The Series 2021A Bond shall bear interest from the dates advances are made under this Agreement on the outstanding principal amount thereof at the rate of 1.20% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.
Retroactive interest payable on the Series 2021A Bond as a result of the occurrence of a Determination of Taxability shall be paid by check or draft mailed to each Bondholder during the Inclusion Period at its address as it appears on the registration books of the Issuer.
Interest on the Series 2021A Bond shall be payable on September 1, 2021 and semi-annually thereafter on March 1 and September 1 of each year.
The Series 2021A Bond and the Series 2021B Bond (each a “Bond” and collectively the “Bonds”) shall be substantially in the form set out in Exhibit A, with such changes therefrom, if any, as may be approved by you and the Issuer.