Series 2022 Certificates definition

Series 2022 Certificates means the Certificates of Participation, Series 2022, to be issued pursuant to the Trust Agreement.

Series 2022 Certificates means the certificates of participation executed and delivered by the Trustee under and pursuant to the Trust Agreement, the proceeds of which are for financing the Projects.

Series 2022 Certificates means the Refunding Certificates of Participation, Series 2022 inthe payments of Base Rent to be made by the Board under the Facilities Lease and to be issued as one or more series under the Trust Agreement for the primary purpose of refunding the Series 2012 Certificates, previously issued under the First Supplemental Trust Agreement, and which will constitute “fractionalized interests in public obligations”, as defined in Section 133.01 of the Revised Code.

Examples of Series 2022 Certificates in a sentence

• For the benefit of the holders and beneficial owners from time to time of the Series 2022 Certificates, the School District agrees to provide or cause to be provided such financial information and operating data, audited financial statements and notices of the occurrence of certain events, in such manner as may be required for purposes of the Rule.

• The legal services shall be in the nature of legal advice and recommendations as to the documents and the proceedings in connection with the issuance and sale of the Series 2022 Certificates, assisting the School District in preparing certain portions of the disclosure document for the Series 2022 Certificates and the rendering of the necessary legal opinions upon the delivery of the Series 2022 Certificates.

• That firm shall be paid just and reasonable compensation for those legal services and shall be reimbursed for the actual out-of-pocket expenses it incurs in rendering those legal services whether or not the Series 2022 Certificates are issued.

• The Series 2022 Certificates may be issued in one or more series that may differ as to credit enhancement, priority of payment and other terms.

• The Treasurer or, in the absence of the Treasurer, the President, is authorized to sign and deliver, in the name and on behalf of the School District, the Purchase Agreement providing for the sale of the Series 2022 Certificates, provided that the purchase price for the Series 2022 Certificates shall not be less than 97% of the aggregate principal amount thereof.

• The Treasurer is specifically authorized to designate the Series 2022 Certificates as “qualified tax-exempt obligations” if such designation is applicable and desirable, and to make any related necessary representations and covenants.

• It is necessary, proper and in the best interest of the School District to authorize, and this Board does hereby authorize, the signing, delivery and sale of the Series 2022 Certificates on terms consistent with this Resolution to provide funds to refund the Refunded Certificates, including the payment of the expenses relating to the refunding of the Refunded Certificates and the issuance of the Series 2022 Certificates.

• The Series 2022 Certificates shall be dated the date of delivery and mature not later than March 31, 2027, all as shall be provided in the Proposal and the Trust Agreement, including an Unused Fee (as defined in the Trust Agreement) for amounts available but not drawn thereunder.

• The Series 2022 Certificates shall be designated “Refunding Certificates of Participation, Series 2022, Evidencing the Proportionate Interests of the Owners Thereof in Base Rent to Be Paid by the Board of Education of the Hudson City School District, Ohio”, or such other designation as is provided for in the Purchase Agreement.

• For all the subsequent years, it may depreciate up to 50 % of the non- depreciated construction costs of completed works irrespective of the time of completion.

More Definitions of Series 2022 Certificates

Series 2022 Certificates means the $11,000,000* aggregate principal amount of Certificates of Participation (Board of Public Works of the City of Hannibal, Missouri, Lessee), Series 2022, evidencing a proportionate interest in Basic Rent Payments to be made by the Board pursuant to the Lease, executed and delivered pursuant to the Declaration of Trust.

Series 2022 Certificates means the $1,455,000 aggregate principal amount of Certificates of Participation, Series 2022, evidencing a proportionate interest in Basic Rent Payments to be made by Fort Scott Community College, Bourbon County, Kansas, pursuant to a Lease Purchase Agreement, executed and delivered pursuant to the Declaration of Trust.

Series 2022 Certificates means the $1,200,000 principal amount Certificates of Participation (Odessa City Hall Project), Series 2022, evidencing a proportionate interest in Basic Rent Payments to be made by the City of Odessa, Missouri, pursuant to an annually renewable Lease Purchase Agreement, executed and delivered pursuant to this Declaration of Trust.