Examples of Series 2023 Bonds in a sentence
In the event that the Project Costs set forth in the Construction Budget exceed the amount of proceeds available from the Series 2023 Bonds (a “Cost Overrun”), such Purchaser shall have received satisfactory evidence that the Manager has funded the Construction Account in immediately available funds from the proceeds of a Debt Service Loan and applied such funds to pay any such Cost Overruns of the Project prior to any additional funds being drawn under the Series 2023[●] Bonds.
Series 2023 Bonds authenticated on or prior to [July] 1, 2023 shall bear interest from the date of delivery of the Series 2023 Bonds.
The Series 2023 Bonds maturing on January 15, 2031, are subject to optional redemption prior to maturity commencing on July 15, 2030, and on any date thereafter, upon thirty (30) days' notice, in whole or in part, in such order of maturity as the Town shall direct and by lot within maturities, at face value, plus in each case accrued interest to the date fixed for redemption, with no premium.
The Series 2023 Bonds shall be designated "Town of Avon, Indiana Taxable Economic Development Revenue Bonds, Series 2023 (Xxxxxx Logistics Project)." The Series 2023 Bonds shall be originally issuable as fully registered Bonds in minimum denominations of $100,000 and integral multiples thereof and shall be lettered and numbered R-1 and upward.
Notwithstanding anything contained herein, the Series 2023 Bonds shall not need to be presented for payment except upon final maturity or redemption in full.