Examples of Series 2023B Bonds in a sentence
On the date of deliveryof the Series 2023B Bonds, the Trustee shall apply the proceeds of the sale of the Series 2023B Bonds in accordance with the written directions of any Authorized Officer given pursuant to clause (n) of subsection (1) of Section 2.03.
In furtherance of the foregoing, the Authority shall comply with the provisions of the Tax Certificate executed by the Authority in connection with the Series 2023B Bonds.
The terms and lower costs associated with the Series 2023B Bonds compared to a traditional taxable bond financing is advantageous for paying a portion of the 2023 Capital Projects costs that are or may not be eligible for tax-exempt financing.
The purposes for which the Series 2023B Bonds are being issued are (i) to fund a portion of the 2023 Capital Program of the Authority, (ii) to refund a portion of the Refunded Authority Bonds (and to pay all or a portion of any amounts owed by the Authority in connection with the termination of existing interest rate exchange or swap agreements relating to Refunded Authority Bonds), and (iii) to pay the Costs of Issuance of the Series 2023B Bonds.
The Authority shall not take any action or fail to take any action that would cause the Series 2023B Bonds to be “arbitrage bonds” within the meaning of Section 148(a) of the Code; nor shall any part of the proceeds of the Series 2023B Bonds or any other funds of the Authority be used directly or indirectly to acquire any securities or obligations the acquisition of which would cause any Series 2023B Bond to be an “arbitrage bond” within the meaning of Section 148(a) of the Code.
The Authority may, and the holders of not less than a majority in aggregate principal amount of Series 2023B Bonds outstanding may, take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to challenge the adequacy of any information provided pursuant to this Disclosure Agreement, or to enforce any other obligation of the Local Issuer hereunder.
Correcting poor compliance is required to ensure sufficient data are available for supporting the dual-primary endpoint of this study.
Any provision of the Resolution to the contrary notwithstanding (including, without limitation, Sections 604(1)(b), 604(4)(b) and 606(2) of the General Resolution), under no circumstances shall amounts on deposit in the Reserve Fund be withdrawn therefrom for the purpose of paying, directly or indirectly, the principal or Redemption Price of, or interest on, any of the Series 2023B Bonds.
As an additional incentive, staff also receive a 5% discount when renewing their passes (a recommendation from the 2003 Scrutiny Review ofPromoting Public Transport).
The Series 2023B Bonds were issued to current refund the Series 2013A General Obligation Bonds and pay the costs and expenses of issuing and delivering the Series 2023B Bonds.For more information on the long-term debt activity of the District, refer to Note 7, Long-Term Liabilities, on pages 124 through 138.