Examples of Series 2023B Bonds in a sentence
Definitive registered Series 2023B Bonds may be issued in the denomination of $100,000 and in integral multiples of $1,000 in excess thereof as the Board of Directors of the Company shall approve, and execution and delivery to the Trustee for authentication shall be conclusive evidence of such approval.
At the direction of an Authorized Representative, Series 2023D Bonds, Series 2023A Bonds, Series 2023B Bonds, and Series 2023C Bonds may be sold, but are not required to be sold, pursuant to the terms of a common Purchase Agreement.
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.
This Disclosure Agreement is being executed and delivered by the Local Issuer for the benefit of the holders of the Series 2023B Bonds and in order to assist the Participating Underwriters (defined below) in complying with the Rule (defined below).
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604(4)(b) and 606(2) of the General Resolution), under no circumstances shall amounts on deposit in the Reserve Fund be withdrawn therefrom for the purpose of paying, directly or indirectly, the principal or Redemption Price of, or interest on, any of the Series 2023B Bonds.