Examples of Series 2024A Bonds in a sentence
If only a portion of the Series 2024A Bonds are redeemed, such Series 2024A Bonds to be redeemed shall be selected from maturities designated by the Borrower.
Upon the execution and delivery of this Indenture, and satisfaction of the conditions set forth in Section 2.08 hereof, the Issuer shall execute and deliver to the Trustee, and the Trustee shall authenticate and deliver to the Original Purchaser (i) the Series 2024A Bonds in the aggregate principal amount of $[Series A Par] and (ii) the Series 2024B Bonds in the aggregate principal amount of $[Series B Par], as provided in this section.
The form of the Series 2024A Bonds shall be substantially in the form set forth in Exhibit B.
If less than all of one (1) maturity is to be redeemed, Series 2024A Bonds of such maturity shall be selected randomly in such manner determined by the Trustee.
The Series 2024A Bonds are subject to redemption by the Issuer at the option of the Borrower on February 1, 20[ ] and any Business Day thereafter, in whole or in part on any date, at the redemption price equal to the principal amount to be redeemed plus accrued interest to the date of redemption.
The Borrower understands after consultation with such legal counsel as deemed appropriate, that the exclusion from gross income of interest on any Tax-Exempt Bonds (including the Series 2024A Bonds) for federal income tax purposes is dependent on the accuracy and truthfulness of representations made herein and in the Tax Certificate.
The Series 2024A Bonds are subject to mandatory redemption in whole on the first Business Day for which notice of redemption can properly be given as provided herein upon the occurrence of a Determination of Taxability at a Redemption Price equal to one hundred percent (100%) of the principal amount of the Bonds plus accrued interest thereon to the Redemption Date.
On the Date of Original Issuance of the Bonds there shall be deposited with the Trustee to the credit of the Construction Fund those proceeds of the Series 2024A Bonds described in Section 4.01(c).
Series 2024A Bonds shall be redeemed only in the principal amount of $5,000 or any integral multiple thereof.