Examples of Series 6 Bonds in a sentence
The Series 3 Bonds, Series 4 Bonds, the Series 5 Bonds, the Series 6 Bonds, the Series 7 Bonds and any other bonds issued by the Issuer in future which are expressed to be secured are/will be (as applicable) secured by the same debenture (being the Main Debenture) over the assets of theIssuer.
The Bonds will also rank equally with the Series 2 Bonds, the Series 3 Bonds, the Series 4 Bonds, the Series 5 Bonds, the Series 6 Bonds and the Series 7 Bonds and may rank equally with other bonds or, series of bonds, issued by the Issuer in future.The Bonds are secured by a debenture (being the Main Debenture) over the assets of the Issuer.
The Series 6 Bonds shall mature and shall bear interest as follows: Stated Maturity Amount Interest Rate September 1, 1996 $1,400,000 6.00% March 1, 1997 $ 795,000 6.25% September 1, 1997 $ 795,000 6.25% March 1, 1998 $ 810,000 6.50% September 1, 1998 $ 810,000 6.50% March 1, 1999 $ 808,000 6.75% September 1, 1999 $ 807,000 6.75% March 1, 2000 $ 433,000 7.00% September 1, 2000 $ 432,000 7.00% March 1, 2001 $ 110,000 7.00% Section 5.
If there are Series 6 Bonds outstanding, Delta agrees to provide to the Bond Insurer (i) monthly reports reflecting Delta’s total Liquidity, within ten (10) Business Days following the end of each calendar month (each, a “Liquidity Report”), and (ii) Delta’s annual and quarterly Forms 10-K and 10-Q filed with the SEC, which shall be provided within ten (10) Business Days following the filing thereof with the SEC.
The terms of the Bonds provide that, if at any time any debt is owed by the Issuer to any lender other than pursuant to the Bonds, the Series 2 Bonds, the Series 3 Bonds, the Series 4 Bonds, the Series 5 Bonds, the Series 6 Bonds, the Series 7 Bonds or other bonds issued by the Issuer, the Issuer may postpone the payment of interest on the Bonds that is due and payable.
The Series 6 Bonds shall be subject to mandatory and optional redemption prior to maturity, to the extent specifically set forth in the form of Series 6 Bond set forth in this Eighth Supplemental Indenture.
If there are Series 6 Bonds outstanding, the Bond Insurer shall be a third-party beneficiary of this Agreement with respect to this Section 16.04.
The Series 6 Bonds have a term of two years and bear interest at the rate of 6.5% per annum (payable on redemption).
The aggregate scheduled rental payments under the Pooled Assets securing Series 6 Bonds during the six-month periods ending on each Supplemental Payment Date for Bonds of such Series to and including the final Stated Maturity of the Series 6 Bonds after deducting all Servicer's fees and Trustee's fees respecting such Pooled Assets and Series 6 Bonds accruing during such period equal or exceed the principal of and interest on the Series 6 Bonds which are due and payable on such Semiannual Payment Date.
As at 30 September 2016, Series 6 Bonds in the aggregate principal amount of £177,500 had been issued.Series 7 Bond InstrumentA bond instrument executed by the Issuer dated 14 December 2015 and amended and restated on 8 February 2016 constituting up to £25,000,000 of Series 7 Bonds.