Examples of Series A-1 Bonds in a sentence
The consent of the Significant Bondholder is required only with respect to a redemption, in whole or in part, of the Series A-1 Bonds, and shall be given so long as the Borrower has complied with the applicable provisions of the Notes with respect to such prepayment.
Simultaneously with the issuance of the Series A-1 Bonds, the Issuer will issue its Subordinate Senior Housing Revenue Bonds (Seasons at Simi Valley Apartments Project) 2015 Series A-2 in the aggregate principal amount of $[SeriesA-2PrinAmt] (the “Series A-2 Bonds,” and together with the Series A-1 Bonds, the “Bonds”) as more fully set forth in the Indenture, which Series A-2 Bonds are subordinate to the Series A-1 Bonds.
The loan of the proceeds of the Series A-1 Bonds to the Borrower is evidenced by a separate note (the “Series A-1 Note”).
The Series A-1 Bonds are not subject to optional redemption prior to [ ] 1, 20[ ], and the Series A-2 Bonds are not subject to optional redemption prior to [ ] 1, 20[ ].
Simultaneously with the issuance of the Series A-1 Bonds, the Issuer will issue its Subordinate Multifamily Housing Revenue Bonds (Las Palmas II Apartments Project) 2016 Series A-2 in the aggregate principal amount of $1,770,000 (the “Series A-2 Bonds,” and together with the Series A-1 Bonds, the “Bonds”) as more fully set forth in the Indenture, which Series A-2 Bonds are subordinate to the Series A-1 Bonds.