Sinking Fund Payment Date definition

Sinking Fund Payment Date has the meaning set forth in Section 10.5.
Sinking Fund Payment Date means the date on which any Term Bond is to be called for redemption pursuant to the sinking fund requirements of the Supplemental Resolution providing for the issuance thereof or, if not redeemed, the stated maturity date thereof.
Sinking Fund Payment Date means the date on which any Term Note is to be mandatorily redeemed pursuant to the applicable provisions of the Supplemental Indenture providing for the issuance thereof and from funds allocated as provided in Section 4.06(b) hereof, or, if not redeemed, the Stated Maturity thereof.

Examples of Sinking Fund Payment Date in a sentence

  • Principal Payment Date shall mean the Stated Maturity of principal of any Serial Bond and the Sinking Fund Payment Date for any Term Bond.

  • In such case, the Registrar shall reduce the amount of Term Bonds to be redeemed on the Sinking Fund Payment Date specified in such certificate by the principal amount of Term Bonds so redeemed pursuant to Section 2(c)(i).

  • If any Stated Maturity, Redemption Date or Sinking Fund Payment Date shall be on a day which is not a Business Day, then payment of principal of, premium, if any, or interest due on such day may be made on the next succeeding Business Day, with the same force and effect as if made on such Stated Maturity, Redemption Date or Sinking Fund Payment Date (whether or not such next succeeding Business Day occurs in a succeeding month), and no interest shall accrue for the intervening period.

  • The principal amount of the Series 2020A Bonds required to be redeemed on the above Sinking Fund Payment Dates shall be reduced by the principal amount of such Series 2020A Bonds theretofore redeemed at the option of this Council and as to which the City has not previously applied amounts to reduce the principal amount of such Series 2020A Bonds on a Sinking Fund Payment Date.

  • Based on average milk yields for cows and buffaloes, this increase would be approximately 396,000 liters of milk, which at 50 NPR per liter would be worth about $174,000 USD.


More Definitions of Sinking Fund Payment Date

Sinking Fund Payment Date means the date on which any Term Note is to be called for redemption pursuant to subsection (A) or (B) of Section 4.7.2 hereof and the applicable provisions of the Supplemental Indenture providing for the issuance thereof, or, if not redeemed, the Stated Maturity thereof.
Sinking Fund Payment Date has the meaning set forth in Section 10.6.
Sinking Fund Payment Date shall have the meaning set forth in Section 14.5(a).
Sinking Fund Payment Date shall have the meaning set forth in Section 12.05.
Sinking Fund Payment Date shall have the meaning set forth in Section 11.5.
Sinking Fund Payment Date means the first day of each January, April, July and October, commencing April 1, 1997 and continuing through July 1, 2000.
Sinking Fund Payment Date means April 15, 2006, April 15, 2007, April 15, 2008 and April 15, 2009.