Examples of Tenth Supplemental Resolution in a sentence
The Refunding Bonds shall be dated, shall mature in such years and amounts and shall bear interest commencing on such date as set forth or provided for in the Notice of Bond Sale, a copy of which, as published, shall be retained in the files of the Division with this Tenth Supplemental Resolution.
All capitalized terms used herein and not otherwise defined shall have the same meanings, respectively, in this Tenth Supplemental Resolution as such terms are given in the Resolution.
This Tenth Supplemental Resolution is adopted (i) pursuant to the provisions of the New Jersey Transportation Trust Fund Authority Act of 1984, L.
Exceptas otherwise provided in this Tenth Supplemental Resolution, the terms, description, execution, negotiability, redemption, authentication, disposition, replacement, registration, transfer, issuance and form of the Refunding Bonds shall be governed by the provisions of Article II of the Original Resolution, adjusted to the extent necessary to apply to the Refunding Bonds.
There shall be depositedin the Transportation Program Improvement Fund established under the Resolution an amount set forth in the Conversion Certificate to be applied to pay State Transportation System Costs, including the fees and expenses incurred by the Authority in connection with the conversion and remarketing of the Prior Notes and related transactions authorized under this Tenth Supplemental Resolution.
Amounts on deposit in any subaccount in the Reserve Account may be commingled with the amounts deposited for Bonds of additional Series which are secured thereby, shall be held for the benefit of the Registered Owners of only such Bonds as may be specifically secured by the respective subaccount, and shall be applied in the manner provided in the Original Resolution, as amended and supplemented through this Tenth Supplemental Resolution.
To file, with the Trustee, a copy of this Tenth Supplemental Resolution certified by an Authorized Authority Official, along with an opinion of Bond Counsel, which filing is required by Article X of the Resolution.
Notwithstanding the provisions of the Original Resolution, the Reserve Account for the Refunding Bonds authorized by this Tenth Supplemental Resolution shall be funded in an amount determined by the Director, which shall not exceed the Debt Service Reserve Requirement for the Refunding Bonds.
The Director is hereby authorized to offer for sale a lesser principal amount of Refunding Bonds than that set forth in this Tenth Supplemental Resolution and to adjust the maturity schedule and redemption provisions for the Refunding Bonds, if necessary, to reflect the issuance of such lesser amount, and to modify the Notice of Bond Sale as may be required.
This Tenth Supplemental Resolution shall take effect upon its adoption in accordance with the Act.AGENDA ITEM F APPROVAL OF THE THIRTY-SECOND SUPPLEMENTAL TRANSPORTATION SYSTEM BOND RESOLUTION This Thirty-Second Supplemental Resolution authorizes the issuance of one or more Series of Transportation System Bonds in an aggregate principal amount not exceeding $1,075,000,000 to refund certain of the Authority’s Outstanding Transportation System Bonds.