Examples of Term Rate Bonds in a sentence
The 2013 current interest bonds include $1,374,440 of Senior Term Bonds that mature in installments from January 2042 through January 2053; $375,000 of Term Rate Bonds that mature in installments from January 2050 through January 2053; and $198,050 of Junior Lien Bonds that mature in installments from January 2023 through January 2043.
The Bonds herein authorized, unless otherwise indicated, may be issued in the form of Fixed Rate Bonds, Daily Rate Bonds, Weekly Rate Bonds or Term Rate Bonds, all as provided in Section 2.02 hereof, the Award Certificate and in the FORMS OF BONDS set forth Exhibit A hereto.
During the preceding ten year period, the District has not engaged in violations of any provision of the Constitution or laws of the United States or any State or political subdivision with respect to discrimination in voting on account of race or color or language minority status.
Upon receipt of such notice from the Remarketing Agent, the Authority shall direct the Bond Registrar to provide notice to the Owners of the Index Floating Rate Bonds of such Series or Adjustable Term Rate Bonds of such Series that such Index Floating Rate Bonds or Adjustable Term Rate Bonds shall be subject to mandatory tender on a Business Day no later than the Business Day following such notice to the Bond Registrar.
During the Initial Interest Period, the Term Rate Bonds are not subject to redemption.