Undersold Maturities definition

Undersold Maturities means those Maturities of the Bonds shown on Schedule A hereto as the “Undersold Maturities.”
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Undersold Maturities means those Maturities of the Bonds shown in Schedule B hereto as the “Undersold Maturities.”
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Undersold Maturities means any Maturity for which less than 10% of the principal amount of Bonds of that Maturity were sold as of the Effective Time.
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Examples of Undersold Maturities in a sentence

  • Pursuant to such agreement, the Underwriter has neither offered nor sold any Maturity of the Undersold Maturities at a price that is higher than the respective Initial Offering Price for that Maturity of the Undersold Maturities during the Offering Period.

  • As set forth in the Notice of Sale of Bonds, the Underwriter has agreed in writing that, for each Maturity of the Undersold Maturities, it would neither offer nor sell any of the Undersold Maturities of such Maturity to any person at a price that is higher than the Initial Offering Price for such Maturity during the Offering Period for such Maturity, nor would it permit a related party to do so.

  • The Underwriter offered the Undersold Maturities to the Public for purchase at the respective initial offering prices listed in Schedule A (the “Initial Offering Prices”) on or before the Sale Date.

  • Each Underwriter offered the Undersold Maturities to the Public for purchase at the respective initial offering prices listed in Schedule B (the “Initial Offering Prices”) on or before the Sale Date.

  • NOTE: In the event that the initial sale of the Bonds to the public does not satisfy the competitive sale requirements as defined above, and the winning bidder informs the Financial Advisor that there exist certain Undersold Maturities, the basis for determining the issue price of the Bonds may be different from the method described herein and may be determined on the sale date upon approval of the Financial Advisor.

  • Pursuant to such agreement, no Underwriter has offered nor sold any Maturity of the Undersold Maturities at a price that is higher than the respective Initial Offering Price for that Maturity of the Bonds during the Offering Period.

  • With respect to the Undersold Maturities, the Purchaser agrees to notify the District in writing of the first single price or yield at which at least 10% of each such Undersold Maturity is ultimately sold by the Purchaser to the Public as soon as practicable after such applicable sales have occurred.

  • The Underwriter will promptly report to the State the prices at which the Undersold Maturities of the Certificates are sold to the Public until the earlier of the date on which the 10 percent test has been satisfied as to each Undersold Maturity of the Certificates or the date on which all Undersold Maturities of the Certificates have been sold to the Public.

  • With respect to the Undersold Maturities, the Purchaser agrees to notify the Transportation Authority in writing of the first single price or yield at which at least 10% of each such Undersold Maturity is ultimately sold by the Purchaser to the Public as soon as practicable after such applicable sales have occurred.

  • NOTE: In the event that the initial sale of the 2020A Bonds to the public does not satisfy the competitive sale requirements as defined above, and the winning bidder informs the Financial Advisor that there exist certain Undersold Maturities, the basis for determining the issue price of the 2020A Bonds may be different from the method described herein and may be determined on the sale date upon approval of the Financial Advisor.


More Definitions of Undersold Maturities

Undersold Maturities means those Maturities of the Series 2021 Bonds shown in Schedule A hereto as the “Undersold Maturities.”] The undersigned understands that the foregoing information will be relied upon by the Board and the City with respect to certain of the representations set forth in the Tax Compliance Agreement and with respect to compliance with the federal income tax rules affecting the Series 2021 Bonds, and by Bond Counsel in connection with rendering its opinion that the interest on the Series 2021 Bonds is excluded from gross income for federal income tax purposes, the preparation of Internal Revenue Service Form 8038- G, and other federal income tax advice it may give to the Board and the City from time to time relating to the Series 2021 Bonds. XXXXXX X. XXXXX & CO. INCORPORATED, as the Underwriter By: Title: SCHEDULE A TO EXHIBIT A Sale Prices of the Actually Sold Maturities and Initial Offering Prices of the Offered Maturities [Attached] SCHEDULE B TO EXHIBIT A Pricing Wire or Equivalent Communication [Attached] EXHIBIT B-1 Bond Counsel Supplemental Opinion Matters [**ADD FROM CLOSING DOCUMENTS**] EXHIBIT B-2 Disclosure Counsel Opinion Matters [**ADD FROM CLOSING DOCUMENTS**] EXHIBIT C CITY COUNSELOR OPINION MATTERS [**ADD FROM CLOSING DOCUMENTS**] EXHIBIT D Board Counsel Opinion Matters [**ADD FROM CLOSING DOCUMENTS**] EXHIBIT E CID Counsel Opinion Matters
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Undersold Maturities means those Maturities of the Bonds, if any, that are not General Rule Maturities.”
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Undersold Maturities means those Maturities of the Refunding Bonds shown in Schedule A hereto as the “Undersold Maturities.”
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Related to Undersold Maturities

  • Hold-the-Offering-Price Maturities means those Maturities of the Notes listed in Schedule A hereto as the “Hold-the-Price Maturities.”

  • General Rule Maturities means those Maturities of the Bonds listed in Schedule A hereto as the “General Rule Maturities.”

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Stated Maturity Date With respect to any Mortgage Loan or Serviced Pari Passu Companion Loan, the Due Date specified in the related Mortgage Note (as in effect on the Closing Date or, in the case of a Replacement Mortgage Loan, on the related date of substitution) on which the last payment of principal is due and payable under the terms of such Mortgage Loan or Serviced Pari Passu Companion Loan, without regard to any change in or modification of such terms in connection with a bankruptcy or similar proceeding involving the related Borrower or a modification, waiver or amendment of such Mortgage Loan or Serviced Pari Passu Companion Loan granted or agreed to by the applicable Master Servicer or applicable Special Servicer pursuant to Section 3.20 (or, in the case of (i) a Non-Trust-Serviced Pooled Mortgage Loan, by the related Non-Trust Master Servicer or the related Non-Trust Special Servicer pursuant to the related Non-Trust Pooling and Servicing Agreement and (ii) an ARD Mortgage Loan, without regard to its Anticipated Repayment Date).

  • Scheduled Maturity Date means June 30, 2032.

  • Legal Maturity Date means July 15, 2024.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

  • Stated Maturity when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

  • Final Maturity Date means the date that (i) is one hundred eighty (180) days following the Scheduled Termination Date or (ii) such earlier date on which the Loans become due and payable pursuant to Section 9.01.

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness.

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;