Examples of Original Indebtedness in a sentence
The following is a list of general obligation debt at December 31, 2018: Final Maturity Interest Rates Original Indebtedness Balance 12/31/18Amounts Due Within One Year2014 Promissory note2/15/22 Debt service requirements to maturity for the Town’s promissory notes are as follows: Principal Interest Total 2019$ 135,49232,283167,7752020139,51128,264167,7752021143,84923,926167,7752022148,24519,528167,7732023150,32314,995165,3182024 - 2027 324,442 19,903 344,345 F.
Indebtedness shall not be secured by any Lien on any asset other than the assets that secured such Original Indebtedness (or would have been required to secure such Original Indebtedness pursuant to the terms thereof) or, in the event Liens securing such Original Indebtedness shall have been contractually subordinated to any Lien securing the Obligations, by any Lien that shall not have been contractually subordinated to at least the same extent.
The following is a list of general obligation debt at December 31, 2016: Final Maturity Interest Rates Original Indebtedness Balance 12/31/16Amounts Due Within One Year2012 Promissory note6/8/172.75%$ 367,44338,58338,5832014 Promissory note2/15/22 (4) Detailed Notes on All Funds - Continued E.
Date of the Original Indebtedness - The date of the original indebtedness as used in Rule R-8 is the stated date of the Loan Policy of Title Insurance first issued to insure the lien securing the indebtedness described in such Loan Policy without consideration of any Endorsement subsequently placed upon such Loan Policy.
Business-Type Debt (continued)Date ofIssuance Final Maturity Interest Rates Original Indebtedness Balance 12/31/21 Current Portion DraftWastewater Utility 2009 Clean Water Fund Loan 12/9/2009 5/1/2029 2.91% 2019 GO Promissory 7.