Examples of Series 2020A Bonds in a sentence
The Authority has not heretofore made a pledge of, granted a lien on or security interest in, or made an assignment or sale of such collateral that ranks on a parity with or prior to the pledge granted by the Trust Agreement, except for the pledge granted under the Trust Agreement to secure the Senior Indebtedness outstanding upon issuance of the Series 2020A Bonds.
The Authority covenants that it will comply with the provisions of the Internal Revenue Code of 1986, as amended, so that interest on the Series 2020A Bonds (to the extent the Series 2020A Bonds are issued as a federally tax-exempt bond) will be excluded from gross income for purposes of federal income taxation.
EXHIBIT B-1 Description of Series 2011A Refunded Bonds BONDS TO BE REFUNDED The Oklahoma Turnpike System Second Senior Revenue Bonds listed below are being refunded, by applying a portion of the proceeds of the Series 2020A Bonds, together with other available moneys, to provide for the payment of the principal of and interest and redemption premium, if any, on such bonds to the extent and to the payment dates set forth below.
There is hereby created and designated an “Oklahoma Turnpike System Series 2020A Bonds Rebate Fund” (referred to herein as the “Series 2020A Bonds Rebate Fund”) to the credit of which there shall be deposited such amounts as shall be required to satisfy the Rebate Requirement (as defined in the Arbitrage and Use of Proceeds Certificate) and for payment to the federal government of the United States of America.
The Series 2020A Bonds shall be numbered as set forth in the Certificate of Determination, shall be issued in the aggregate principal amount not to exceed $187,195,000, shall be dated October 29, 2020, shall be issuable as registered bonds without coupons in denomination of $5,000 or any multiple thereof, and shall be executed and authenticated by Authorized Representatives.