(Both Dates Inclusive) Price Clause Samples

(Both Dates Inclusive) Price. June 1, 2015, and thereafter 100 %
View Source
(Both Dates Inclusive) Price. June 1, 2015, and thereafter 100 % The Certificates are subject to prepayment in whole or in part on any Certificate Payment Date from Net Proceeds, as defined in the Financing Contract, credited towards the prepayment of Installment Payments under the Financing Contract as a result of certain casualty and other losses to the Facilities, as described in the Financing Contract, at a prepayment price equal to the principal amount to be prepaid plus interest accrued to the prepayment date, without premium. The Trustee will prepay Certificates maturing on June 1, 2021, on June 1 in years and amounts upon payment of 100% of the principal amount thereof plus interest accrued to the prepayment date as follows: Year Amount 2019 2020 2021 The amount of Certificates to be prepaid on any sinking fund payment date may be reduced in accordance with the provisions of the Trust Agreement. If less than all of the Certificates are to be prepaid, they will be prepaid in such manner as the Town may elect. If less than all the Certificates of any maturity are called for prepayment, the Trustee will select the Certificates to be prepaid by lot; provided, however, that so long as a book-entry system with DTC is used for recording beneficial ownership of Certificates, if less than all of the Certificates within a maturity are to be prepaid, DTC and its participants will determine which of the Certificates within any such maturity are to be prepaid in accordance with DTC’s own rules and procedures. In any case, (1) the portion of any Certificate to be prepaid will be in the principal amount of $5,000 or some multiple thereof, and (2) in selecting Certificates for prepayment, each Certificate will be considered as representing that number of Certificates which is obtained by dividing the principal amount of such Certificate by $5,000. If a portion of a Certificate will be called for prepayment, a new Certificate in principal amount equal to the unpaid portion thereof will be issued to the Owner upon the surrender thereof. The Trustee will send notice of prepayment by registered or certified mail to DTC or its nominee as the Owner of the Certificates. The Trustee will mail such notice not more than 60 days nor less than 30 days prior to the date fixed for prepayment. Neither the Trustee, the Corporation nor the Town is responsible for sending notices of prepayment to anyone other than DTC or its nominee. If on or before the date fixed for prepayment funds will be deposited with the...
View Source

Related to (Both Dates Inclusive) Price

  • Seniority Dates Upon request, the Employer agrees to make available to the Union the seniority dates of any employees covered by this Agreement. Such seniority dates shall be subject to correction for error on proper representation by the Union.

  • Plural Terms All terms defined in this Agreement or any other Credit Document in the singular form shall have comparable meanings when used in the plural form and vice versa.

  • Interest Rates and Payment Dates (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin. (b) Each ABR Loan shall bear interest at a rate per annum equal to the ABR plus the Applicable Margin. (i) If all or a portion of the principal amount of any Loan or Reimbursement Obligation shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), all outstanding Loans and Reimbursement Obligations (whether or not overdue) shall bear interest at a rate per annum equal to (x) in the case of the Loans, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section plus 2% or (y) in the case of Reimbursement Obligations, the rate applicable to ABR Loans under the Revolving Facility plus 2%, and (ii) if all or a portion of any interest payable on any Loan or Reimbursement Obligation or any commitment fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the rate then applicable to ABR Loans under the relevant Facility plus 2% (or, in the case of any such other amounts that do not relate to a particular Facility, the rate then applicable to ABR Loans under the Revolving Facility plus 2%), in each case, with respect to clauses (i) and (ii) above, from the date of such non-payment until such amount is paid in full (as well after as before judgment). (d) Interest shall be payable in arrears on each Interest Payment Date, provided that interest accruing pursuant to paragraph (c) of this Section shall be payable from time to time on demand.

  • Minimum Break between Shifts (a) Where it is necessary to work extended overtime, it is agreed that no Employee shall resume or continue to work without having had ten consecutive hours off duty between the termination of the overtime and the commencement of the Employee’s ordinary work on the next day or shift. (b) In the event that an Employee agrees to a request from site management to resume or continue to work without having had ten consecutive hours off duty, the Employee shall be paid at double ordinary time rates until the Employee is released from duty for such period.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.