Mandatory Sinking Fund Redemption. The $ Term Bonds maturing on August 1, 20 , are subject to mandatory sinking fund redemption on each Redemption Date in the respective principal amounts as set forth in the following schedule, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, together with interest accrued thereon to the date fixed for redemption: Mandatory Sinking Fund Redemption Date (August 1) Principal Amount to be Redeemed
Mandatory Sinking Fund Redemption. The Certificates with a Maturity of March 19, 1996 shall be subject to redemption in whole on March 19, 1996. The Certificates with a Maturity of January 2, 2014 and the Certificates with a Maturity of July 2, 2019 shall be subject to partial redemption, at the aggregate principal amount set forth for the Certificates of the respective Maturity, on a pro rata basis, on each date specified in this Section (a "Sinking Fund Redemption Date") for such payment on the Certificates of such Maturity. The Owner Trustee shall deposit funds sufficient to pay the Sinking Fund Redemption Price with the Indenture Trustee as provided in Section 6.04 hereof. The Indenture Trustee shall pay from the amounts so deposited on each applicable Sinking Fund Redemption Date to the Holders of each Certificate then Outstanding on a pro rata basis the aggregate principal amount set forth below, together with accrued interest to such Sinking Fund Redemption Date, but without Make-Whole Premium (the "Sinking Fund Redemption Price"): Principal Amount ---------------- Certificates Certificates Sinking Fund with a Maturity of with a Maturity of Redemption Date January 2, 2014 July 2, 2019 --------------- ------------------ ------------------ July 2, 1996 $ 476,564 $ 0 January 2, 1997 0 0 July 2, 1997 1,043,033 0 January 2, 1998 0 0 July 2, 1998 1,117,193 0 January 2, 1999 1,668,438 0 July 2, 1999 0 0 January 2, 2000 1,363,732 0 July 2, 2000 0 0 January 2, 2001 1,464,267 0 July 2, 2001 0 0 January 2, 2002 3,072,710 0 July 2, 2002 1,798,737 0 January 2, 2003 0 0 July 2, 2003 0 0 January 2, 2004 452,867 0 July 2, 2004 0 0 January 2, 2005 1,502,320 0 July 2, 2005 0 0 January 2, 2006 1,310,528 0 July 2, 2006 0 0 January 2, 2007 1,780,093 0 July 2, 2007 0 0 January 2, 2008 2,729,739 0 July 2, 2008 0 0 January 2, 2009 3,761,258 0 July 2, 2009 0 0 January 2, 2010 4,038,541 0 July 2, 2010 0 0 January 2, 2011 4,336,265 0 July 2, 2011 0 0 January 2, 2012 4,655,938 0 July 2, 2012 0 0 January 2, 2013 4,999,178 0 July 2, 2013 0 0 January 2, 2014 4,733,599 0 July 2, 2014 0 0 January 2, 2015 0 0 July 2, 2015 0 0 January 2, 2016 0 0 July 2, 2016 0 0 January 2, 2017 0 2,849,760 July 2, 2017 0 0 January 2, 2018 0 5,785,292 July 2, 2018 0 163,435 January 2, 2019 0 6,010,749 July 2, 2019 0 397,764 ______________ ______________ Total $ 46,305,000 $ 15,207,000
Mandatory Sinking Fund Redemption. The Bonds maturing on January 15, 2033, are subject to mandatory sinking fund redemption prior to maturity, at a redemption price equal to the principal amount thereof plus accrued interest, on the dates and in the amounts set forth below: 2033 Term Bond Date Amount Date Amount
Mandatory Sinking Fund Redemption. The Certificates shall be subject to partial redemption, at the aggregate principal amount set forth for the Certificates of the respective Series and Maturity, on a pro rata basis, on each date specified on Schedule I attached hereto (a "Sinking Fund Redemption Date") for such payment on the Certificates of such Series and Maturity. The Owner Trustee shall deposit funds sufficient to pay the Sinking Fund Redemption Price with the Indenture Trustee as provided in Section 6.04 hereof. The Indenture Trustee shall pay from the amounts so deposited on each applicable Sinking Fund Redemption Date to the Certificates of each Series in the order of priority set forth in clause "first" of Section 5.01 hereof and among the Holders of the Certificates of each Series then Outstanding on a pro rata basis the aggregate principal amount set forth on Schedule I attached hereto, together with accrued interest to such Sinking Fund Redemption Date, but without Make-Whole Premium (the "Sinking Fund Redemption Price").
Mandatory Sinking Fund Redemption. The Series 2022 A Bonds maturing on July 1, 20__ shall be retired by Sinking Fund Installments which shall be accumulated in the Principal Account at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued interest to the redemption date. The Sinking Fund Installments shall be sufficient to redeem the principal amount of the Series 2022 A Bonds on July 1 in each of the years and in the principal amounts as follows: Date Principal Amount * Final Maturity Mandatory Sinking Fund Redemption. The Series 2022 B Bonds maturing on July 1, 20__ shall be retired by Sinking Fund Installments which shall be accumulated in the Principal Account at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued interest to the redemption date. The Sinking Fund Installments shall be sufficient to redeem the principal amount of the Series 2022 B Bonds on July 1 in each of the years and in the principal amounts as follows: Date Principal Amount * Final Maturity Redemption in Part Whenever any Bonds are to be called for redemption in part, such Bonds may be called for redemption in any order of maturity and in any principal amount within a maturity as the Authority may designate, with the consent of the College, and in the case of any Bonds subject to scheduled mandatory redemption, the Authority may designate, with the consent of the College, whether such partial redemption shall be credited against the principal amount due at maturity or against particular scheduled Sinking Fund Installments with respect to such Bond. The Series 2022 A Bonds to be redeemed within any maturity shall be selected by the Trustee by lot or by any other method. See “DESCRIPTION OF THE BONDS – Book-Entry-Only System.” If the Series 2022 B Bonds are registered in book-entry-only form and so long as DTC or a successor securities depository is the sole registered owner of the Series 2022 B Bonds, if less than all of the Series 2022 B Bonds of a maturity are called for redemption, the particular Series 2022 B Bonds of such maturity or portions thereof to be redeemed will be selected on a pro rata pass-through distribution of principal basis in accordance with the DTC procedures. It is the intention of the Authority that redemption allocations of the Series 2022 B Bonds made by DTC be made on a pro rata pass-through distribution of principal basis as described above. However, none of the Authority, the College or the Underwriters of the Series 2022 ...
Mandatory Sinking Fund Redemption. (i)The Bonds maturing on November 15 in each of the years 20__, 20__, 20__, 20__, 20__, and 20__, are subject to mandatory sinking fund redemption by application of the Sinking Fund Installments as provided herein on each May 15 and November 15, commencing on the respective dates set forth below, at a Redemption Price equal to 100% of the Principal Amount of each such Bond or portion thereof to be redeemed, plus accrued interest to the date of redemption thereof, without premium, on the respective dates and in the amounts set forth in the following tables: Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed Bonds Maturing on November 15, 20__ Principal Amount Sinking Fund Redemption Date To Be Redeemed
Mandatory Sinking Fund Redemption. The Bonds are subject to mandatory sinking fund redemption on the Interest Payment Date occurring in the month of December in each of the years set forth below commencing on the Interest Payment Date occurring in December of 1997 (each, a "Mandatory Sinking Account Payment Date"), at a redemption price equal to 100% of the principal amount thereof plus accrued interest as follows: Mandatory Sinking Year Account Payments ---- ---------------- 1997 30,000 1998 35,000 1999 35,000 2000 40,000 2001 40,000 2002 40,000 2003 40,000 2004 45,000 2005 45,000 2006 50,000 2007 50,000 2008 50,000 2009 55,000 2010 55,000 2011 60,000 2012 60,000 2013 65,000 2014 65,000 2015 70,000 2016* 70,000 *Final maturity of the Bonds is December 1, 2016 Optional Redemption On or prior to the Conversion Date, the Bonds are subject to redemption by the Authority, at the option of the Company, at any time, subject to the notice provisions described below, in whole or in part, at the redemption price of 100% of the principal amount thereof being redeemed plus accrued interest to the redemption date. No such optional redemption shall occur unless there shall be available in the Bond Fund established under the Indenture sufficient Available Moneys (as defined in the Indenture) to pay all amounts due with respect to such a redemption. In the event any of the Bonds or portions thereof are called for redemption as aforesaid, notice of the call for redemption, identifying the Bonds or portions thereof to be redeemed and the redemption price (including the premium, if any), shall be given by the Trustee by mailing a copy of the redemption notice by first-class mail at least thirty (30) days but not more than sixty (60) days prior to the date fixed for redemption to the Owner of each Bond to be redeemed in whole or in part at the address shown on the registration books. Any notice mailed as provided above shall be conclusively presumed to have been duly given, whether or not the Owner receives the notice. No further interest shall accrue on the principal of any Bond called for redemption after the redemption date if Available Moneys (as defined in the Indenture) sufficient for such redemption have been deposited with the Trustee. Notwithstanding the foregoing, the notice requirements contained in the first sentence of this paragraph may be deemed satisfied with respect to a transferee of a Bond which has been purchased pursuant to the Demand Purchase Option under certain circumstances provided i...
Mandatory Sinking Fund Redemption. The $ Term Bond maturing on August 1, 20 , is also subject to mandatory sinking fund redemption on each mandatory sinking fund redemption date and in the respective principal amounts as set forth in the following schedule, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, together with interest accrued thereon to the date fixed for redemption: Mandatory Sinking fund Redemption Date (August 1) Principal Amount to be Redeemed $ † † Maturity. The principal amount to be redeemed in each year shown in the tables above will be reduced proportionately, in integral multiples of $5,000, by the amount of such Term Bond optionally redeemed prior to the mandatory sinking fund redemption date, if any.] SCHEDULE A Bond Pricing LIVERMORE VALLEY JOINT UNIFIED SCHOOL DISTRICT (Alameda and Contra Costa Counties, California) GENERAL OBLIGATION BONDS, ELECTION OF 2016 (MEASURE J), SERIES 2019 [To come] APPENDIX B PROPOSED FORM OF SUPPLEMENTAL OPINION OF BOND COUNSEL [To come] APPENDIX C ISSUE PRICE CERTIFICATE $[Par Amount] LIVERMORE VALLEY JOINT UNIFIED SCHOOL DISTRICT (Alameda and Contra Costa Counties, California) GENERAL OBLIGATION BONDS, ELECTION OF 2016 (MEASURE J), SERIES 2019 The undersigned, on behalf of Xxxxxx, Xxxxxxxx & Company, Incorporated, as representative (the “Representative”) on behalf of itself and RBC Capital Markets, LLC (collectively, the “Purchaser”), based on information available to it, hereby certifies as set forth below with respect to the sale and issuance of the above-captioned obligations (the “Bonds”).
Mandatory Sinking Fund Redemption. The Series 2024 Bonds are issued as Term Bonds subject to mandatory sinking fund redemption prior to maturity, at a redemption price equal to the purchase amount thereof plus accrued interest to the date of redemption in accordance with the following schedule: 20 Term Bond Date Amount Date Amount *Final Maturity The Trustee shall credit against the mandatory sinking fund requirement for the Series 2024 Bonds, and corresponding mandatory redemption obligation, in the order determined by the Issuer, any Series 2024 Bonds which have previously been redeemed (otherwise than as a result of a previous mandatory redemption requirement) or delivered to the Trustee for cancellation or purchased for cancellation by the Trustee and not theretofore applied as a credit against any redemption obligation. Each Series 2024 Bond so delivered or cancelled shall be credited by the Trustee at one hundred percent (100%) of the principal amount thereof against the mandatory sinking fund obligation on such mandatory redemption date, and any excess of such amount shall be credited on future redemption obligations, and the principal amount of bonds to be redeemed by operation of the mandatory sinking fund requirement shall be accordingly reduced; provided, however, the Trustee shall only credit such bonds to the extent received on or before forty-five
Mandatory Sinking Fund Redemption. The Bonds maturing June 1, 20__are subject to mandatory redemption in part by lot, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on June 1 in the respective years as set forth in the following table; provided, however, that if some but not all of the Bonds have been optionally redeemed, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of the Bonds so redeemed, to be allocated among such sinking fund payments in integral multiples of $5,000 as determined by the Authority (as set forth in a schedule provided by the Authority to the Trustee). Term Bonds Maturing July 1, 2047 Sinking Fund Redemption Date Principal Amount (June 1) To Be Redeemed $ (Maturity)
