Mandatory Sinking Fund Redemption Sample Clauses

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
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Mandatory Sinking Fund Redemption. The Series 1998B Bonds will be subject to mandatory redemption and payment prior to their stated maturity on September 1 of each year, at 100% of the principal amount thereof, plus accrued interest to the redemption date, without premium, in accordance with the Indenture. Selection of Series 1998B Bonds to be Redeemed. Series 1998B Bonds shall be redeemed in the principal amount of $5,000 or any integral multiple of $5,000 in excess thereof; provided no partial redemption shall result in any Series 1998B Bond remaining Outstanding in a principal amount less than $100,000. Series 1998B Bonds shall be redeemed(by such method as the Trustee shall deem equitable, provided that for this purpose Series 1998B Bonds of a denomination larger than the minimum authorized denomination or integral multiples thereof shall be treated on the same basis as if they were the appropriate number of Series 1998B Bonds of such minimum authorized denomination. The portions of the principal of outstanding Series 1998B Bonds so selected for partial redemption shall be equal to such minimum authorized denomination or integral multiples thereof. Any Series 1998B Bond which is to be redeemed only in part shall be submitted to the Paying Agent and delivered to the Trustee who shall authenticate and deliver to the Owner of such Series 1998B Bond, without service charge, a new Series 1998B Bond or Series 1998B Bonds, of any authorized denomination as requested by such Owner in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Series 1998B Bonds so surrendered. If the Owner of any such Series 1998B Bond of a denomination greater than the minimum authorized denomination for such Series 1998B Bond fails to present such Series 1998B Bond to the Paying Agent for payment and exchange as aforesaid, such Series 1998B Bond shall, nevertheless, become due and payable on the redemption date to the extent of the principal amount of such Series 1998B Bond called for redemption (and to that extent only).
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 in this Section (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 and among the Holders of the Certificates of each Series 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 Series A Series B Series C Certificates Certificates Certificates Sinking Fund with a Maturity of with a Maturity of with a Maturity of Redemption Date January 15, 2017 January 15, 2018 January 15, 2014 ---------------- ------------------ ------------------ ------------------ July 15, 1997 0 0 0 January 15, 1998 251,178 250,140 115,520 July 15, 1998 415,862 0 0 January 15, 1999 131,798 250,140 333,520 July 15, 1999 535,242 0 0 January 15, 2000 121,651 250,140 333,520 July 15, 2000 545,389 0 0 January 15, 2001 213,402 250,140 333,520 July 15, 2001 453,638 0 0 January 15, 2002 411,194 250,140 333,520 July 15, 2002 255,846 0 0 January 15, 2003 667,040 250,140 385,819 July 15, 2003 0 0 0 January 15, 2004 667,040 250,140 754,137 July 15, 2004 0 0 0 January 15, 2005 667,040 250,140 859,087 July 15, 2005 0 0 0 January 15, 2006 667,040 250,140 829,358 July 15, 2006 0 0 0 January 15, 2007 667,040 250,140 3,774,211 July 15, 2007 0 0 0 January 15, 2008 667,040 250,140 670,131 July 15, 2008 0 0 0 January 15, 2009 667,040 250,140 1,727,695 July 15, 2009 0 0 0 January 15, 2010 667,040 250,140 1,745,042 July 15, 2010 0 0 0 January 15, 2011 667,040 2,755,586 169,963 July 15, 2011 0 0 0 January 15, 2012 667,040 3,067,959 0 July 15, 2012 0 0 0 January 15, 2013 3,511,558 1,433,450 0 July 15, 2013 0 0 0 January 15, 2014 1,240,715 0 4,092,957 July 15, 2014 0 0 0 January 15, 2015 5,752,472 0 0 July 15, 2015 0 0 0 January 15, 2016 6,200,717 0 0 July 15, 2016 0 0 0 January 15, 2017 6,640,938 42,957 0 January 15,...
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 Bonds maturing on ___________ 1, 20__ are 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 So long as the Bonds are held by the Bond Purchaser, the Bonds do not need to be presented for payment upon mandatory sinking fund redemption.
Mandatory Sinking Fund Redemption. The Bonds are subject to mandatory redemption on the Interest Payment Date occurring in the month of May in each of the years set forth below commencing on the Interest Payment Date occurring on June 3 of 1998 (each, a "Mandatory Sinking Account Payment Date"), at a redemption price equal to 100% of the principal amount thereof plus accrued interest as follows: BONDS Mandatory Sinking Year Account Payments 1999 $125,000.00 2000 $120,000.00 2001 $125,000.00 2002 $130,000.00 2003 $140,000.00 2004 $150,000.00 2005 $155,000.00 2006 $165,000.00 2007 $175,000.00 2008 $185,000.00 2009 $195,000.00 2010 $205,000.00 2011 $220,000.00 2012 $230,000.00 *2013 $245,000.00 *Final maturity
Mandatory Sinking Fund Redemption. The 2015 Term Bonds, upon notice as hereinafter provided, shall also be subject to mandatory sinking fund redemption prior to maturity, in part on June 1 of each year on the Mandatory Sinking Account Payment Dates specified in Section 5.03, by lot, from and in the amount of the mandatory sinking account payments set forth in Section 5.03 at a redemption price equal to the sum of the principal amount thereof plus accrued interest thereon to the redemption date, without premium.
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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)
Mandatory Sinking Fund Redemption. The Bonds maturing on October 15, 20 are also subject to mandatory redemption prior to their stated maturity, in part by lot, from sinking account payments derived from scheduled Base Rental Payments made by the City and deposited in the Series 2014A Bonds Sinking Account, on each sinking fund redemption date commencing October 15, 20 , at a redemption price equal to the principal amount thereof to be redeemed and interest accrued thereon to the dates fixed for mandatory redemption, without premium, according to the following schedule: Sinking Fund Redemption Date Principal Amount to be Redeemed or Purchased $ * * Maturity date. The Bonds maturing on October 15, 20 are also subject to mandatory redemption prior to their stated maturity, in part by lot, from sinking account payments derived from scheduled Base Rental Payments made by the City and deposited in the Series 2014A Bonds Sinking Account, on each sinking fund redemption date commencing October 15, 20 , at a redemption price equal to the principal amount thereof to be redeemed and interest accrued thereon to the dates fixed for mandatory redemption, without premium, according to the following schedule: Sinking Fund Redemption Date Principal Amount to be Redeemed or Purchased $ * * Maturity date. APPENDIX A XXXX COUNSEL SUPPLEMENTAL OPINION , 2014 City of San Diego San Diego, California Public Facilities Financing Authority of the City of San Diego San Diego, California , as Representative of the Underwriters , California On the date hereof, as Bond Counsel to The City of San Diego (the “City”), we have rendered to the City our final legal opinion (the “Approving Opinion”) concerning the validity of
Mandatory Sinking Fund Redemption. The Bonds are subject to mandatory sinking fund redemption on the Interest Payment Date occurring in the month of August in each of the years to , in the principal amounts set forth in the Indenture, at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest to the date of redemption.
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