Redemption of Refunded Bonds. From the moneys on deposit in the Escrow Fund, the Escrow Agent shall redeem the Refunded Bonds at a redemption price equal to 100% of the principal amount thereof plus accrued interest to said redemption date. Any moneys remaining in the Escrow Fund after payment of the redemption price of the Refunded Bonds in full as provided herein shall be repaid by the Escrow Agent to the City.
Redemption of Refunded Bonds. (a) Pursuant to the Series 2009 Bond Resolution, the District has elected to call the Series 2009B Refunded Bonds for redemption and payment prior to maturity on the Crossover Date. In accordance with the provisions of the Series 2009 Bond Resolution, the District has provided the Refunded Bond Paying Agent with irrevocable instructions to provide notice of redemption of the Series 2009B Refunded Bonds as required by the Series 2009 Bond Resolution.
Redemption of Refunded Bonds. The Escrow Agent acknowledges that (a) the Issuer has notified the Escrow Agent that the Issuer has elected to call the Refunded Bonds described in Schedule 2 hereto for redemption and payment prior to maturity, on the Redemption Date, in accordance with the Refunded Bond Resolution and (b) the Issuer has directed the Escrow Agent to notify the Paying Agent not less than 45 days and not more than 90 days prior to each Redemption Date of such call for redemption so that the Paying Agent may cause notice of the call for redemption and payment of the Refunded Bonds to be given on behalf of the Issuer in the manner provided in the Refunded Bond Resolution. The Escrow Agent agrees to give notice of said redemption, in substantially the form of Exhibit A attached hereto, on behalf of the Issuer. The Escrow Agent is further directed by the Issuer to give additional notice of defeasance in substantially the form of Exhibit B attached hereto, to the Paying Agent and to: (a) Prager, Sealy & Co., LLC, New York, New York, the original purchaser of the Series 2005 Bonds, and Financial Security Assurance Inc., the Bond Insurer of the Series 2005 Bonds, not more than 60 days after February 15, 2012. Notice shall also be given to certain repositories in order to comply with the provisions of Rule 15c2-12 of the Securities and Exchange Commission in substantially the form of Exhibit C attached hereto. Additional notice is for convenience in facilitating said redemption and defeasance; failure to give such notice as aforesaid, or any defect therein, shall not affect the validity of any proceedings for the redemption and defeasance of the Refunded Bonds.
Redemption of Refunded Bonds. At the direction of the County, the Authority irrevocably elects to redeem the Refunded Bonds on June 1, 2022. Pursuant to prior written instructions from the Authority, the Trustee has sent a conditional notice of the call for redemption, in the form of Exhibit C attached hereto, to
Redemption of Refunded Bonds. The Issuer acknowledges and confirms that the respective Refunded Bonds Trustees (as defined in the Agreement) have been notified that the entire outstanding principal amount of the Refunded Bonds is to be redeemed on April 3, 2006 with respect to the 1997 Bonds (as defined in the Agreement); April 12, 2006 with respect to the 2004 Bonds; and May 3, 2006 with respect to the 1988 Bonds. (End of Article IV) - -
Redemption of Refunded Bonds. At the direction of the County, the Authority irrevocably elects to redeem the Refunded 2011 Bonds on [ , 2021]. Pursuant to prior written instructions from the Authority, the Trustee has sent a conditional notice of the call for redemption, in the form of Exhibit E attached hereto, to (a) DTC, as the registered owner of the Refunded 2011 Bonds at its address as it appears on the registration books, and (b) the Electronic Municipal Market Access System maintained by the Municipal Securities Rulemaking Board (the “MSRB”) at xxxx.xxxx.xxx, by electronic transmission on [ , 2021], which date is not less than 30 days nor more than 60 days prior to the date fixed for redemption.
Redemption of Refunded Bonds. (a) Pursuant to the Series 2009 Bond Ordinance and the Refunding Bond Ordinance, the City has elected to call the Refunded Bonds for redemption and payment prior to maturity on the Redemption Date. In accordance with the provisions of the Series 2009 Bond Ordinance, the City has provided the Paying Agent with irrevocable instructions to provide notice of redemption of the Refunded Bonds as required by the Series 0000 Xxxx Xxxxxxxxx.
Redemption of Refunded Bonds
