Terms of the Bonds. There is hereby created and established a separate series of Securities designated "Waterford 3 Secured Lease Obligation Bonds, 8.09% Series due 2017" (the "Bonds"). The Bonds shall be issued in the aggregate principal amount, shall bear interest at the rate per annum and shall have the Stated Maturity of principal set forth below: Original Interest Final Principal Amount Rate Maturity ----------------- --------- -------- Bonds $307,632,000 8.09% January 2, 2017 The Bonds shall be substantially in the form of Exhibit A hereto. The interest on the Bonds shall be due and payable as and from the most recent interest payment date to which interest has been paid or duly provided for or, with respect to any Bond issued prior to the first interest payment date, the date of original issuance thereof, semiannually on January 2 and July 2 in each year (commencing January 2, 1998), until the principal amount of the Bonds is paid in full or duly provided for. Payment of the principal of and premium, if any, and interest on each Bond shall be made to the Holder thereof upon presentation and surrender thereof at the corporate trust office of any Paying Agent, except that (i) payments of interest and Installment Payment Amounts on such Bonds, other than such amounts payable on the Stated Maturity thereof, shall be made without presentation or surrender thereof, by check drawn upon the Paying Agent and mailed to the address of the Holder of such Bond at the close of business on the Regular Record Date for such payment (except as provided in Section 2.16 of the Original Indenture in the case of a defaulted interest or Installment Payment Amount payment) as such address shall appear in the Security Register, and (ii) if such Holder shall be a securities depositary, such payment may be made by such other means in lieu of check as shall be agreed upon by ELI, the Trustee and such Holder.
Terms of the Bonds. The Bonds shall be designated "Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue Bonds, Series 2008B (The York Water Company Project)" and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated as of the Dated Date and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth, on November 1, 2038. The Bonds shall bear interest at the rate of 6.00% per annum, from and including the date thereof until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions hereof, whether at maturity, upon redemption or otherwise. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds.
Terms of the Bonds. Each Bond shall have the terms and conditions described in the Bond issued by RVH, a copy of which is attached to this Agreement as Exhibit A and incorporated herein by such reference. The Bonds shall be issued by RVH. Bonds are unsecured, general obligations of RVH. You understand that you are NOT investing in, nor taking on direct financial risk of, any particular RVH investment. The Bonds may be purchased by both accredited investors (as that term is defined in the Securities Act of 1933, as amended (the “Securities Act”)) and non-accredited investors. Generally, we place no limit on the amount of Bonds which may be purchased by an accredited investor. Pursuant to Rule 251(d)(2)(C) of the Securities Act, however, non-accredited investors who are natural persons may only invest the greater of 10% of their annual income or net worth and non-accredited investors who are not natural persons may only invest up to 10% of the greater of their net assets or revenues for the most recently completed fiscal year. Investor may elect to have interest from the Bonds payable monthly or compounded monthly until repayment of the Bonds. If an Investor is an Individual Retirement Account (“IRA”) and elects to have a Bond payable monthly, immediately upon delivering written notice to the Investor, we may change such election to compounded monthly until repayment of the Bonds in our sole discretion. This provision shall survive the closing of this Agreement and the issuance of Bonds to Investor. NO ENTITY OR PERSON HAS BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY REPRESENTATION NOT CONTAINED IN THIS AGREEMENT OR THE OFFERING CIRCULAR AND, IF GIVEN OR MADE, SUCH INFORMATION OR REPRESENTATION MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY RVH.
Terms of the Bonds. The terms and conditions (each a "Condition", and together the "Terms of the Bonds") of the Bonds, issued by Baloise Life Ltd, and unconditionally and irrevocably guaranteed on a subordinated basis by Bâloise Holding Ltd, are established pursuant to the Bond Purchase and Paying Agency Agreement. The Terms of the Bonds govern the rights and obligations of the Issuer, the Guarantor and the Bondholders in relation to the Bonds and are as follows: I Denomination and form of the Bonds The Bonds are issued in the aggregate principal amount of CHF 300,000,000 and are divided into Bonds with denominations of CHF 5,000 and multiples thereof. The Issuer reserves the right to reopen and increase the aggregate principal amount of the Bonds issued at any time and without prior consultation or permission of the Bondholders through the issuance of further bonds which will be fungible with the Bonds (i.e., identical especially in respect of the Terms of the Bonds, security number, final maturity and interest rate). The Bonds and all rights in connection therewith are issued in uncertificated form in accordance with article 973c OR as uncertificated securities (Wertrechte) that will be created by the Issuer by means of a registration in its register of uncertificated securities (Wertrechtebuch). Such uncertificated securities (Wertrechte) will then be entered into the main register (Hauptregister) of the SIX SIS Ltd or any other intermediary in Switzerland recognized for such purposes by the SIX Swiss Exchange (SIX SIS Ltd or any such other intermediary, the "Intermediary"). Once the uncertificated securities (Wertrechte) are registered in the main register (Hauptregister) of the Intermediary and entered into the accounts of one or more participants of the Intermediary, the Bonds will constitute intermediated securities (Bucheffekten) (the "Intermediated Securities") in accordance with the provisions of the Swiss Federal Intermediated Securities Act (Bucheffektengesetz). Neither the Issuer, nor the Bondholders, nor UBS AG as principal paying agent in respect of the Bonds (the "Principal Paying Agent") shall at any time have the right to effect or demand the conversion of the uncertificated securities (Wertrechte) into, or the delivery of, a permanent global certificate (Globalurkunde) or definitive Bonds (Wertpapiere). So long as the Bonds are in the form of Intermediated Securities, the Bonds may only be transferred or otherwise disposed of in accordance with the provisio...
Terms of the Bonds. The Bonds shall be substantially in the form described in, shall be issued and secured pursuant to, shall be dated and be payable as provided in, and shall be subject to redemption as provided in the Paying Agent Agreement.
Terms of the Bonds. (a) The Bonds shall be issued in the aggregate principal amount of [ ] dollars ($[ ]). The Bonds shall be dated the date of issuance thereof, shall be issued only in fully registered form in Authorized Denominations (not exceeding the principal amount of Bonds maturing at any one time), shall bear interest at the Interest Rate and shall mature in the years and in the principal amounts subject to prior redemption as described in Article IV hereof: County of Contra Costa Public Financing Authority Lease Revenue Bonds (Refunding and Capital Projects), 2017 Series A Maturity Date (June 1) Principal Amount Interest Rate 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Interest on the Bonds shall be payable commencing June 1, 2017 and semiannually thereafter on June 1 and December 1 in each year. The Bonds shall pay interest to the registered owner thereof from the Interest Payment Date next preceding the date of authentication thereof, unless such date of authentication is after the Record Date for an Interest Payment Date, in which event they shall pay interest from such Interest Payment Date, or unless such date of authentication is on or prior to the Record Date for the first Interest Payment Date, in which event they shall pay interest from their dated date. The amount of interest so payable on any Interest Payment Date shall be computed on the basis of a 360-day year consisting of twelve 30-day months. Notwithstanding anything to the contrary in this Trust Agreement, the interest rate on the Bonds is subject to the following adjustments:
Terms of the Bonds. There are hereby created and established two separate series of Bonds designated, respectively, "SEABROOK 1 SECURED LEASE OBLIGATION BONDS, ___% SERIES DUE ___________" (hereinafter sometimes called the "SERIES [A] BONDS") and "SEABROOK 1 SECURED LEASE OBLIGATION BONDS, ____% SERIES DUE _______" (hereinafter sometimes called the "SERIES [B] BONDS"). The Series [A] Bonds and the Series [B] Bonds are hereinafter sometimes referred to, collectively, as the "199__ BONDS". The 199__ Bonds of each series shall be issued in the aggregate principal amounts, shall bear interest at the rates per annum and shall have the Stated Maturities of principal set forth below: ORIGINAL PRINCIPAL INTEREST STATED AMOUNT RATE MATURITY --------- -------- -------- Series [A] Bonds . . . . . $ % Series [B] Bonds . . . . . $ --------- $ The Series [A] Bonds and the Series [B] Bonds shall be substantially in the form of Exhibit A hereto. The interest on the 199__ Bonds of each series shall be due and payable as and from the most recent interest payment date to which interest has been paid or duly provided for or, with respect to any 199__ Bond issued prior to the first interest payment date, the date of original issuance thereof, semiannually on January 2 and July 2 in each year, commencing ____________, 1996, until the principal amount of the Bonds of such series has been paid in full or duly provided for. Payment of the principal of and premium, if any, and interest on each 199__ Bond shall be made to the Holder thereof upon presentation and surrender thereof at the corporate trust office of any Paying Agent, except that payments of interest and Installment Payment Amounts on such Bond, other than such amounts payable on the Stated Maturity thereof, shall be made without presentation or surrender thereof, by check drawn upon the Paying Agent and mailed to the address of the Holder of such Bond as such address shall appear in the Bond Register and except that if such Holder shall be a securities depositary, such payment may be made by such other means in lieu of check as shall be agreed upon by the Owner Trustee, the Lessee, the Indenture Trustee and such Holder.
Terms of the Bonds. The Bonds authorized to be issued by the Authority under and subject to the Bond Law and the terms of this Indenture shall be designated the “Perris Joint Powers Authority Local Agency Revenue Bonds (CFD No. 2004, IA 2 Refunding), 2015 Series C” which shall be issued in the original aggregate principal amount of
Terms of the Bonds. The Bonds shall be designated “Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue Bonds, Series B of 2004 (The York Water Company Project)” and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated their date of delivery and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth, on October 1, 2029. Interest on the Bonds shall be determined as provided in Article IIA. Interest on Bonds bearing interest at a Daily Rate, Weekly Rate or Monthly Rate shall be computed on the basis of a year of 365 or 366 days, as applicable, for the number of days actually elapsed. Interest on Bonds bearing interest at a Term Rate shall be computed on the basis of a 360-day year of twelve 30-day months. Notwithstanding any contrary provisions hereof, during any period in which a Bond is a Bank Bond, such Bonds shall bear interest at the Bank Rate, which shall be computed on the basis of a 360-day year consisting of twelve 30-day months (unless otherwise agreed to by the Company and the Bank). Each Bond shall bear interest (i) from the date of authentication, if authenticated on an Interest Payment Date to which interest has been paid or duly provided for, or (ii) from the last preceding Interest Payment Date to which interest has been paid or duly provided for (or the Dated Date if no interest thereon has been paid) in all other cases. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds. The Bonds are subject to optional redemption, mandatory redemption and special mandatory redemption prior to maturity, and optional and mandatory tender for purchase as set forth in Article IV and Article V, respectively, hereof.
Terms of the Bonds. The Bonds shall be designated "York County Industrial Development Authority Exempt Facilities Revenue Bonds, Series 2015 (The York Water Company Project)" and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated as of the Dated Date and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth herein. The Bonds shall bear interest at the rate provided therein, from and including the date thereof until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions hereof, whether at maturity, upon redemption or otherwise. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds.
