The Bonds. Each Class of Bonds shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Bonds through the book- entry facilities of the Depository in minimum initial Bond Principal Balances of $25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee may for all purposes (including the making of payments due on the Bonds) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Bonds for the purposes of exercising the rights of Holders of the Bonds hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Bonds shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Bonds as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Bonds shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Bondholders and give notice to the Depository of such record date. Without the consent of the Issuer and the Indenture Trustee, no Bond may be transferred by the Depository except to a successor Depository that agrees to hold such Bond for the account of the Beneficxxx Owners.
The Bonds. Each Class of Bonds shall be registered in the name of a nominee designated by the Depository. Beneficial Owners will hold interests in the Bonds through the book-entry facilities of the Depository in minimum initial Bond Principal Balances or Notional Amounts of $25,000 and integral multiples of $1 in excess thereof. The Indenture Trustee may for all purposes (including the making of payments due on the Bonds) deal with the Depository as the authorized representative of the Beneficial Owners with respect to the Bonds for the purposes of exercising the rights of Holders of the Bonds hereunder. Except as provided in the next succeeding paragraph of this Section 4.01, the rights of Beneficial Owners with respect to the Bonds shall be limited to those established by law and agreements between such Beneficial Owners and the Depository and Depository Participants. Except as provided in Section 4.08 hereof, Beneficial Owners shall not be entitled to definitive certificates for the Bonds as to which they are the Beneficial Owners. Requests and directions from, and votes of, the Depository as Holder of the Bonds shall not be deemed inconsistent if they are made with respect to different Beneficial Owners. The Indenture Trustee may establish a reasonable record date in connection with solicitations of consents from or voting by Bondholders and give notice to the Depository of such record date. Without the consent of the Issuer and the Indenture Trustee, no Bond may be transferred by the Depository except to a successor Depository that agrees to hold such Bond for the account of the Beneficixx Xwners.
The Bonds. Section 2.01.
The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the amount of NOK 1,500,000,000 (NOK one billion five hundred million). The Bonds will be in denominations of NOK 1,000,000 each and shall rank pari passu between themselves. The Bond Issue will be described as “FRN Höegh LNG Holdings Ltd. Senior Unsecured Callable Open Bond Issue 2017/2022”. The International Securities Identification Number (ISIN) of the Bond Issue will be NO 0010782949. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.
The Bonds. Satisfaction and Discharge of Indenture Section 4.01 The Bonds.............................................................................27
The Bonds. Subparagraph (a) is deleted in its entirety and replaced with:
The Bonds. The Bonds have been acquired by Xxxxxxx Mac and transferred to the Series Pool created by the Series Certificate Agreement.
The Bonds. 2.2.1 The Issuer has resolved to issue a series of Bonds in the maximum amount of NOK 500,000,000 (Norwegian kroner fivehundredmillion). The Bond Issue may comprise of one or more tranches issued on different issue dates. The first tranche will be in the amount of NOK 300,000,000 (Norwegian kroner threehundredmillion). The Face Value is NOK 500,000. The Bonds shall rank pari passu between themselves. The Bond Issue will be described as “FRN Klaveness Ship Holding AS Senior Unsecured Callable Bond Issue 2016/2021”. The ISIN of the Bond Issue will be NO 0010779549. The tenor of the Bonds is from and including the Issue Date to the Maturity Date.
The Bonds. The Bonds shall be dated their Date of Delivery. The Bonds shall otherwise be as described in the Official Statement (as defined herein), and shall be issued and secured pursuant to the provisions of the resolution of the District adopted on March 15, 2021 (the “Resolution”), this Purchase Contract, and Articles 9 and 11 of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code (the “Act”). The Bonds shall be executed and delivered under and in accordance with the provisions of this Purchase Contract and the Resolution. The Bonds shall bear CUSIP numbers, and shall be in fully registered book-entry form, registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”). The Bonds shall initially be in authorized denominations of Five Thousand Dollars ($5,000) principal amount, or any integral multiple thereof. The paying agent for the Bonds, as designated by the Resolution, shall be U.S. Bank National Association (the “Paying Agent”). The net proceeds of the Series A Bonds will be used to currently refund the District’s outstanding 2016 General Obligation Refunding Bonds (the “2016 Refunding Bonds”) maturing on August 1, 2040. The net proceeds of the Series B Bonds will be used to advance refund (i) the District’s outstanding 2012 General Obligation Refunding Bonds, maturing on August 1, 20 through and including August 1, 20 (the “2012 Refunding Bonds”), (ii) the District’s outstanding 2014 General Obligation Refunding Bonds maturing on August 1, 20 through and including August 1, 20 (the “2014 Refunding Bonds”), (iii) the District’s outstanding 2015 General Obligation Refunding Bonds maturing on August 1, 20 through and including August 1, 20 (the “2015 Refunding Bonds”) and (iv) the outstanding 2016 Refunding Bonds maturing on August 1, 20 through and including August 1, 20 (and together with the 2012 Refunding Bonds, the 2014 Refunding Bonds, the 2015 Refunding Bonds, and the 2016 Refunding Bonds described above, the “Refunded Bonds”). Pursuant to an escrow agreement dated as of 1, 2021 (the “Escrow Agreement”), by and between the District and U.S. Bank National Association, as escrow agent (the “Escrow Agent”), the net proceeds of the Bonds will be deposited into an escrow fund held pursuant to the Escrow Agreement and invested in certain Federal Securities, as such term is defined in the Resolution, the principal of and interest on which shall be used to pay the redemption prices of the Refunded ...
