Examples of 20 Term Bonds in a sentence
The 20 Term Bonds shall be subject to mandatory redemption and payment prior to Stated Maturity pursuant to the mandatory redemption requirements of this Section at a Redemption Price equal to 100% of the principal amount thereof plus accrued interest to the Redemption Date.
On the following redemption dates (each a “Sinking Fund Redemption Date”), the County will redeem the following respective principal amounts (subject to reduction as provided in the immediate preceding paragraph) of the Term Bonds: Term Bonds Maturing August 1, 20 Term Bonds Maturing August 1, 20 [The redemption price will be 100% of the principal amount redeemed, plus accrued interest to the Sinking Fund Redemption Date, and no premium will be paid.
In the event that a portion of any of the 20 Term Bonds shown above are optionally redeemed prior to maturity, the remaining mandatory sinking fund payments shown above shall be reduced proportionately, or as otherwise directed by the District, in integral multiples of $5,000 of principal amount, in respect of the portion of such 20 Term Bonds optionally redeemed.
TERM BONDSMandatory Sinking Fund Redemption Date(August 1) Principal Amount20 $202020 (maturity)2049 TERM BONDSThe Term Bonds maturing on August 1, 2049 (the “ 2049 Term Bonds” and collectively with the 20 Term Bonds, the “Term Bonds”), are subject to mandatory sinking fund redemption, in part by lot, on August 1 of each year, commencing August 1, 20 , and on each August 1 thereafter in accordance with the schedule set forth below.
The Trustee shall establish and maintain within the Principal Account a separate account for the 2014 Series A Term Bonds maturing on October 1, 20 , designated as the 20 Term Bonds Sinking Account.
On the following redemption dates (each a “Sinking Fund Redemption Date”), the County will redeem the following principal amounts (subject to reduction as provided in the immediate preceding paragraph) of the Term Bonds: Term Bonds Maturing September 1, 20 Term Bonds Maturing September 1, 20 The redemption price will be 100% of the principal amount redeemed, plus accrued interest to the Sinking Fund Redemption Date and no premium will be paid.
The principal amount of the 20 Term Bonds to be so redeemed and the redemption dates therefor, and the final payment date is as indicated in the following table.
The principal amount represented by such 20 Term Bonds to be so redeemed and the dates therefor and the final payment date is as indicated in the following table: Year Ending August 1PrincipalTo Be Redeemed Total (1) Maturity.
Maturity.In the event that a portion of any of the 20 Term Bonds shown above are optionally redeemed prior to maturity, the remaining mandatory sinking fund payments shown above shall be reduced proportionately, or as otherwise directed by the District, in integral multiples of $5,000 of principal amount, in respect of the portion of such 20 Term Bonds optionally redeemed.
The principal amount represented by such 20 Term Bonds to be so redeemed and the dates therefor and the final payment date is as indicated in the following table: (1) Maturity.