Examples of 2003D Bonds in a sentence
Not less than 60 days before the end of any Term Rate Period (including the initial Term Rate Period with respect to the Series 2003C Bonds, the Series 2003D Bonds and the Series 2003E Bonds) or 60 days before the end of any Auction Rate Period with respect to the Bonds of any Series, the Borrower shall appoint a Remarketing Agent with the consent of the Issuer.
Neither Xx. Xxxxxx, nor any affiliated employees or subcontractors, shall be the agent(s) or employee(s) of the Company or the Company Bank under the meaning or application of any federal or state laws, including but not limited to unemployment insurance or worker’s compensation laws.
Except as provided in Section 2.08 hereof, the total principal amount of Bonds that may be issued hereunder is hereby expressly limited to $165,000,000, consisting of Series 2003A Bonds in an amount not to exceed $50,000,000, Series 2003B Bonds in an amount not to exceed $50,000,000, Series 2003C Bonds in an amount not to exceed $30,000,000, Series 2003D Bonds in an amount not to exceed $20,000,000, and Series 2003E Bonds in an amount not to exceed $15,000,000.
Upon such deposit, the Issuer will be deemed to have made five loans to the Borrower, one in an amount equal to the principal amount of the Series 2003A Bonds, one in an amount equal to the principal amount of the Series 2003B Bonds, one in an amount equal to the principal amount of the Series 2003C Bonds, one in an amount equal to the principal amount of the Series 2003D Bonds and one in an amount equal to the principal amount of the Series 2003E Bonds.
The Bonds shall be issued as fully registered bonds, without coupons, in Authorized Denominations and shall be dated the Dated Date and shall mature, subject to prior redemption or purchase upon the terms and conditions hereinafter set forth, on the following dates: the Series 2003A Bonds, on March 1, 2038; the Series 2003B Bonds, on March 1, 2038; the Series 2003C Bonds, on March 1, 2038; the Series 2003D Bonds, on March 1, 2038 and the Series 2003E Bonds, on March 1, 2038.
The rights to receive payments under the T&D for the Series 2003D Bonds were released in 2009 as the Series 2003D Bonds are held as Treasury Bonds.
Any amounts remaining in any account within the Costs of Issuance Fund six months following the date of issuance of the Series 2003D Bonds and the Series 2003E Bonds shall be transferred to the Construction Fund.