Examples of Mandatory Purchase Date in a sentence
Holders of Series 2014_ Bonds subject to mandatory tender for purchase shall tender such Series 2014_ Bonds to the Bond Registrar by 10:00 a.m., Local Time, on each Mandatory Purchase Date.
Notwithstanding the foregoing provisions of this Section, the Remarketing Agent shall be deemed to be the Holder of the Outstanding Bonds on any Mandatory Purchase Date for the purpose of giving any consent required under the terms of this Modal Agreement for the amendment of this Modal Agreement or the Credit Facility, if notice of such amendment has been given to the Persons to whom the Series 2014_ Bonds are proposed to be remarketed.
Subject to the provisions of Section 2.05(i), the Series 2014_ Bonds (or the applicable portion of the Series 2014_ Bonds during any Flexible Term Rate Period) shall be subject to mandatory tender for purchase on each Mandatory Purchase Date at the Purchase Price thereof.
On each Optional Tender Date and each Mandatory Purchase Date the Board shall cause the purchase (but solely from funds set forth below) of the Series 2014_ Bonds (or portions thereof), tendered (or deemed tendered) to the Bond Registrar for purchase in accordance with this Section at the applicable Purchase Price.
No Medium-Term Rate Period may be (A) less than 271 days, (B) extend beyond any scheduled Mandatory Purchase Date or the final maturity of the Series 2014_ Bonds or, (C) end on a day preceding a non-Business Day.