Mandatory Redemption Dates definition

Mandatory Redemption Dates means those dates on which outstanding Bonds will be mandatorily redeemed by the Local Government Unit in accordance with the terms of the Bonds and the Purchase Proposal.
Mandatory Redemption Dates means, as to Bonds, if any, which are Term Bonds, the date specified in the Certificate of Award as the dates on which such Term Bonds are to be redeemed through the application of Mandatory Sinking Fund Installments.
Mandatory Redemption Dates means the dates to be specified in the Certificate of Fiscal Officer in which such Bonds that are Term Bonds are to be redeemed pursuant to applicable Mandatory Sinking Fund Requirements.

Examples of Mandatory Redemption Dates in a sentence

  • The Bonds shall be identified by the Dated Date, shall be dated as of the Authentication Dates, shall bear (or accrue) interest at the rate(s) (or yield(s)), payable (or compounded) on the appropriate Interest Payment Dates, and shall mature on the Maturity Dates (or be redeemed, mandatorily, on the appropriate Mandatory Redemption Dates, as provided in Section 4.03) and in the principal amounts (or maturity amounts) set forth in Section 3.01.

  • If any of the Bonds are issued as Term Bonds, the Term Bonds shall be subject to mandatory sinking fund redemption and be redeemed pursuant to Mandatory Sinking Fund Redemption Requirements, at a redemption price of 100% of the principal amount redeemed, plus interest accrued to the redemption date, on the Mandatory Redemption Dates.

  • If any of the Bonds are issued as Term Bonds, the Term Bonds shall be subject to mandatory sinking fund redemption and be redeemed pursuant to Mandatory Sinking Fund Redemption Requirements, at a redemption price of 100 percent of the principal amount redeemed, plus interest accrued to the redemption date, on the Mandatory Redemption Dates.

  • Term Bonds shall be redeemed prior to maturity by the Sinking Fund Depository without further authorization on the appropriate Mandatory Redemption Dates and in the appropriate principal amounts set forth in Article 1 and in Section 3.01 hereof upon payment of the applicable Redemption Price.

  • The Stated Maturity Dates and the Mandatory Redemption Dates established in accordance with Articles III and IV are Principal Payment Dates for the purposes of the Master Debt Resolution.


More Definitions of Mandatory Redemption Dates

Mandatory Redemption Dates means that date, or those dates, as the same may vary by series, of each year during the term of the Bonds, if any, on which outstanding Bonds will be mandatorily redeemed by the Local Government Unit in accordance with the terms of the Bonds and the applicable Purchase Proposal.
Mandatory Redemption Dates means, with respect to the Series 2000 Bonds, the dates, if any, specified in the Series 2000 Certifi- cate of Award, as dates on which Series 2000 Bonds are to be required to be redeemed with moneys deposit- ed in the Bond Service Fund for the payment of mandatory sinking fund requirements, if any, for the Series 2000 Bonds specified in the Series 2000 Certificate of Award.
Mandatory Redemption Dates means the first day of the month in the years to be specified in the Certificate of Fiscal Officer in which the Combined Bonds that are Term Bonds are to be redeemed pursuant to Mandatory Sinking Fund Requirements.
Mandatory Redemption Dates means the dates in the years to be specified in the Certificate of Award in which such of Bonds as are Term Bonds are to be redeemed pursuant to Mandatory Sinking Fund Requirements.
Mandatory Redemption Dates means the first day of July in the years to be specified in the Certificate of Award in which the Combined Bonds that are Term Bonds are to be redeemed pursuant to Mandatory Sinking Fund Requirements.
Mandatory Redemption Dates means nineteenth day of December in the years to be specified in the Certificate of Award in which the Bonds are to be redeemed pursuant to Mandatory Sinking Fund Requirements.
Mandatory Redemption Dates. – means the dates on which DART is obligated to redeem Bonds in advance of their respective Stated Maturity Dates in accordance with Section 5.3, which dates are set forth in the Pricing Certificate.