Mandatory Sinking Account Payment Date definition

Mandatory Sinking Account Payment Date means, for the Refunding Certificates with a stated Principal Payment Date of June 1, 20[ ], June 1, 20[ ] and each June 1 thereafter continuing through and including June 1, 20[ ], and for the Refunding Certificates with a stated Principal Payment Date of June 1, 20[ ], June 1, 20[ ], and each June 1 thereafter continuing through and including June 1, 20[ ].

Mandatory Sinking Account Payment Date means, with respect to the Series 2004 Subordinated Bonds, each March 15, June 15, September 15 and December 15 beginning March 15, 2007; and with respect to Additional Subordinated Bonds, any date on which such Additional Subordinated Bonds are subject to mandatory redemption from sinking account payments as specified in a Supplemental Indenture related to such Additional Subordinated Bonds.

Mandatory Sinking Account Payment Date means December 1 of each year commencing December 1, 2014 and terminating December 1, 2028 for the 2014A Bonds, and December 1, 2022 for the 2014B Bonds, as more particularly set forth pursuant to Section 2.03(c) hereof.

Examples of Mandatory Sinking Account Payment Date in a sentence

• The Trustee, on each Principal Payment Date and each Mandatory Sinking Account Payment Date, shall deposit in the Principal Fund that amount of moneys representing the portion of the Base Rental Payments designated as the principal component coming due on such Principal Payment Date or Mandatory Sinking Account Payment Date.

• Mandatory Sinking Account Payment Date (June 1) Mandatory Sinking Account Payments *Maturity If the 2015 Series B Term Bonds are optionally redeemed in part, the Authority may designate the Mandatory Sinking Account Payments to be allocated to such optional redemption.

• On each Principal Payment Date and each Mandatory Sinking Account Payment Date, the Trustee shall withdraw from the Principal Fund, for payment to the Owners, the principal evidenced bythe Certificates due and payable on such Principal Payment Date or Mandatory Sinking Account Payment Date.

• Mandatory Sinking Account Payment Date (June 1) Mandatory Sinking Account Payments *Maturity If the 2015 Series A Term Bonds are optionally redeemed in part, the Authority may designate the Mandatory Sinking Account Payments to be allocated to such optional redemption.

• On each Principal Payment Date and each Mandatory Sinking Account Payment Date, the Trustee shall withdraw from the Principal Fund, for payment to the Owners, the principal evidenced by the Refunding Certificates due and payable on such Principal Payment Date or upon earlier prepayment from Mandatory Sinking Account Payments.

• Mandatory Sinking Account Payment Date (October 1) Mandatory Sinking Account Payments * Maturity Date.

• On or before each Mandatory Sinking Account Payment Date, the Trustee shall deposit in the Principal Account an amount of money equal to the aggregate amount of all Mandatory Sinking Account Payments required to be made on the next succeeding Mandatory Sinking Account Payment Date into the respective sinking fund accounts for all Outstanding Term Bonds.

• The Trustee, on each Principal Payment Date and Mandatory Sinking Account Payment Date, shall deposit in each account within the Principal Fund that amount of moneys evidencing the portion of the Base Rental Payments designated as the principal component coming due on such Principal Payment Date or Mandatory Sinking Account Payment Date with respect to the corresponding Series of Certificates.

• Such Term Bonds are subject to Mandatory redemption from the following Mandatory Sinking Fund Payments: Mandatory Sinking Account Payment Date (September 1) Principal Amount (b) Series 2021 Term Bonds maturing September 1, 20 , are subject to mandatory redemption by lot on September 1 of each year from Mandatory Sinking Account Payments at a Redemption Price equal to the principal amount thereof to be redeemed together with interest accrued to the date of redemption, without premium.

• No deposit need be made in the Principal Account if the amount contained therein is at least equal to the aggregate amount of all Mandatory Sinking Account Payments required to be made on such Mandatory Sinking Account Payment Date for all Outstanding Term Bonds.

More Definitions of Mandatory Sinking Account Payment Date

Mandatory Sinking Account Payment Date if applicable, means June 1 of each year set forth in any Supplemental Indenture. Maximum Annual Debt Service

Mandatory Sinking Account Payment Date means a date on which a Mandatory Sinking Account Payment is required to be paid pursuant to Section 4.04 hereof.

Mandatory Sinking Account Payment Date means (a) for the Certificates, on each January 1, from and after the first January 1 occurring at least twelve months following the Acquisition Date, and (b) with respect to Provider Certificates, the dates determined pursuant to the applicable Credit and/or Liquidity Facility.

Mandatory Sinking Account Payment Date if applicable, means November 1 of each year set forth in Section 4.03 and in any Supplemental Trust Agreement. Moody’s

Mandatory Sinking Account Payment Date means, for the Certificates with a stated Principal Payment Date of August 1, 20 , August 1, 20 and each August 1 thereafter continuing through and including August 1, 20 , and for the Certificates with a stated Principal Payment Date of August 1, 20 , August 1, 20 and each August 1 thereafter continuing through and including August 1, 20 .