Examples of Modal Agreement in a sentence
Reference is hereby made to the Bond Resolution and the Modal Agreement for a more complete description of the nature and extent of the security, the rights of the Owners of the Bonds and the terms and conditions upon which the Bonds are, and are to be issued and secured, to all the provisions of which Bond Resolution, each Owner by the acceptance hereof assents.
The Series 2014_ Bonds are subject to mandatory redemption prior to maturity through the application of sinking fund payments, in Authorized Denominations, selected by the Bond Registrar, at a redemption price equal to 100% of the principal amount thereof, plus accrued interest to the date fixed for redemption, on April 1 in each of the years and in the respective principal amounts as provided in the Modal Agreement.
Once the approved programmes under CSR are communicated to the units, they will be required to enter into an agreement with each of the executing/ implementing agency as per the Standard Modal Agreement approved by CSR Committee or any Director authorised by CSR Committee.
All capitalized terms not defined herein shall have the meanings assigned to them in the Bond Resolution or in the hereinafter defined Modal Agreement.
It may be objected that I am inventing a problem where there is none.
The Modal Agreement provides that the Board may change the Interest Rate Determination Method for the Series 2014_ Bonds, subject to the terms and conditions set forth therein.
This Series 2014_ Bond is subject to mandatory tender for purchase as provided in the Modal Agreement on any Mandatory Purchase Date (e.g., any proposed Conversion Date, a Bank Purchase Date and certain dates designated by the Owner or the Board) at the Purchase Price thereof.
Modifications or alterations to the Modal Agreement or the Credit Facility may be made only to the extent and in the circumstances permitted by the Modal Agreement.
Approval of the form of the Modal Agreement and the Remarketing Agreement with respect to the Variable Rate Bonds.
This Modal Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument.