Examples of Option Bonds in a sentence
Such notice shall be given by mailing a copy of such notice not less than thirty (30) days nor more than sixty (60) days prior to the redemption date or, in the case of Variable Interest Rate Bonds or Option Bonds, such shorter period as shall be established by the Supplemental Indenture authorizing such Bonds.
Any such obligations, including the Trustee's obligation to pay tender fees to the Bank on behalf of the registered owners of the Option Bonds from amounts which would otherwise be payable as interest on the Option Bonds due to such owners, are hereby incorporated herein by reference.
Nothing herein shall be deemed to limit the right of the Corporation to issue Option Bonds or Bonds or other bonds or notes to refund Outstanding Bonds and such issuance shall not be deemed to constitute an extension of the maturity of the Bonds.
The applicable Proceeds Fund or any escrow account created in accordance with Section 5.08 hereof and all earnings on such funds and accounts is hereby pledged solely to the payment of the principal, redemption, purchase or tender premium, if any, and interest on the respective Series of Convertible Option Bonds or Short‐Term Bonds, and not otherwise.
The Sole Issue Manager, Lead Underwriter and Sole Bookrunner agrees to underwrite, on a firm basis, the Offer of the Firm Bonds only up to the amount of itsUnderwriting Commitment specified in Schedule 1 of this Agreement,and to the extent that the Oversubscription Option is exercised, the Oversubscription Option Bonds.