Examples of PID 1 Bonds in a sentence
The balance, if any, remaining in the Delinquency and Prepayment Reserve at the maturity of the PID 1 Bonds shall be used to redeem the bonds in accordance with the Trust Indenture.
The Bank will be subject to foreign laws when collecting foreign currency cheques on your behalf from an issuing bank outside Malaysia.
While the SCS distribution is typically used to evaluate rural catchments, it was useful as a method of comparing results with those presented in the Master Servicing Study, and Monahan Drain modeling.
Annual Installments include principal and interest on the PID 1 Bonds, Administrative Expenses, and the Additional Interest, and become delinquent if not paid by February 1st each year.
Limitations of Risk-Based Measures Are Magnified When Applied to Target Date tfunds In light of their limitations and difficulties discussed above, we oppose mandatory risk metrics being used either alone or in connection with the construction of a risk-based glide path.
Payments made by an owner pursuant to this section shall be used to reduce the outstanding principal amount of PID 1 Bonds and reduce the Assessments and Annual Installments for the affected Parcels, which reductions shall be calculated by the Administrator in accordance with the Bond Ordinance and Trust Indenture and approved by the Town Council in future Service and Assessment Plan Updates.
Payments made by a Prior Owner pursuant to this section shall be used to reduce the outstanding principal amount of PID 1 Bonds and reduce the Assessments and Annual Installments for the affected Parcels, which reductions shall be calculated by the Administrator in accordance with the Bond Ordinance and Trust Indenture and approved by the Town Council in future Service and Assessment Plan Updates.
The Delinquency and Prepayment Reserve shall be used as described in the Trust Indenture.The Town Council, as part of a Service and Assessment Plan Update, may also, from time to time, apply all or any portion of the balance in the Delinquency and Prepayment Reserve to reduce Administrative Expenses or to redeem PID 1 Bonds in accordance with the Trust Indenture.
Due to prepayments, the Annual Installments billed will not match the Annual Installments due until PID 1 Bonds are redeemed.EXHIBIT A – ASSESSMENT ROLL Notes: (1) Totals may not match the outstanding Assessment or Annual Installment due to rounding or prepayment of Assessment that have not yet redeemed PID Bonds.