Principal Retirement Schedule definition

Principal Retirement Schedule means the schedule for the retirement of the principal of Bonds on the Principal Retirement Dates, in accordance with their stated terms, in the years of Principal Retirement Dates and in the amounts to be retired which shall be determined in the Certificate of Award.
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Principal Retirement Schedule means the schedule of the principal amount of the Bonds to be retired on the Principal Retirement Dates in accordance with their stated maturities or to be redeemed by mandatory redemption on the Mandatory Redemption Dates, as specified pursuant to this Ordinance in the Certificate of Award.
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Principal Retirement Schedule means, with respect to the Series 2000 Bonds, the schedule of the principal amount of the Series 2000 Bonds to be retired at their stat- ed maturities or redeemed pursuant to mandatory redemption on each Principal Payment Date as specified in the Series 2000 Certificate of Award, provided that the Principal Retirement Schedule shall be consis- tent with the required projected ratios between Airport Revenues and Bond service charges set forth in paragraph (b) of Section 2.10 of the Original Indenture, as amended by Section 3.02(b) of the First Supple- mental Indenture and as further amended by Section 6.01(b) of the Third Supplemental Indenture.
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Examples of Principal Retirement Schedule in a sentence

  • The Bonds which are Term Bonds are subject to mandatory redemption, through the application of Mandatory Sinking Fund Installments, as set forth in the Certificate of Award, on each Mandatory Redemption Date at one hundred percent (100%) of the principal amount thereof plus accrued interest to such date, in the years and principal amounts set forth in the Principal Retirement Schedule.

  • The Bonds shall mature on the Principal Retirement Dates in accordance with the Principal Retirement Schedule subject to mandatory and optional redemption as specified herein.

  • The existing SWITCH model uses time-synchronized load and renewable generation data to evaluate future capacity investments while ensuring that load is met and policy goals are reached at minimum cost.

  • The Series 2008 Refunding Bonds of each series shall mature on the Principal Retire- ment Dates and in accordance with the Principal Retirement Schedule specified in the Series 2008 Refund- ing Certificate of Award, consistent with this Series 2008 Refunding Bond Legislation and the Indenture and subject to any provisions for their optional or mandatory redemp- tion specified in the Series 2008 Refunding Certificate of Award pur- suant to this Series 2008 Refunding Bond Legislation.

  • The written consent of at least one parent will be obtained prior to the school processing a student’s biometric information and parents and students will be informed of their right to refuse or withdraw consent.

  • The Series 2014 Refunding Bonds of each series shall mature on the Principal Retirement Dates and in accordance with the Principal Retirement Schedule speci- fied in the Series 2014 Refunding Cer- tificate of Award, consistent with this Series 2014 Refunding Bond Legisla- tion and the Indenture and subject to any provisions for their optional or mandatory redemption specified in the Series 2014 Refunding Certificate of Award pursuant to this Series 2014 Refunding Bond Legislation.


More Definitions of Principal Retirement Schedule

Principal Retirement Schedule means, with respect to any Series of Bonds, the schedule specified in or pursuant to the Supplemental Bond Ordinance authorizing the issuance of such Bonds as the dates on which such Bonds are to be retired at their stated maturities or redeemed pur- suant to mandatory redemption.
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Principal Retirement Schedule means, with respect to the Series 2000 Bonds, the schedule of the principal amount of the Series 2000 Bonds to be retired at their stated maturities or redeemed pur- suant to mandatory redemption on each Principal Payment Date as specified in the Series 2000 Certifi- cate of Award, provided that the Principal Retirement Schedule shall be consistent with the required pro- jected ratios between Airport Rev- enues and Bond service charges set forth in paragraph (b) of Section
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Principal Retirement Schedule means the schedule for the retirement of the principal of the Combined Bonds on the
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Related to Principal Retirement Schedule

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Disability retirement for plan 1 members, means the period

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Eligible Retirement Plan means an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the Distributee's Eligible Rollover Distribution. However, in the case of an Eligible Rollover Distribution to the surviving Spouse, an Eligible Retirement Plan is an individual retirement account or individual retirement annuity.