Examples of Series A-1 Bonds in a sentence
Such amounts are required to be applied to the redemption of the Series A-1 Bonds promptly and shall not be recycled into new mortgage loans or mortgage backed securities.
Optional Redemption The Series A-1 Bonds are subject to redemption prior to maturity, at the option of the Agency, in whole or in part on the first Business Day of any month, from any source of funds, in minimum denominations of $10,000 and integral multiples of $10,000 in excess thereof, at the principal amount thereof without premium, plus accrued interest, if any, to but not includingthe redemption date.
The Series A-1 Bonds and the Series A-2 Bonds shall be substantially in the forms set forth in Exhibit A and Exhibit B, respectively, hereto with such variations, omissions and insertions as are permitted or required by this Indenture.
Thereafter, the Series A-1 Bonds bear interest at the permanent rate to maturity.
The consent of the Significant Bondholder is required only with respect to a redemption, in whole or in part, of the Series A-1 Bonds, and shall be given so long as the Borrower has complied with the applicable provisions of the Notes with respect to such prepayment.