Examples of Series A-2 Bonds in a sentence
Such amounts are required to be applied to the redemption of the Series A-2 Bonds promptly and shall not be recycled into new mortgage loans or mortgage backed securities.
The loan of the proceeds of the Series A-2 Bonds to the Borrower is evidenced by a separate note (the “Series A-2 Note”).
Thereafter, the Series A-2 Bonds bear interest at the permanent rate to maturity.
The Series A-2 Bonds bore interest from (and including) the Release Date to(but excluding) February 22, 2012 at a rate equal to the lesser of (a) the interest rate for Four Week Treasury Bills determined on the second Business Day prior to the Release Date plus 75 basis points (or such other spread determined at the time) or (b) a permanent rate.
Optional Redemption The Series A-2 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.
Except as otherwise provided in the Indenture, notice of redemption is required to be given by first class mail, postage prepaid, not less than (i) with respect to the Series A-1 Bonds, 30 days, but not more than 45 days prior to, the date fixed for redemption, and (ii) with respect to the Series A-2 Bonds, not less than 10 days prior to the date fixed for redemption, to the registered Owners of the Bonds to be redeemed at the address of such registered Owners as shown on the bond register.
Optional Redemption The Series A-2 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 including the redemption date.
The bonds refunded $287,300,000 of the Tollway’s $383,100,000 then-outstanding 2008 Series A-2 Bonds.
The bonds refunded the Tollway’s $350,000,000 2007 Series A-1 Bonds, $87,500,000 2007 Series A-2d Bonds, $189,600,000 2008 Series A-1b Bonds, and $94,825,000 2008 Series A-2 Bonds.