Sinking Fund Installments definition

Sinking Fund Installments means the scheduled payments of installments of principal established for Bonds by redemption; and for any Fiscal Year, means as of any date of calculation and with respect to the Outstanding Bonds of any Series, the amount of money required by a Series Trust Indenture to be paid for the redemption of Bonds scheduled to occur in such Fiscal Year.
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Sinking Fund Installments means the money required to be deposited in the Sinking Fund Account for the purpose of the mandatory redemption of any term Bonds issued pursuant to the Indenture, the specific amounts and times of such deposits to be as set forth in Section 8.01(c) hereof and the applicable Supplemental Indenture.
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Sinking Fund Installments means with respect to Bonds of a Series maturing on a specified date, the payments, if any, so designated and specified in this Indenture or the Supplemental Indenture, as applicable, authorizing such Series of Bonds to be applied to the payment of the principal of such Bonds on or prior to maturity.
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Examples of Sinking Fund Installments in a sentence

  • The Term Bonds shall be redeemed in whole or in part prior to their stated maturity on any Distribution Date, following notice of such redemption in accordance with Section 5.04(b) hereof, in accordance with the schedule of Sinking Fund Installments set forth in the applicable Series Supplement.

  • Sinking Fund Installments shall be credited as described in subsection (f) of this Section 5.04.


More Definitions of Sinking Fund Installments

Sinking Fund Installments. An amount so designated with respect to the Bonds which is established pursuant to Section 2.02(a) for mandatory redemption on a date certain of any Series of Bonds pursuant to this Loan and Trust Agreement. The portion of any such Sinking Fund Installment remaining after the deduction of any such amounts credited pursuant to Section 3.06(d) toward the same (or the original amount of any such Sinking Fund Installment if no such amounts shall have been credited toward the same) shall constitute the unsatisfied balance of such Sinking Fund Installment for the purpose of calculation of Sinking Fund Installments due on a future date.
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Sinking Fund Installments means the amount designated for any particular due date in Section 3.02 hereof for the retirement of Series 2025A Term Bonds on an unconditional basis.
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Sinking Fund Installments means the amounts established as sinking fund installments for certain Bonds in a Corporation Resolution.
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Sinking Fund Installments with respect to any Series of Bonds, shall have the meaning, if any, specified in either the Indenture or the Applicable Supplemental Indenture.
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Related to Sinking Fund Installments

  • Sinking Fund Installment means, as of any particular date of calculation, the amount required, as of such date of calculation, to be paid by the Authority on a future date for the retirement of Outstanding Bonds which are stated to mature subsequent to such future date, but does not include any amount payable by the Authority by reason only of the maturity of a Bond.

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • Sinking Fund Payment means, with respect to a particular Group of 2024 Series A Bonds, as of any particular date of calculation, the amount required to be paid at all events by the Corporation on a single future date for the retirement of Outstanding 2024 Series A Bonds of such Group which mature after said future date, but does not include any amount payable by the Corporation by reason of the maturity of a 2024 Series A Bond of such Group or by call for redemption at the election of the Corporation.

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • mandatory sinking fund payment has the meaning specified in Section 12.01.

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • Installment Date as defined in Section 2.12.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Redemption Period shall have the meaning set forth in Section 23(a) hereof.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;