Mandatory Sinking Fund Redemption. The Series 2022 Bonds maturing on June 1, , are subject to mandatory sinking fund redemption in part on each June 1 in the years and principal amounts set forth below, at a redemption price equal to 100% of the principal amount of such Series 2022 Bonds to be redeemed, plus accrued interest to the date fixed for redemption: Year Amount $ * *Final maturity. If less than all the Series 2022 Bonds are called for redemption, they shall be redeemed from maturities (or portions thereof) in such order as determined by the County. If less than all of the Series 2022 Bonds of any maturity are called for redemption, the Series 2022 Bonds to be redeemed shall be selected by DTC or any successor securities depository pursuant to its rules and procedures or, if the book-entry system is discontinued, shall be selected by the Trustee by lot in such manner as the Trustee in its discretion may determine. The portion of any Series 2022 Bond to be redeemed shall be in the principal amount of $5,000 or some integral multiple thereof. In selecting Series 2022 Bonds for redemption, each Series 2022 Bond shall be considered as representing that number of Series 2022 Bonds that is obtained by dividing the principal amount of such Series 2022 Bond by $5,000. If any of the Series 2022 Bonds or portions thereof are called for redemption, the Trustee shall send notice of the call for redemption, identifying the Series 2022 Bonds or portions thereof to be redeemed, not less than 30 nor more than 60 days prior to the date fixed for redemption, to the registered owner of the Series 2022 Bonds by facsimile transmission or other electronic means, registered or certified mail, overnight express delivery or such other means acceptable to the registered owner. In the case of an optional redemption, such notice may state that (a) it is conditioned upon the deposit of moneys, in an amount equal to the amount necessary to effect the redemption, with the Trustee no later than the date fixed for redemption or (b) the Authority retains the right to rescind such notice on or prior to the date fixed for redemption, and such notice and optional redemption shall be of no effect if such moneys are not so deposited or if the notice is rescinded. Provided funds for their redemption are on deposit at the place of payment on the date fixed for redemption, all Series 2022 Bonds or portions thereof so called for redemption shall cease to bear interest on such date, shall no longer be secured by the Agreement...
Mandatory Sinking Fund Redemption. The Certificates with a Maturity of March 19, 1996 shall be subject to redemption in whole on March 19, 1996. The Certificates with a Maturity of January 2, 2014 and the Certificates with a Maturity of July 2, 2018 shall be subject to partial redemption, at the aggregate principal amount set forth for the Certificates of the respective Maturity, on a pro rata basis, on each date specified in this Section (a "Sinking Fund Redemption Date") for such payment on the Certificates of such Maturity. The Owner Trustee shall deposit funds sufficient to pay the Sinking Fund Redemption Price with the Indenture Trustee as provided in Section 6.04 hereof. The Indenture Trustee shall pay from the amounts so deposited on each applicable Sinking Fund Redemption Date to the Holders of each Certificate then Outstanding on a pro rata basis the aggregate principal amount set forth below, together with accrued interest to such Sinking Fund Redemption Date, but without Make-Whole Premium (the "Sinking Fund Redemption Price"): Principal Amount ---------------- Certificates Certificates Sinking Fund with a Maturity with a Maturity Redemption Date of January 2, 2014 of July 2, 2018 --------------- ------------------ --------------- July 2, 1996 $ 481,269 $ 0 January 2, 1997 0 0 July 2, 1997 1,050,463 0 January 2, 1998 0 0 July 2, 1998 1,125,151 0 January 2, 1999 1,677,277 0 July 2, 1999 0 0 January 2, 2000 1,373,222 0 July 2, 2000 0 0 January 2, 2001 1,474,457 0 July 2, 2001 0 0 January 2, 2002 3,116,825 0 July 2, 2002 1,812,930 0 January 2, 2003 0 0 July 2, 2003 0 0 January 2, 2004 437,749 0 July 2, 2004 0 0 January 2, 2005 1,519,461 0 July 2, 2005 0 0 January 2, 2006 1,322,518 0 July 2, 2006 0 0 January 2, 2007 1,794,582 0 July 2, 2007 0 0 January 2, 2008 2,744,381 0 July 2, 2008 0 0 January 2, 2009 2,392,727 0 July 2, 2009 0 0 January 2, 2010 3,396,662 0 July 2, 2010 0 0 January 2, 2011 4,224,375 0 July 2, 2011 0 0 January 2, 2012 4,535,799 0 July 2, 2012 0 0 January 2, 2013 4,870,182 0 July 2, 2013 0 0 January 2, 2014 5,175,970 0 July 2, 2014 0 0 January 2, 2015 0 0 July 2, 2015 0 0 January 2, 2016 0 5,273,259 July 2, 2016 0 0 January 2, 2017 0 5,873,547 July 2, 2017 0 160,095 January 2, 2018 0 6,102,223 July 2, 2018 0 396,876 ------------- ------------- Total $ 44,526,000 $ 17,806,000
Mandatory Sinking Fund Redemption. The Certificates shall be subject to partial redemption, at the aggregate principal amount set forth for the Certificates of the respective Series and Maturity, on a pro rata basis, on each date specified on Schedule I attached hereto (a "Sinking Fund Redemption Date") for such payment on the Certificates of such Series and Maturity. The Owner Trustee shall deposit funds sufficient to pay the Sinking Fund Redemption Price with the Indenture Trustee as provided in Section 6.04 hereof. The Indenture Trustee shall pay from the amounts so deposited on each applicable Sinking Fund Redemption Date to the Certificates of each Series in the order of priority set forth in clause "first" of Section 5.01 hereof and among the Holders of the Certificates of each Series then Outstanding on a pro rata basis the aggregate principal amount set forth on Schedule I attached hereto, together with accrued interest to such Sinking Fund Redemption Date, but without Make-Whole Premium (the "Sinking Fund Redemption Price").
Mandatory Sinking Fund Redemption. The $ Term Bonds maturing on August 1, 20 , are subject to mandatory sinking fund redemption on each Redemption Date in the respective principal amounts as set forth in the following schedule, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, together with interest accrued thereon to the date fixed for redemption: Mandatory Sinking Fund Redemption Date (August 1) Principal Amount to be Redeemed
Mandatory Sinking Fund Redemption. The $ Series 2020E Term Bond maturing on August 1, 20 , is also subject to mandatory sinking fund redemption on each Mandatory Sinking Fund Redemption Date and in the respective principal amounts as set forth in the following schedule, at a redemption price equal to 100% of the principal amount thereof to be redeemed (without premium), together with interest accrued thereon to the date fixed for redemption: Mandatory Sinking Fund Redemption Date (August 1) Principal Amount To be Redeemed $ † † Maturity.
Mandatory Sinking Fund Redemption. The Bonds are subject to mandatory sinking fund redemption on the Interest Payment Date occurring in the month of August in each of the years [insert year] to 2018, in the principal amounts set forth in the Indenture, at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest to the date of redemption.
Mandatory Sinking Fund Redemption. The Bonds maturity on _____, 20___ are subject to mandatory sinking fund redemption prior to maturity, at a redemption price equal to the purchase amount thereof, plus accrued interest to the date of redemption in accordance with the following schedule: 20___ Term Bond Date Amount *Final Maturity] [So long as the Bonds are held by the Purchaser, the Bonds do not need to be presented for payment upon mandatory sinking fund redemption.]
Mandatory Sinking Fund Redemption. The Bonds are subject to mandatory sinking fund redemption on the Interest Payment Date occurring in the month of January in each of the years set forth below commencing on the Interest Payment Date occurring in January of 2000 (each, a "Mandatory Sinking Fund Payment Date"), at a redemption price equal to 100% of the principal amount thereof plus accrued interest as follows: Mandatory Sinking Year Fund Payments ---- ----------------- 2000 $560,000 2001 $560,000 2002 $560,000 2003 $560,000 2004 $560,000 2005 $560,000 2006 $560,000 2007 $560,000 2008 $560,000 2009 $575,000 2010 $580,000 2011 $580,000 2012 $580,000 2013 $145,000* *Final maturity of the Bonds is January 1, 2013
Mandatory Sinking Fund Redemption. The 2015 Term Bonds, upon notice as hereinafter provided, shall also be subject to mandatory sinking fund redemption prior to maturity, in part on June 1 of each year on the Mandatory Sinking Account Payment Dates specified in Section 5.03, by lot, from and in the amount of the mandatory sinking account payments set forth in Section 5.03 at a redemption price equal to the sum of the principal amount thereof plus accrued interest thereon to the redemption date, without premium.
Mandatory Sinking Fund Redemption. The Bonds maturing June 1, 20__are subject to mandatory redemption in part by lot, at a redemption price equal to 100% of the principal amount thereof to be redeemed, without premium, in the aggregate respective principal amounts and on June 1 in the respective years as set forth in the following table; provided, however, that if some but not all of the Bonds have been optionally redeemed, the total amount of all future sinking fund payments shall be reduced by the aggregate principal amount of the Bonds so redeemed, to be allocated among such sinking fund payments in integral multiples of $5,000 as determined by the Authority (as set forth in a schedule provided by the Authority to the Trustee). Term Bonds Maturing July 1, 2047 Sinking Fund Redemption Date Principal Amount (June 1) To Be Redeemed $ (Maturity)
