Terms of Bonds. The Bonds shall be dated the Closing Date, shall mature on the dates and in the amounts, and shall bear interest (calculated on the basis of a 360-day year of twelve 30-day months) at the rates per annum as follows: Maturity Date (December 1) Principal Amount Interest Rate The Bonds shall be delivered in fully registered form, numbered from one upwards in consecutive numerical order (with such alphabetical prefix as the Trustee shall determine). The Bonds shall be executed and delivered in the denominations of $5,000 and any integral multiple thereof. Each Bond shall bear interest from the Interest Payment Date next preceding the date of authentication thereof, unless (i) it is authenticated during the period from the day after the Record Date for an Interest Payment Date to and including such Interest Payment Date, in which event it shall bear interest from such Interest Payment Date, or (ii) it is authenticated on or prior to the Record Date for the first Interest Payment Date, in which event it shall bear interest from June , 2017; provided, however, that if, at the time of authentication of any Bond interest with respect to such Bond is in default, such Bond shall bear interest from the Interest Payment Date to which interest has been paid or made available for payment with respect to such Bond. Interest with respect to any Bond shall be payable in lawful money of the United States of America on each Interest Payment Date to the Owner thereof as of the close of business on the Record Date, such interest to be paid by check of the Trustee, mailed by first class mail no later than the Interest Payment Date to the Owner at his address as it appears, on such Record Date, on the Registration Books maintained by the Trustee; provided, however, that at the written request of the Owner of at least $1,000,000 in aggregate principal amount of Outstanding Bonds filed with the Trustee prior to any Record Date, interest on such Bonds shall be paid to such Owner on each succeeding Interest Payment Date (unless such request has been revoked in writing) by wire transfer of immediately available funds to an account in the United States designated in such written request. Payments of defaulted interest with respect to the Bonds shall be paid by check or draft to the registered Owners of the Bonds as of a special record date to be fixed by the Trustee, notice of which special record date shall be given to the registered Owners of the Bonds not less than ten days prior th...
Terms of Bonds. The terms and conditions of the indemnity bond or the cash deposit ("cash bond") shall be:
Terms of Bonds. The Bonds shall be designated as "4.4% Convertible Unsecured Subordinated Bonds". The Bonds shall be dated as of January 7, 2004, shall mature on the Maturity Date and shall bear simple interest (subject to the provisions of Section 2.5), both before and after an Event of Default hereunder, from January 7, 2004 at the Interest Rate, with all accrued but unpaid interest payable in cash on the Interest Payment Dates. Unless the Bonds are converted pursuant to the terms of this Indenture, the principal of the Bonds and interest thereon shall be payable in lawful money of the European Union by the Company to the Trustee on behalf of the Bond holders and subsequently by the Trustee or its appointed agent to the Bond holders at their registered address.
Terms of Bonds. The 2009A Bonds shall be issued in fully registered form without coupons in denominations of $5,000 or any integral multiple thereof, so long as no 2009A Bond shall mature on more than one Principal Payment Date. The 2009A Bonds shall mature and become payable on the Principal Payment Dates in each of the years and in the principal amounts, and shall bear interest (calculated on the basis of a 360-day year comprised of twelve 30-day months) at the rates, as follows:
Terms of Bonds. The Bonds authorized to be issued by the Authority under and subject to the Bond Law and the terms of this Indenture shall be dated as of their Closing Date and be designated the “Beaumont Public Improvement Authority Local Agency Refunding Bonds, Series 2020A (Federally Taxable),” which shall be issued in the original aggregate principal amount of Dollars ($ ). The Bonds shall be issued in fully registered form without coupons in denominations of $5,000 or any integral multiple thereof, so long as no Bond shall have more than one maturity date. The Bonds shall mature on September 1 in each of the years and in the amounts, and shall bear interest (calculated on the basis of a 360-day year of twelve 30-day months) at the rates, as follows:
Terms of Bonds. The terms of the Bonds (maturity schedule, interest rates, denominations, redemption provisions, etc.) will be determined by a bond purchase contract to be entered into among the Authority, the Company and the purchaser or purchasers of the Bonds, subject to the approval of the Company. At the request of the Company, the Bonds may be issued as “draw down” Bonds under which installment payments are to be made by the purchaser or purchasers thereof when and as needed to pay the costs of the Project.
Terms of Bonds. The Bonds shall be issued in fully registered form without coupons and shall be dated as of the Closing Date. Both the principal of and interest on the Bonds shall be payable in lawful money of the United States of America. The Bonds shall be issued in denominations of $5,000 or any integral multiple thereof. The Bonds shall mature on December 1 in each of the years and in the amounts set forth below and shall bear interest on each Interest Payment Date at the rates set forth below: Maturity Date (December 1) Principal Amount Interest Rate 2012 $175,000 2.000% 2013 190,000 2.000 2014 190,000 3.000 2015 195,000 3.000 2016 205,000 4.000 2017 215,000 4.000 2018 220,000 4.000 2019 235,000 4.000 2020 240,000 5.000 2021 255,000 5.000 2022 270,000 5.000 2023 280,000 5.000 2024 295,000 5.000 2025 305,000 2.750 2026 315,000 3.000 2027 325,000 3.100 2028 335,000 3.250 2029 345,000 3.250 2030 360,000 3.300 2031 375,000 3.250 2032 385,000 3.450 Interest on Bonds shall be payable semi-annually (calculated based on a 360-day year of twelve thirty day months) on each Interest Payment Date to the person whose name appears on the Registration Books as the Owner thereof as of the Record Date immediately preceding each such Interest Payment Date, such interest to be paid by check of the Trustee mailed by first class mail to the Owner at the address of such Owner as its appears on the Registration Books; provided however, that payment of interest may be by wire transfer in immediately available funds to an account in the United States of America to any Owner of Bonds in the aggregate principal amount of $1,000,000 or more who shall furnish written wire instructions to the Trustee before the applicable Record Date. When a Book-Entry System is in effect, interest may be paid by wire transfer in accordance with mutually satisfactory arrangements between the Trustee and the Securities Depository. Each Bond shall bear interest from the Interest Payment Date next preceding the date of authentication thereof, unless (i) it is authenticated during the period from the day after the Record Date for an Interest Payment Date to and including such Interest Payment Date, in which event it shall bear interest from such Interest Payment Date, or (ii) it is authenticated on or prior to the Record Date for the first Interest Payment Date, in which event it shall bear interest from the Closing Date; provided, however, that if, at the time of authentication of any Bond interest with respect to s...
Terms of Bonds. 6 Section 2.03. Redemption Prior to Maturity 7 Section 2.04. Form of Bonds. 9 Section 2.05. Execution of Bonds. 10 Section 2.06. Transfer of Bonds. 10 Section 2.07. Exchange of Bonds. 10 Section 2.08. Registration Books 10
Terms of Bonds. (a) The Bonds shall be designated “County of Orange Reassessment Xxxxxxxx Xx. 00- 0X (Xxxxxxx Xxxxx Xxxxx IV) Limited Obligation Improvement Refunding Bonds,” and shall be secured by and payable from the Reassessments and other assets pledged hereunder. The aggregate principal amount of Bonds that may be issued and Outstanding under this Indenture shall not exceed $ , except as may be otherwise provided in Section 2.07.
Terms of Bonds. Section 2.1 Authorized Amount of Bonds 17 Section 2.2 Limited Obligations 17 Section 2.3 Authentication 17 Section 2.4 Terms and Payment of the Bonds 17 Section 2.5 Form of Bonds 18 Section 2.6 Conditions Precedent to Delivery of Bonds 18 Section 2.7 Book-Entry System 19 ARTICLE III
