Common use of Terms of the Bonds Clause in Contracts

Terms of the Bonds. The Bonds shall be designated “York County Industrial Development Authority Exempt Facilities Revenue Bonds, Series 2006 (The York Water Company Project)” and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated as of October 27, 2006 and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth, on October 1, 2036. The Bonds shall bear interest at the rate of four and three-fourths percent (4.75%) per annum, from and including the date thereof until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions hereof, whether at maturity, upon redemption or otherwise. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds.

Terms of the Bonds. The Bonds shall be designated “York County Industrial "Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue Bonds, Series 2006 2008B (The York Water Company Project)” " and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated as of October 27, 2006 the Dated Date and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth, on October November 1, 20362038. The Bonds shall bear interest at the rate of four and three-fourths percent (4.75%) 6.00% per annum, from and including the date thereof until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions hereof, whether at maturity, upon redemption or otherwise. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds.

Terms of the Bonds. The Bonds shall be designated “York County Industrial "Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue Refunding Bonds, Series 2006 2014 (The York Water Company Project)” " and shall be issuable only as fully registered Bonds without coupons in Authorized Denominations. Unless the Issuer shall otherwise direct, the Bonds shall be numbered separately from 1 upward. The Bonds shall be dated as of October 27, 2006 the Dated Date and shall mature, subject to prior redemption upon the terms and conditions hereinafter set forth, on October November 1, 20362038. The Bonds shall bear interest at the rate of four and three-fourths percent (4.75%) per annumprovided therein, from and including the date thereof until payment of the principal or redemption price thereof shall have been made or provided for in accordance with the provisions hereof, whether at maturity, upon redemption or otherwise. Each Bond shall bear interest on overdue principal and premium, if any, and, to the extent permitted by law, on overdue interest at the rate of interest borne by the Bonds.