Mandatory Redemption Requirements definition

Mandatory Redemption Requirements means amounts required by the Bond proceedings to be deposited in the Bond Retirement Fund in a year or fiscal year for the purpose of paying in that year or fiscal year by mandatory redemption prior to stated maturity the principal of Term Bonds that is due and payable, except for such mandatory redemption, in a subsequent year or fiscal year.

Mandatory Redemption Requirements means the mandatory prior redemption requirements for Bonds that are term Bonds, if any, as specified in the Purchase Contract or in any subsequent resolution or successful bid in connection with the issuance of Additional Bonds.

Mandatory Redemption Requirements means the respective amounts designated as such With respect to the 2007 Bonds pursuant to Subsection 4.01(C) hereof.

Examples of Mandatory Redemption Requirements in a sentence

• The aggregate of the moneys to be deposited with the Bond Registrar for payment of principal of and interest on the Bonds on each Mandatory Redemption Date shall include an amount sufficient to redeem on that Mandatory Redemption Date the principal amount of Term Bonds payable on that Mandatory Redemption Date pursuant to Mandatory Redemption Requirements (less the amount of any credit as hereinafter provided).

• Each Term Bond so delivered, or previously redeemed, or purchased and canceled, shall be credited by the Bond Registrar at 100% of the principal amount thereof against the then current or subsequent Mandatory Redemption Requirements, as specified by the Treasurer, for Term Bonds stated to mature on the same Principal Payment Date and bear interest at the same rate as the Term Bonds so delivered, redeemed or purchased and canceled.

• The Bonds shall mature or be payable pursuant to Mandatory Redemption Requirements, in the case of Term Bonds, or Mandatory Sinking Fund Requirements, in the case of Sinking Fund Bonds, on the Principal Payment Dates and in principal amounts as shall be determined by the Treasurer in the Certificate of Award (subject to subsection (c) of this Section), consistent with the Treasurer’s determination of the best interest of and financial advantages to the School District.

• A Resolution (#499-18) authorizing the filing of a grant application with the Missouri Department of Transportation, Northwest Missouri Coalition for Roadway Safety for the “I’m a Safe Driver Program” in the amount of $6,500.00 for the Police Department.

• The Bonds of each Series shall be issued in the form of fully-registered bonds (as permitted by law) in denominations as specified in the related Series Ordinance, numbered in order of authentication, and may be Term Bonds, Serial Bonds or both, maturing on the dates or subject to Mandatory Redemption Requirements on the dates in the years, in the amounts and in the manner provided in the Series Ordinance or Sale Resolution or Sale Order for such Series.

• The Bonds shall mature or be payable pursuant to Mandatory Redemption Requirements, in the case of Term Bonds, or Mandatory Sinking Fund Requirements, in the case of Sinking Fund Bonds, on the Principal Payment Dates and in principal amounts as shall be determined by the Treasurer in the Certificate of Award (subject to subsection (c) of this Section), consistently with the Treasurer’s determination of the best interest of and financial advantages to the School District.

• The aggregate of the moneys to be deposited with the Bond Registrar for payment of principal of and interest on the Bonds on each Mandatory Redemption Date shall include an amount sufficient to redeem on that Mandatory Redemption Date the principal amount of Term Bonds subject to mandatory redemption on that Mandatory Redemption Date pursuant to Mandatory Redemption Requirements (less the amount of any credit as hereinafter provided).

• Preferred Stock Subject to Mandatory Redemption Requirements or Whose Redemption is Outside the Control of the Issuer ("Redeemable Preferred Stock").

• The aggregate of the moneys to be deposited with the Bond Registrar for payment of principal of and interest on the Bonds on each Mandatory Redemption Date shall include an amount sufficient to redeem on that Mandatory Redemption Date the principal amount of Term Bonds payable on that Mandatory Redemption Datepursuant to Mandatory Redemption Requirements (less the amount of any credit as hereinafter provided).

• An Authorized Officer shall also determine and establish, in accordance with this 2020 SRF-1 Series Ordinance, the maturities of each Series of the 2020 SRF-1 Junior Lien Bonds, whether such maturities shall be serial or term maturities and the Mandatory Redemption Requirements for any term maturities.

More Definitions of Mandatory Redemption Requirements

Mandatory Redemption Requirements means amounts required by the Bond proceedings to be deposited in the Bond Retirement Fund in a year or fiscal year for the purpose of paying in that year or fiscal year by mandatory redemption prior

Mandatory Redemption Requirements means the mandatory prior redemption requirements for Bonds that are term Bonds, if any, as specified in the Bond Purchase Agreement relating to the Refunding Bonds or in any subsequent Ordinance in connection with the issuance of additional bonds.

Mandatory Redemption Requirements means the respective amounts designated as such with respect to the 2013 Bonds pursuant to Subsection 4.01(B) hereof.

Mandatory Redemption Requirements means the respective amounts designated as such with respect to a Series of Bonds pursuant to Section3.02 hereof or pursuant to a Supplemental Indenture with respect to any Series of Additional Bonds.

Mandatory Redemption Requirements means the mandatory prior redemption requirements for Additional Bonds that are term bonds, if any, as specified in the Award Resolution with respect to such Additional Bonds.

Mandatory Redemption Requirements means the respective amounts designated as such with respect to the Series 2012 Bonds pursuant to Section 3.02 hereof.