Examples of Series 2012 Notes in a sentence
In consideration of and in repayment of the Loan, the Borrower shall make, as Loan Payments pursuant to the Series 2012 Notes, payments to the Trustee sufficient in amount to pay when due the Bond Service Charges payable on the Bonds.
The City has complied with all open meeting laws, all public bidding laws, and all other state and federal laws applicable to the City's performance of the transactions contemplated by the Series 2012 Notes, the Ordinance, the Resolution, and this Loan Agreement and has obtained all approvals necessary for the execution, delivery, and performance of such transactions.
The City covenants throughout the term of the Series 2012 Notes to comply with the requirements of the Code and the Regulations, as amended from time to time, and to take all actions, and to not permit the omission of any actions, necessary to maintain the exclusion from gross income for purposes of the Code of interest on the Series 2012 Notes.
The Series 2012 Notes shall be and shall have all the qualities and incidents of a negotiable instrument under the Uniform Commercial Code-Investment Securities Laws of the State of Florida, and each Registered Owner, in accepting the Series 2012 Notes, shall be conclusively deemed to have agreed that such Series 2012 Notes shall be and have all of the qualities and incidents of negotiable instruments thereunder.
The Interest Rate on the Series 2012 Notes shall be a fixed rate of interest equal to % per annum as may be adjusted in accordance with Schedule 1 to the Series 2012 Notes.
The Series 2012 Notes may be signed and sealed on behalf of the City by any person who at the actual time of the execution of such Series 2012 Notes shall hold the appropriate office in the City, although at the date thereof the person may not have been so authorized.
Such charges and expenses shall be paid before any such new Series 2012 Notes shall be delivered.
The principal amount of the Series 2012 Notes will be due and payable on each Principal Payment Date.
The person in whose name ownership of the Series 2012 Notes is shown on the Register shall be deemed the Registered Owner thereof by the City and the Registrar, who may treat the Registered Owner as the absolute owner of the Series 2012 Notes for all purposes, whether or not the Series 2012 Notes shall be overdue, and any notice to the contrary shall not be binding upon the City or the Registrar.
In addition to the issuance and sale of the Series 2012 Notes, the Company may from time to time issue and sell one or more additional series of notes (the “Additional Notes” and together with the Series 2012 Notes, the “Notes”) pursuant to this Agreement, provided that the aggregate principal amount of all Additional Notes issued pursuant to this Agreement shall not exceed $500,000,000.