Examples of Series 2020 Bonds in a sentence
The Authority warrants, represents and covenants as follows: The Trust Agreement creates a valid and binding pledge of the property described in the Granting Clause of the Trust Agreement in favor of the Trustee as security for payment of the Series 2020 Bonds, enforceable by the Trustee in accordance with the terms of the Trust Agreement.
If the Trustee gives an unconditional notice of redemption, then on the redemption date the Series 2020 Bonds called for redemption will become due and payable.
The Trustee shall be the authenticating agent for the Series 2020 Bonds.
The Authority has not described such collateral in a Uniform Commercial Code financing statement that will remain effective when the Series 2020 Bonds are issued, except in connection with the foregoing pledges, assignments, liens, and security interest and the pledge securing any subordinate bonds outstanding under the Trust Agreement.
The certificate of authentication on any Series 2020 Bond shall be deemed to have been executed by the Trustee as authorized hereby if signed by an authorized signatory of the Trustee, but it shall not be necessary that the same signatory execute the certificate of authentication on all of the Series 2020 Bonds.