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- Section,301. -The Series A-Bonds-are noncallable for•redemp - <br />tion or for refunding prior to August 1, 1981, except in the event- <br />of the purchase of the Project by the Lessee upon occurrence of <br />one of the event8 specified in subparagraphs (a) to (h), inclusive,. <br />of Section.21.1 of the Lease. Upon purchase of the Project-by <br />the Lessee by,reason of the occurrence of any of such events, the. <br />Series'A Bonds must be redeemed in whole and not in part on the <br />next succeeding interest payment date-which-falls.more than-six <br />(6) ,months. following the occurrence of such event, .after funds for <br />the redemption thereof have been-deposited with the Trustee. In <br />the event of the occurrence of one of the events specified;in sub- <br />paragraphs (b), (d), (e) and (f) of said Section 21.1 of the Lease, <br />such redemption shall be at a'price equal to the principal', amount <br />thereof and accrued interest to the redemption date, together with <br />a premium equal to three per centum (3'/0) of principal amount <br />if said redemption takes place prior to August 1, 1981, and together <br />with a'premium calculated in accordance with the-schedule set forth <br />in Section 302 hereof if said redemption takes place on or'subsequent <br />to August 1, 1981. In the event of the occurrence'of one of the <br />events specified in subparagraphs (a), (c), (g) and (h) 'of;said <br />Section 21.1 of the Lease, such redemption shall be at.a price equal; <br />• s <br />to the principal amount thereof and accrued interest-to the redemp- <br />tion date, but without premium. <br />Section 302. On and after August 1, 1981, the Series' A Bonds' <br />are redeemable at the option of the County in whole or in part on <br />any interest payment date at a redemption price equal to the princi <br />pal amount thereof and accrued interest to the.redemption date, plus. <br />a-premium as follows: <br />Redemption Premium <br />(Stated as a Percentage <br />Redemption' Date of Principal Aniounty <br />August 1, 1981 to July 31, 1982 3`/, <br />August 1, 1982 to July-.31, 1983 2% <br />August 1, 1983 and 'thereafter None <br />
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