82000204 - Laserfiche WebLink

Browse

2°~ t~t1E~20 except that in the case of redemption of bonds for the puz- pose of refunding by issuance of additional bonds, the Counnty, at the request of tl-re Company, may designate the S'ceries B Bonds to be redeemed without regard to any other series of bonds which may then be outstanding, Series B Stands are subject to redemption prior to maturity in accor- dance with the fallowing provisions: (al Series B Bonds numbered 133 to 30t?, bath inclusive, are subject to redemption by the County prior to maturity on January 15, 1992, or on any date theseaftzr, in whole or in part, at the principal amount thereof plus accrued interest to date fixed for redemption., plus a redemption premium in accordance with the schedule below, which premium is stated as a per- centage of the principal amount: REDEMPTION DATES kEr~~T.iOti (Bata Dares Zaclusive) PR>~'fIL'?f January 15, I99i to January 14, 1993 5% 3aauary I5, 1993 to January 14, 1994 3.75% January 15, 1994 to Januazy I4, I995 2.50% January 15, I995 t© January 14, 1996 1.25% Jaauary I5, 1996 to January 14, 1997 NONE • Tf less than a:il of the Series & Bands so subject to redemptie~n are redeemed at any one time, the Beries B Bonds shall be redeemed in .inverse numerical order. (b) Zn addition to the foregoinu optional redemption in (a) above, ail of the Series B Bonds shall be subject to redemption when any date prior to January l5, 1:992, at the principal amouzat of each laond, Plus accrued interest to the date fixed for redemption, in the event of the purchase of the Demised Premises by the Company under subparagraphs (i), (2) or (3) of Section 9.03 of the Lease and. Agrezment, which subparagraphs relate to damage to or condemnation of the Demised Frems.es, c?~a:^e~s in la?a ar judgment. of any court making or holding the Lease and.Agree- ment void or imposing unreasonable bur- dens and enjoinins~ of the oFeraton of the Demised Premises_ Redemption on or after 3anuary I5, 1952 shall be at the r+eciempt crn pr%ces e~rovded in (a) above. (c)' I^ addition to t:~e farsjpi~^g r°-de?nption nro~:isAons in (ab and. fb) above,. all. of t~.e Series E3 Sar..'.s sY:~=1 be redeemed t:~o v~ars fror.~ `.ne sa° e ^` determination -- N7at t:e inns-r~s*_ on reV,eries B Binds is exzclu:~ibie ~r becor:es .n~lud:ible in r_he gross incomes of tyre h.li3F:rs of the Sr:ries B Scncls ic~t~~=r ha:r a `-;Hider w?ha z~ r_ suns*:~r.tia,i. Wiser cr renal-ed persvs~ 20..