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200908023
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200908023
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Last modified
10/5/2009 4:33:27 PM
Creation date
10/5/2009 4:26:41 PM
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DEEDS
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200908023
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zoo9osozs <br />Depository notice of such record date not less than 15 calendar days in advance of such <br />record date to the extent passible. <br />(g) In the event of any partial redemption of a 2009B Bond unless and until <br />such partially redeemed 2009B Bond has been replaced in accordance with the provisions <br />of this Indenture, the books and records of the Trustee shall govern and establish the <br />principal amount of such 2009B Bond as is then outstanding and all of the 2009B Bonds <br />issued to the Depository or its nominee shall contain a legend to such effect. <br />If for any reason the arrangements described in this Section 11 for "book-entry-only bonds" shall cease to be <br />in effect, the Corporation (at the College's expense) shall immediately provide a supply of printed bond <br />certificates in accordance with Section 7 of this Article II, duly executed, for issuance upon transfer or partial <br />redemption and deliver such supply to the Trustee. <br />ARTICLE III <br />REDEMPTION OF BONDS BEFORE MATURITY <br />Section 1. 2009B Bonds maturing on or before March 1, 2014, are not subject to <br />redemption prior to maturity. <br />Section 2. 2009B Bonds maturing on and after March 1, 2015, are subject to redemption, in <br />whole or in part, at the option of the Corporation (as directed by the College), prior to maturity, on the fifth <br />anniversary of the date of original issue or at any time thereafter, at the principal amount of each 2009B <br />Bond plus accrued interest to the date fixed for redemption. <br />Section 3. The 2009B Bonds maturing as term bonds on March 1, 2029 and bearing a stated <br />interest rate of 4.85°Io ("2029 Term Bonds") shall be redeemed prior to their stated maturity on March 1, 2025 <br />and on each March 1 thereafter (including payment at final maturity), in part, from payments due under the <br />Lease-Purchase Agreement required to be deposited to the Bond Fund, which redemptions shall be in the <br />years and for the amounts set Earth below: <br />Redemption Date <br />March 1, 2025 <br />March 1, 2026 <br />March 1, 2027 <br />March 1, 2028 <br />March I , 2029 <br />Amount Required to be Redeemed <br />$ I b5,000 <br />175,000 <br />185,000 <br />195,000 <br />210,000 <br />The 2009B Bonds maturing as term bonds on March 1, 2034 and bearing a stated interest rate of 5.15% <br />("2034 Term Bonds"; and together with the 2029 Term Bonds, the "Term Bonds") shall be redeemed prior to <br />their stated maturity on March 1, 2030 and on each March 1 thereafter (including payment at final maturity), <br />in part, from payments due under the Lease-Purchase Agreement required to be deposited to the Bond Fund, <br />which redemptions shall be in the years and for the amounts set forth below: <br />Redemption Date <br />March 1, 2030 <br />Amount Required to be Redeemed <br />$220,000 <br />14 <br />
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