Sinking Fund Installment definition

Sinking Fund Installment means, as of any particular date of calculation, the amount required, as of such date of calculation, to be paid by the Authority on a future date for the retirement of Outstanding Bonds which are stated to mature subsequent to such future date, but does not include any amount payable by the Authority by reason only of the maturity of a Bond.

Sinking Fund Installment means the amount of money to redeem or pay at maturity the principal of a Stated Maturity of Bonds payable from such installments at the times and in the amounts provided in Section 4.2.

Sinking Fund Installment means the amount of money which is required to be deposited into the Sinking Fund Account in each year as specified in the Supplemental Indenture authorizing Term Bonds for the retirement of such Term Bonds (whether at maturity or by redemption), and including the redemption premium, if any.

Examples of Sinking Fund Installment in a sentence

• Non-RRRP Redemptions Sinking Fund Installment The Series 1999 C Bonds are subject to partial redemption on October 15 of each year, beginning October 15, 2000, by application of the trustee of funds on deposit in a sinking fund.

• Date of Maturity Interest Rate % Sinking Fund Installment Rate % Series Currency Amount Outstanding Amount CDN Date Issued NoteRepayable in United States Dollars: 15 Aug.

• The Principal Portion of the Basic Rent Payments shall be due on each Basic Rent Payment Date and in the amount of principal due and payable on the Bonds on the immediately succeeding Principal Payment Date or Sinking Fund Installment Date, as the case may be.

• Upon Bank's honoring of a "B Drawing" under Annex B to the Letter of Credit with respect to any scheduled Sinking Fund Installment (as defined in and pursuant to Item 9 of Annex A to the Indenture), Bank shall at Borrower's request use funds in the Sinking Fund Account (to the extent sufficient funds are available) to remit to Bank a sum equal to the amount of such Sinking Fund Installment so paid.

• Sinking Fund Sinking Fund Installment Sinking Fund Installment Sinking Fund Payment Date Installment Payment Date Installment ------------ ----------- ------------ ------------ 2002 $ 70,000 2012 $ 110,000 2003 80,000 2013 115,000 2004 80,000 2014 120,000 2005 85,000 2015 125,000 2006 85,000 2016 125,000 2007 90,000 2017 130,000 2008 95,000 2018 135,000 2009 100,000 2019 145,000 2010 100,000 2020 150,000 2011 105,000 2021* 155,000 --------------------- *Final maturity.

More Definitions of Sinking Fund Installment

Sinking Fund Installment means the amount designated for any particular due date in the Related Series Indenture for the retirement of Bonds on an unconditional basis, less any amount credited pursuant to the General Indenture.

Sinking Fund Installment means an amount so designated which is established pursuant to Section 2.02(a)(8). The portion of any such Sinking Fund Installment remaining after the deduction of any such amounts credited pursuant to Sections 5.08(c) or 5.09 toward the same (or the original amount of any such Sinking Fund Installment if no such amounts shall have been credited toward the same) shall constitute the unsatisfied balance of such Sinking Fund Installment for the purpose of calculation of Sinking Fund Installments due on a future date.

Sinking Fund Installment means the amount required to be applied by the Authority to the payment of the principal portion of the Redemption Price of Term Bonds (other than at the option or election of the Authority) on any one date as specified herein.

Sinking Fund Installment means, as of any date of calculation, so long as any Bonds of the Series, Subseries and maturity entitled to Sinking Fund Installments are Outstanding, the amount of money required by the Series Resolution pursuant to which such Bonds were issued or by the Series Certificate relating thereto to be paid on a single future date for the retirement of any Outstanding Bonds of said Series which mature after said future date, but does not include any amount payable by the Authority by reason only of the maturity of a Bond, and said future date is deemed to be the date when a Sinking Fund Installment is payable and the date of such Sinking Fund Installment and said Outstanding Option Bonds or Variable Interest Rate Bonds of such Series are deemed to be Bonds entitled to such Sinking Fund Installment; provided, however, that no Sinking Fund Installment on a Bond, other than Variable Interest Rate Bonds or Option Bonds, shall be payable on a date that is not January 1 or July 1 of any year in which a Sinking Fund Installment is scheduled to be due;

Sinking Fund Installment means, as of any particular date of calculation, the amount required by this Resolution or any Supplemental Resolution to be paid by the City on a future date for the retirement of the principal amount of Outstanding Bonds or Subordinated Bonds which are stated to mature subsequent to such future date, but does not include any amount payable by the City by reason only of the maturity of a Bond or Subordinated Bond.

Sinking Fund Installment means an amount so designated which is established pursuant to the provisions of the Trust Agreement concerning the General Provisions for Issuance of Additional Bonds with respect to any Series of Bonds other than the Series 2014B Bonds, which shall be as provided in a Supplemental Trust Agreement.

Sinking Fund Installment means an amount so designated which is established pursuant to a Series Ordinance authorizing a Series of Bonds and which is required by the Ordinance to be deposited in the Bond Fund for the payment of Term Bonds of such series and maturity.