Orange County NC Website
28 <br /> permits or requires. Each 2022 Bonds will be dated the date of its initial delivery to <br /> the Lender. All interest payments will be calculated based on a 360-day year <br /> consisting of twelve 30-day months and subject to adjustment as provided in this <br /> Supplemental Agreement. <br /> (b) One of the 2022 Bonds (the "2022A Bond") will be designated "Limited <br /> Obligation Bond, Series 2022A." The 2022A Bond will be (i) numbered RA-1 for <br /> identification, (ii) payable as to interest semiannually until payment on each <br /> Payment Date at the 2022A Interest Rate, and (iii) payable as to principal on <br /> February 1 in installments in years and amounts as follows: <br /> Maturity Date Principal Maturity Date Principal <br /> (February 1I Amount ($1 f Februaryjj Amount ($1 <br /> [To come] <br /> (c) The other of the 2022 Bonds (the "2022B Bond") will be designated <br /> "Limited Obligation Bond, Series 2022B." The 2022B Bond will be (i) numbered RB- <br /> 1 for identification, (ii) payable as to interest semiannually until payment on each <br /> Payment Date at the 2022B Interest Rate, and (iii) payable as to principal on <br /> February 1 in installments in years and amounts as follows: <br /> Maturity Date Principal Maturity Date Principal <br /> (Februaryl Amount ($1 (Februaryjj Amount ($1 <br /> [To come] <br /> 3 <br />