Orange County NC Website
Browse       Search
51 <br /> EXHIBIT D - Schedule of Payments on 2023 Bonds <br /> Principal is payable in the amounts and on the dates as shown below, subject <br /> to redemption of the 2023B Bond as provided in this Supplemental Agreement. <br /> Interest is payable on the dates shown below. <br /> The 2023 Bonds will bear interest from the Closing Date until paid. Interest is <br /> calculated at the annual rate of 3.73% on the 2023A Bond and 3.83% on the 2023B <br /> Bond, in each case subject to adjustment as provided in this Supplemental <br /> Agreement. The schedule below shows the expected interest payment amounts. <br /> The County's obligation with respect to the 2023 Bonds on each Payment <br /> Date is the amount shown below as the "total payment" for that date, subject to <br /> adjustment as provided in Section 3.05(c) of the Prior Agreement. <br /> Payments are due to the Bondholders on the indicated Payment Dates. The <br /> County will deposit the amounts required for payment with the Trustee by the 251h <br /> day of the month preceding the Payment Date. <br /> Payment Principal — Interest— Principal Interest— <br /> Date 2023A 2023A — 2023B 20238 Total Payment <br /> [To come.] <br /> 33 <br />