Orange County NC Website
33 <br /> Maturity Date Principal <br /> (October 1) Amount f$1 Rate ° <br /> [To come] <br /> (d) Exhibit D shows a schedule of payments due on the 2025 Bonds with <br /> respect to each Payment Date. Upon any redemption of any 2025 Bonds, the County <br /> will recalculate the schedule of payments to reflect the redemption and then deliver <br /> a substitute Exhibit D to the Trustee that reflects the recalculated payment schedule. <br /> The Trustee has no responsibility to confirm any recalculated payment schedule. <br /> (e) The County shall pay or cause to be paid, when due, the principal of <br /> (whether at maturity, by acceleration, by mandatory redemption as provided in <br /> Section 2.05 or otherwise) and interest on the 2025 Bonds at the places, on the <br /> dates, and in the manner provided in this Supplemental Agreement, in the 2025 <br /> Bonds, and in the documentation securing the 2025 Bonds, all according to their <br /> true intent and meaning, subject to the limitation described in Section 1.07. <br /> Section 1.05. Redemption Dates and Prices. The 2025 Bonds are subject <br /> to redemption as described in Section 2.01. <br /> Section 1.06. Delivery of 2025 Bonds. The Trustee will authenticate and <br /> deliver the 2025 Bonds when it has received the following items: <br /> (a) Certified copies of County Board resolutions (i) approving the terms <br /> and conditions under which the 2025 Bonds are to be issued and (ii) authorizing the <br /> execution, delivery and issuance of the 2025 Bonds, this Supplemental Agreement, <br /> and Deed of Trust Supplement #3 (as identified in Exhibit B) <br /> (b) Evidence that the LGC has approved the issuance of the 2025 Bonds <br /> (c) An executed copy of this Supplemental Agreement and a certified copy <br /> of the 2021 Agreement <br /> 4 <br />