| | |
of such issue and with any 3rd-party credit or liquidity provider | | or counterparties to interest rate exchange agreements, as the | | authority considers necessary or convenient to the security or | | issuance of the bonds, including without limitation: |
|
| | | A.__Specifying the terms of bonds, including the basis upon | | which interest accrues on those bonds, which may be fixed, | | variable, auction-based or adjustable; the date from which | | interest begins to accrue; the time and manner of principal | | payment upon scheduled maturity or redemption; the | | denominations and form, which may include coupon, | | registered, coupon and registered or book entry; and such | | privileges as to conversion and for the replacement of | | mutilated, lost or destroyed bonds as the authority may | | establish; |
|
| | | B.__Providing that bonds be payable in lawful money of the | | United States at a designated place or be payable in another | | form of currency if the authority so designates and be | | considered to be negotiable instruments issued under the | | laws of the State within the meaning and for all purposes of | | Title 11, Article 3-A, whether or not of the form or | | character to so qualify under the terms of Title 11, Article | | 3-A, subject only to the applicable provisions of any trust | | agreement; |
|
| | | C.__Providing that bonds be executed by the manual or | | facsimile signatures of the officers or designees of the | | authority; |
|
| | | D.__Providing that bonds be sold in the manner and upon the | | terms determined by the authority at public or private sale, | | with or without public bidding; |
|
| | | E.__Pledging or assigning revenues, contractual rights and | | other assets to secure the bonds; |
|
| | | F.__Establishing loan funding deposits, debt service | | reserves, capitalized interest accounts, cost of issuance | | accounts and sinking funds and other accounts and their | | regulation, investment and disposition; |
|
| | | G.__Providing for the issuance of additional bonds and | | refunding__bonds; |
|
| | | H.__Defining the acts or omissions that constitute a default | | in the duties of the authority or its obligations to | | bondholders and providing the rights or remedies of such | | bondholders in the event of a default; |
|
|