Common use of Additional Bonds Clause in Contracts

Additional Bonds. From time to time, the City may enter into (i) one or more other trust agreements or indentures and/or (ii) one or more agreements supplementing and/or amending this Trust Agreement, for the purpose of providing for the issuance of Additional Bonds to refund the Bonds or to refund all or any portion of any Unfunded Liability under the PERS Contract arising subsequent to the issuance of the Bonds or any other obligations due to PERS. Such Additional Bonds may be issued on a parity with the Bonds.

Additional Bonds. From time to time, the City may enter into (i) one or more other trust agreements or indentures and/or (ii) one or more agreements supplementing and/or amending this Trust Agreement, for the purpose of providing for the issuance of Additional Bonds to refund the Bonds or Bonds, to refund all or any portion of any Unfunded Liability of the City under the PERS Contract Retirement Law or to fund all or any portion of the Current Obligation of the City arising subsequent to the issuance of the Bonds or any other obligations due by the City with respect to PERSthe Retirement Plans. Such Additional Bonds may be issued on a parity with the Bonds.