Common use of ADDITIONAL DEBT OBLIGATIONS Clause in Contracts

ADDITIONAL DEBT OBLIGATIONS. The Agency may not issue additional debt obligations on a parity with, or senior to, the lien of the Department on the Pledged Revenues, without the Department’s prior written consent.

ADDITIONAL DEBT OBLIGATIONS. The Agency may not issue additional debt obligations on a parity with, or senior to, the lien of the Department on the Pledged Revenues, without the Department’s prior written consent.