Common use of Against Encumbrances Clause in Contracts

Against Encumbrances. The City will not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the Bonds superior to or on a parity with the pledge and lien herein created for the benefit of the Bonds, except as permitted by this Agreement.

Appears in 4 contracts

Sources: Fiscal Agent Agreement, Fiscal Agent Agreement, Fiscal Agent Agreement

Against Encumbrances. The City will shall not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the Bonds Bond superior to or on a parity with the pledge and lien herein created for the benefit of the BondsBond, except as permitted by this Agreement.

Appears in 2 contracts

Sources: Fiscal Agent Agreement, Fiscal Agent Agreement

Against Encumbrances. The City will not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the Bonds superior to or on a parity with the pledge and lien herein created for the benefit of the Bonds, or their Owners, except as permitted by this Agreement.

Appears in 2 contracts

Sources: Fiscal Agent Agreement, Fiscal Agent Agreement

Against Encumbrances. The City will not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the 2022 Bonds superior to or on a parity with the pledge and lien herein created for the benefit of the 2022 Bonds, or their Owners, except as permitted by this Agreement.

Appears in 1 contract

Sources: Fiscal Agent Agreement

Against Encumbrances. The City will shall not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the Bonds superior to or on a parity with the pledge and lien herein created for the benefit of the Bonds, except as permitted by this Agreement.

Appears in 1 contract

Sources: Fiscal Agent Agreement

Against Encumbrances. The City will not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues or other amounts pledged to the Bonds superior to or on a parity with the pledge and lien herein created for the benefit of the Bonds, except as permitted by this AgreementIndenture.

Appears in 1 contract

Sources: Indenture

Against Encumbrances. The City will not encumber, pledge or place any charge or lien upon any of the Special Tax Revenues Taxes or other amounts pledged to the Bonds Loan superior to or to, on a parity with with, or subordinate to the pledge and lien herein created in favor of the Loan and the Note for the benefit of the BondsLender, except as permitted by this Loan Agreement.

Appears in 1 contract

Sources: Loan Agreement