FOR THE PURPOSE OF SECURING. (1) Payment of the principal, interest and premium, if any, of the Series 2019 Bonds of Trustor issued pursuant to the Master Resolution, and payable at the times, in the manner and with interest and premium, if any, as therein set forth, and any extensions and/or renewals or modifications thereof; (2) payment of the principal, interest and premium, if any Additional Bonds or Refunding Bonds (these and all terms herein commencing with initial capital letters and not otherwise defined herein shall have meanings as defined in the Master Resolution) issued pursuant to the Master Resolution, and payable at the times, in the manner and with interest and premium as therein set forth, and any extensions and/or renewals or modifications thereof (the Series 2019 Bonds and Additional Bonds and Refunding Bonds are collectively referred to herein as the “Bonds”); (3) the performance of each agreement of Trustor contained in the Bonds, the Master Resolution, the Lease with respect to the Project (as defined in the Master Resolution) and this Deed of Trust and any other instrument securing payment of the Bonds; and (4) the payment of all sums expended or advanced by Beneficiary under or pursuant to the terms of the Deed of Trust (including, but not limited to the payments outlined in Sections 1.11 and 1.18 of the Deed of Trust), any other instrument securing payment of the Bonds, the Master Resolution or the Lease, together with interest thereon as provided in the Master Resolution.
Appears in 1 contract
Sources: Deed of Trust, Assignment of Rents and Security Agreement
FOR THE PURPOSE OF SECURING. (1) Payment of the principal, interest and premium, if any, of the Series 2019 2024 Bonds of Trustor issued pursuant to the Master Resolution, and payable at the times, in the manner and with interest and premium, if any, as therein set forth, and any extensions and/or renewals or modifications thereof; (2) payment of the principal, interest and premium, if of any Additional Bonds or Refunding Bonds (these and all terms herein commencing with initial capital letters and not otherwise defined herein shall have meanings as defined in the Master Resolution) issued pursuant to the Master Resolution, and payable at the times, in the manner and with interest and premium as therein set forth, and any extensions and/or renewals or modifications thereof (the Series 2019 2024 Bonds and Additional Bonds and Refunding Bonds are collectively referred to herein as the “Bonds”); (3) the performance of each agreement of Trustor contained in the Bonds, the Master Resolution, the Lease with respect to the Project (as defined in the Master Resolution) and this Deed of Trust and any other instrument securing payment of the Bonds; and (4) the payment of all sums expended or advanced by Beneficiary under or pursuant to the terms of the Deed of Trust (including, but not limited to the payments outlined in Sections 1.11 and 1.18 of the Deed of Trust), any other instrument securing payment of the Bonds, the Master Resolution or the Lease, together with interest thereon as provided in the Master Resolution.
Appears in 1 contract
Sources: Deed of Trust, Assignment of Rents and Security Agreement