Common use of Issuance of Additional Bonds Clause in Contracts

Issuance of Additional Bonds. If the Company is not in default hereunder, the Issuer may by the adoption of an appropriate resolution or resolutions, at the request of the Company, authorize the issuance of Additional Bonds upon the terms and conditions provided herein and in Section 2.2 of the Indenture, but in no event shall the Issuer be liable for not issuing such Additional Bonds.

Issuance of Additional Bonds. If the Company is not in default hereunder, the Issuer may by the adoption of an appropriate resolution or resolutions, at the request of the Company, authorize the issuance of Additional Bonds upon the terms and conditions provided herein and in Section 2.2 12.1 of the Indenture, but in no event shall the Issuer be liable for not issuing such Additional Bonds.