Common use of No Additional Bonds Clause in Contracts

No Additional Bonds. The Issuer covenants that it shall not issue additional bonds on a parity with or senior to the Bonds or refunding bonds without the prior approval of the Department.

Appears in 1 contract

Sources: Loan Agreement (Collins Industries Inc)

No Additional Bonds. The Issuer covenants that it shall not issue additional bonds on a parity with or senior to the Bonds or refunding bonds without the prior approval of the DepartmentBonds.

Appears in 1 contract

Sources: Loan Agreement (Lmi Aerospace Inc)