Common use of No Current Refunding Clause in Contracts

No Current Refunding. No Certificate proceeds will be used to pay principal of or interest on any other debt obligation.

Appears in 3 contracts

Sources: Tax Compliance Agreement, Tax Compliance Agreement, Tax Compliance Agreement

No Current Refunding. No Certificate proceeds of the Certificates will be used to pay principal of or interest on any other debt obligation.

Appears in 2 contracts

Sources: Tax Compliance Agreement, Lease Purchase Agreement

No Current Refunding. No Certificate proceeds of the Certificates will be used to pay the principal of or interest on any other debt obligation.

Appears in 1 contract

Sources: Tax Compliance Agreement

No Current Refunding. No Certificate proceeds will be used to pay principal of or interest on any other debt obligationobligation other than as described in Section 3.7 above.

Appears in 1 contract

Sources: Base Lease