Common use of Purpose of Issue Clause in Contracts

Purpose of Issue. The Series 2019-A Bonds authorized to be issued under the Agreement and this Fortieth Supplemental Agreement shall be designated as “Los Angeles County Metropolitan Transportation Authority Proposition A First Tier Senior Sales Tax Revenue Refunding Bonds, Series 2019-A,” and issued in the original principal amount of $[PARA].

Purpose of Issue. The Series 20192020-A Bonds authorized to be issued under the Agreement and this Fortieth Thirty- First Supplemental Agreement shall be designated as “Los Angeles County Metropolitan Transportation Authority Proposition A First Tier Senior C Sales Tax Revenue Refunding Bonds, Senior Bonds, Series 20192020-A,” and shall be issued in the original principal amount of $[PARAPrincipal Amount].