Common use of Single Issue Clause in Contracts

Single Issue. No other debt obligations of the Issuer: (1) are being sold within 15 days of the execution and delivery of the Lease Agreement, (2) are being sold under the same plan of financing as the Lease Agreement, and (3) are expected to be paid from substantially the same source of funds as the Lease Agreement (disregarding guarantees from unrelated parties, such as bond insurance).

Appears in 3 contracts

Sources: Lease Purchase Agreement, Federal Tax Agreement, Public Property Finance Act Lease Purchase Agreement

Single Issue. No other debt obligations of the Issuer: (1) are being sold within 15 days of the execution and delivery of the Lease AgreementLease, (2) are being sold under the same plan of financing as the Lease AgreementLease, and (3) are expected to be paid from substantially the same source of funds as the Lease Agreement (disregarding guarantees from unrelated parties, such as bond insurance).

Appears in 2 contracts

Sources: Master Equipment Lease Purchase Agreement, Master Equipment Lease Purchase Agreement