Additional Parity Bonds definition

Additional Parity Bonds means any pari passu additional bonds which may hereafter be issued pursuant to Section 9.1 hereof on a parity with the Bonds and the Outstanding Parity Bonds.
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Additional Parity Bonds means any additional pari passu bonds which may hereafter be issued, pursuant to Section 9 hereof, on a parity with the Bonds.
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Additional Parity Bonds means any pari passu additional bonds that may hereafter be issued pursuant to Section 20 hereof on a parity with the Bonds.
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Examples of Additional Parity Bonds in a sentence

  • The lien of the pledge shall be valid and binding against all parties having claim in tort, contract or otherwise against the Issuer (except for the holders of the Variable Rate Bonds, Prior Bonds and any Additional Parity Bonds) irrespective of whether such parties have notice of the lien.

  • The Borrower shall enter into and comply with reasonable and customary “ratings surveillance” agreements with one Nationally Recognized Rating Agency with respect to the Series 2020 Bonds and, if applicable, any Additional Parity Bonds.

  • Parity Obligations shall be issued if the issuance thereof shall result in the interest of any Bonds then Outstanding becoming taxable for federal income tax purposes and an opinion to such effect shall be obtained from nationally recognized bond counsel prior to the issuance of any Additional Parity Bonds.

  • After the delivery of this Issuer Loan Agreement, upon request by the Borrower, the Issuer may issue the Additional Parity Bonds in accordance with Article XII of the Indenture.

  • The District may enter into Parity Credit Facility Obligations and Parity Financial Products Agreements relating to the Bonds, any Parity Bonds and any Additional Parity Bonds as is determined by the Board to be in the best interest of the District and in accordance with the provisions of the Act and the Constitution and laws of the State.


More Definitions of Additional Parity Bonds

Additional Parity Bonds means any issue of additional pari passu bonds hereafter issued by the Issuer pursuant to Section 16 and payable from revenues of the Tax on a parity with the Bonds.
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Additional Parity Bonds means any pari passu indebtedness hereafter issued on a parity with the Bonds with respect to the Pledged Revenues in accordance with Article X hereto.
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Additional Parity Bonds means any bonds secured by the Net Revenues hereafter issued pursuant to the Bond Resolutions and standing on a parity and equality with the WIFIA Bond with respect to the Lien on the Net Revenues.
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Additional Parity Bonds means any Securities issued after the issuance of the Bonds and payable from all or a portion of the Pledged Revenues and having a lien on the Pledged Revenues which is equal to or on a parity with the Bonds, but does not include any Credit Facility Obligations or Financial Products Agreements relating to any such Securities.
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Additional Parity Bonds means any Parity Securities issued after the issuance of the Series 2013 Bonds.
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Additional Parity Bonds means any pari passu additional obligations hereafter issued by the Issuer on a parity with the Bonds with respect to the Tax, all as provided herein.
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Additional Parity Bonds means revenue bonds or other evidences of indebtedness which the City reserves the right to issue or enter into, as the case may be, in the future in accordance with the terms and conditions provided in the Ordinance and which are equally and ratably secured by a first lien on and pledge of the Net Revenues.
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