Supplemental Bond Resolution definition
Examples of Supplemental Bond Resolution in a sentence
The Bond shall be issued under and secured pursuant to the provisions of the Master Bond Resolution adopted by the Issuer on March 22, 2022 (the “Master Resolution”) and supplemented by that First Supplemental Bond Resolution providing for the issuance of the Issuer’s Combined Public Utility Refunding Revenue Bond, Series 2022 on a forward delivery basis, adopted by the Issuer on March 22, 2022 (the “Supplemental Resolution,” and together with the Master Resolution, the “Bond Resolution”).
Each of the terms and provisions of this Agreement is a covenant for the use and benefit of the Issuer and, to the extent provided in the Supplemental Bond Resolution and the Basic Resolution, the Holders of all such Bonds.
Unless Section 7.02(a) (iv) hereof is applicable and the Tenant exercises the Tenant’s option to terminate this Agreement (to the extent of the Facility or Facilities to which Section 7.02(a)(iv) is applicable) pursuant thereto, all proceeds of insurance resulting from such claim shall be paid to the Issuer and the Net Proceeds thereof shall be applied in accordance with Section [406] of the Supplemental Bond Resolution.
The following terms, unless the context hereof shall require otherwise, shall have the meanings set forth below; provided, however, that any additional capitalized terms used herein and not defined herein (unless such capitalization is due solely to application of the rules of grammar) shall have the meanings assigned to such terms in the Basic Resolution or the Supplemental Bond Resolution, unless the context or use herein requires another or different meaning.
Definitions of certain terms used in the Basic Resolution and the Supplemental Bond Resolution and which may appear in this Agreement are set out in Exhibit J hereto.