Additional Bonds and Additional Notes. Subject to the Bondholder's reasonable approval Additional Bonds and Additional Notes may be issued pursuant to a Supplemental Lease Agreement and shall be equally and ratably secured with the Bond without preference, priority or distinction; provided, however, that any moneys in any debt service reserve account that may be established shall secure only the applicable bond or note to which it applies, and provided further that any particular bonds or notes may have other security pledged to their payment.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Additional Bonds and Additional Notes. Subject to the Bondholder's reasonable approval ’s prior written consent, Additional Bonds and Additional Notes may be issued pursuant to a Supplemental Lease Agreement and shall be equally and ratably secured with the Bond without preference, priority or distinction; provided, however, that any moneys in any debt service reserve account that may be established shall secure only the applicable bond or note to which it applies, and provided further that any particular bonds or notes may have other security pledged to their payment.
Appears in 1 contract
Samples: Lease Agreement
Additional Bonds and Additional Notes. Subject to the Bondholder's Bondholders’ reasonable approval Additional Bonds and Additional Notes may be issued pursuant to a Supplemental Lease Agreement and shall be equally and ratably secured with the Bond without preference, priority or distinction; provided, however, that any moneys in any debt service reserve account that may be established shall secure only the applicable bond or note to which it applies, and provided further that any particular bonds or notes may have other security pledged to their payment.
Appears in 1 contract
Samples: Lease Agreement
Additional Bonds and Additional Notes. Subject to the Bondholder's reasonable approval ’s prior written consent Additional Bonds and Additional Notes may be issued pursuant to a Supplemental Lease Agreement supplemental lease agreement and shall be equally and ratably secured with the Bond without preference, priority or distinction; provided, however, that any moneys in any debt service reserve account that may be established shall secure only the applicable bond or note to which it applies, and provided further that any particular bonds or notes may have other security pledged to their payment.
Appears in 1 contract
Samples: Lease Agreement