Common use of Additional Bonds and Additional Notes Clause in Contracts

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

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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

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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

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