Common use of Agreement to Issue 2007 Series A Bonds; Application of 2007 Series A Bond Proceeds Clause in Contracts

Agreement to Issue 2007 Series A Bonds; Application of 2007 Series A Bond Proceeds. In order to provide funds to make the Loan, Issuer will issue, sell and deliver the 2007 Series A Bonds to the initial purchasers thereof and deposit the proceeds thereof with Trustee, as follows:

Agreement to Issue 2007 Series A Bonds; Application of 2007 Series A Bond Proceeds. In order to provide funds to make the Loan, Issuer will issuehas issued, sell sold and deliver delivered the 2007 Series A Bonds to the initial purchasers thereof and deposit deposited the proceeds thereof with Trustee into the Prior Bond Fund held by the Prior Trustee, as follows:for the benefit of and payment of the Refunded 1992 Series A Bonds, an amount not less than all of such proceeds, being the principal amount of the 2007 Series A Bonds.