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

Agreement to Issue Bonds; Application of Bond Proceeds. (a) To provide funds to finance costs of the Project, the Authority agrees that it will issue under the Indenture, sell and cause to be delivered to the purchasers thereof, the Bonds. Project Costs shall be financed through the issuance of the Initial Bonds and Additional Bonds issued and delivered from time to time as set forth in Section 2.13 of the Indenture. The Authority will thereupon apply the proceeds received from the sale of the Initial Bonds and any Additional Bonds as provided herein and in the Indenture. Upon the issuance of and in connection with any Additional Bonds, the Company shall satisfy, or cause the satisfaction of, all requirements of Section 2.13 of the Indenture.

Appears in 2 contracts

Samples: Financing Agreement (Casella Waste Systems Inc), Financing Agreement (Casella Waste Systems Inc)

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Agreement to Issue Bonds; Application of Bond Proceeds. (a) To provide funds to finance costs of the Project, the Authority Issuer agrees that it will issue under the Indenture, sell and cause to be delivered to the purchasers thereof, the Bonds. Project Costs shall be financed through the issuance of the Initial Series 2020R-1 Bonds and Additional Bonds issued and delivered from time to time as set forth in Section 2.13 2.15 of the Indenture. The Authority Issuer will thereupon apply the proceeds received from the sale of the Initial Series 2020R-1 Bonds and any Additional Bonds as provided herein and in the Indenture. Upon the issuance of and in connection with any Additional Bonds, the Company shall satisfy, or cause the satisfaction of, all requirements of Section 2.13 2.15 of the Indenture.

Appears in 1 contract

Samples: Loan Agreement (Casella Waste Systems Inc)

Agreement to Issue Bonds; Application of Bond Proceeds. (a) To provide funds to finance costs of the Project, the Authority Issuer agrees that it will issue under the Indenture, sell and cause to be delivered to the purchasers thereof, the Bonds. Project Costs shall be financed through the issuance of the Initial Bonds and Additional Bonds issued and delivered from time to time as set forth in Section 2.13 2.14 of the Indenture. The Authority Issuer will thereupon apply the proceeds received from the sale of the Initial Bonds and any Additional Bonds as provided herein and in the Indenture. Upon the issuance of and in connection with any Additional Bonds, the Company shall satisfy, or cause the satisfaction of, all requirements of Section 2.13 2.14 of the Indenture.

Appears in 1 contract

Samples: Loan Agreement (Casella Waste Systems Inc)

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Agreement to Issue Bonds; Application of Bond Proceeds. (a) To provide funds to finance costs of the Project, the Authority Issuer agrees that it will issue under the Indenture, sell and cause to be delivered to the purchasers thereof, the Bonds. Project Costs shall be financed through the issuance of the Initial Series 2022A-1 Bonds and Additional Bonds issued and delivered from time to time as set forth in Section 2.13 2.15 of the Indenture. The Authority Issuer will thereupon apply the proceeds received from the sale of the Initial Series 2022A-1 Bonds and any Additional Bonds as provided herein and in the Indenture. Upon the issuance of and in connection with any Additional Bonds, the Company shall satisfy, or cause the satisfaction of, all requirements of Section 2.13 2.15 of the Indenture.

Appears in 1 contract

Samples: Loan Agreement (Casella Waste Systems Inc)

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