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

Agreement to Issue Bonds; Application of Bond Proceeds. In order to provide funds to lend to the Company to refund the Prior Bonds as provided in Section 4.1 hereof, the Issuer agrees that it will issue under the Indenture its Bonds in the aggregate principal amount of $49,750,000 as set forth in the Indenture, that it will sell the Series A Bonds to the Underwriters and cause them to be delivered to the Underwriters, and that that it will sell the Series B Bonds to the Company and cause them to be delivered to the Company. The Issuer will thereupon apply the proceeds received from the sale of the Bonds as provided in Section 3.02 of the Indenture.

Appears in 1 contract

Samples: Financing Agreement (Sierra Pacific Power Co)

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Agreement to Issue Bonds; Application of Bond Proceeds. In order to provide funds to lend to the Company to refund the Prior Bonds as provided in Section 4.1 hereof, the Issuer agrees that it will issue under the Indenture its Bonds in the aggregate principal amount of $49,750,000 213,930,000 as set forth in the Indenture, that it will sell the Series A Bonds and the Series B Bonds to the Underwriters and cause them to be delivered to the Underwriters, and that that it will sell the Series B F Bonds and the Series G Bonds to the Company and cause them to be delivered to the Company. The Issuer will thereupon apply the proceeds received from the sale of the Bonds as provided in Section 3.02 of the Indenture.4846-1784-3503.10

Appears in 1 contract

Samples: Financing Agreement (Sierra Pacific Power Co)

Agreement to Issue Bonds; Application of Bond Proceeds. In order to provide funds to lend to the Company to refund the Prior Bonds as provided in Section 4.1 hereof, the Issuer agrees that it will issue under the Indenture its Series A Bonds and Series B Bonds in the aggregate principal amount of $49,750,000 53,000,000 as set forth in the Indenture, Indenture and that it will sell the Series A Bonds and the Series B Bonds to the Underwriters and cause them to be delivered to the Underwriters, and that that it will sell the Series B Bonds to the Company and cause them to be delivered to the Company. The Issuer will thereupon apply the proceeds received from the sale of the such Bonds as provided in Section 3.02 of the Indenture.

Appears in 1 contract

Samples: Financing Agreement (Nevada Power Co)

Agreement to Issue Bonds; Application of Bond Proceeds. In order to provide funds to lend to the Company to refund the Prior Bonds as provided in Section 4.1 hereof, the Issuer agrees that it will issue under the Indenture its Indenture, sell and cause to be delivered to the related Underwriter, each series of the Bonds in the total aggregate principal amount for all such series of $49,750,000 80,000,000 as set forth in the Indenture, that it will sell the Series A Bonds to the Underwriters and cause them to be delivered to the Underwriters, and that that it will sell the Series B Bonds to the Company and cause them to be delivered to the Company. The Issuer will thereupon apply the proceeds received from the sale of the Bonds as provided in Section 3.02 of the Indenture.

Appears in 1 contract

Samples: Financing Agreement (Sierra Pacific Power Co)

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Agreement to Issue Bonds; Application of Bond Proceeds. In order to provide funds to lend to the Company to refund the Prior Bonds as provided in Section 4.1 hereof, 4819-0944-7237.6 the Issuer agrees that it will issue under the Indenture its Bonds in the aggregate principal amount of $49,750,000 39,500,000 as set forth in the Indenture, Indenture and that it will sell the Series A 2017 Bonds to the Underwriters and cause them to be delivered to the Underwriters, and that that it will sell the Series B Bonds to the Company and cause them to be delivered to the Company. The Issuer will thereupon apply the proceeds received from the sale of the Bonds as provided in Section 3.02 of the Indenture.

Appears in 1 contract

Samples: Financing Agreement (Nevada Power Co)

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