Agreement to Issue Notes; Application of Note Proceeds Sample Clauses

Agreement to Issue Notes; Application of Note Proceeds. In order to acquire the Land, and to provide funds for payment of the costs of the acquisition, construction, installation and equipping of the Building and Equipment provided for in Section 3.6 hereof, Lessor shall issue the 2000-1 Note. Section 3.8
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Agreement to Issue Notes; Application of Note Proceeds. In order to provide funds for payment of the Project Costs, the Issuer, concurrently with the execution of this Agreement, will issue, sell, and deliver the Notes and deposit the net proceeds thereof with the Trustee in the Project Fund.
Sample 1
Agreement to Issue Notes; Application of Note Proceeds. In order to provide funds to finance the Loan Project, as provided in Section 4.1 hereof, and at the request of the Borrower, the Obligor agrees that, pursuant to the Indenture, it will issue, sell and cause to be delivered to the purchaser or purchasers thereof, the Notes bearing interest, maturing and subject to prior redemption as set forth in the Indenture. The Obligor will make available the proceeds of the Notes to the Borrower in the amount of the Loan (less the Borrower's Pro Rata Share of Issuance Costs) by depositing the proceeds of the Notes in the Project Fund pursuant to the Indenture. Disbursements of money on deposit in the Project Fund shall be made in accordance with the conditions set forth in the Indenture. When funds are to be requested by the Borrower, the Borrower shall itemize the amounts requested, the payee of each amount requested, and shall, prior to delivering the same to the Obligor, obtain the written approval of the Bank for the disbursement requested. The Borrower shall complete a requisition certificate, in the form set forth as Exhibit D to the Master Indenture, on behalf of the Obligor and shall obtain the written approval of the Bank on such certificate. Assuming that the request is in proper form, and that the amounts requested do not exceed the aggregate amount available to be drawn down on the Loan (with any earnings from the Project Fund attributable thereto), the Obligor will submit the certificate to the Trustee for payment.
Sample 1

Related to Agreement to Issue Notes; Application of Note Proceeds

  • Repayment to Issuer Subject to any applicable abandoned property law, any money deposited with the Trustee or any Paying Agent, or then held by the Issuer, in trust for the payment of the principal of, premium, if any, or interest on any Note and remaining unclaimed for two years after such principal, and premium, if any, or interest has become due and payable shall be paid to the Issuer on its request or (if then held by the Issuer) shall be discharged from such trust; and the Holder of such Note shall thereafter look only to the Issuer for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Issuer as trustee thereof, shall thereupon cease.

  • SUBORDINATION OF NOTES Section 11.01.

  • Replacement of Notes Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and

  • Trustee Not Responsible for Recitals or Issuance of Notes The recitals and statements contained herein shall be taken as statements of the Partnership, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture or of the Notes other than with respect to the Trustee’s authentication. The Trustee shall not be accountable for the use or application by the Partnership of the Notes or the proceeds thereof.

  • Amendment of Notes Subject to Section 3 hereof, any of the terms or provisions present in the Notes that relate to any of the provisions of the Indenture as amended by this Supplemental Indenture shall also be amended, mutatis mutandis, so as to be consistent with the amendments made by this Supplemental Indenture.

  • Payment of Notes 45 Section 4.02 Maintenance of Office or Agency................................................................ 45 Section 4.03 Reports........................................................................................ 45 Section 4.04

  • Repayment to Issuers Subject to applicable escheat and abandoned property laws, any money or non-callable Government Securities deposited with the Trustee or any Paying Agent, or then held by an Issuer, in trust for the payment of the principal of or premium, interest or Additional Interest, if any, on any Note and remaining unclaimed for two years after such principal, premium, interest or Additional Interest, if any, has become due and payable shall be paid to the Issuers on their written request or (if then held by an Issuer) shall be discharged from such trust; and the Holder of such Note shall thereafter, as an unsecured creditor, look only to the Issuers for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money or non-callable Government Securities, and all liability of the Issuers as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, shall at the written direction and expense of the Issuers cause to be published once, in the New York Times and The Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such notification or publication, any unclaimed balance of such money then remaining will be repaid to the Issuers.

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • Sale of Notes and Securitization Borrower acknowledges and agrees that the Lender may sell all or any portion of the Loan and the Loan Documents, or issue one or more participations therein, or consummate one or more private or public securitizations of rated single- or multi-class securities (the “Securities”) secured by or evidencing ownership interests in all or any portion of the Loan and the Loan Documents or a pool of assets that include the Loan and the Loan Documents (such sales, participations and/or securitizations, collectively, a “Securitization”). At the request of Lender, and to the extent not already required to be provided by Borrower under this Agreement, Borrower shall use reasonable efforts to provide information not in the possession of Lender or which may be reasonably required by Lender in order to satisfy the market standards to which Lender customarily adheres or which may be reasonably required by prospective investors and/or the Rating Agencies in connection with any such Securitization including, without limitation, to:

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