Agreement to Issue the Bonds. To provide funds for the Acquisition of the Project, the Issuer agrees that it will sell, issue and deliver the Bonds in the aggregate principal amount of $2,500,000 to the initial purchasers thereof and will cause the proceeds of the Bonds to be applied as provided in Section 4.5 of the Indenture.
Agreement to Issue the Bonds. APPLICATION OF BOND PROCEEDS. In order to provide funds for the payment of the Cost of the Project, the Issuer, concurrently with the execution of this Agreement, will issue, sell, and deliver the Bonds and deposit the net proceeds thereof (after payment of the fees and expenses of the placement agent) with the Trustee in the Construction Fund.
Agreement to Issue the Bonds. [the Agreements][the Agency Rules]
(1) The Issuer agrees to issue the Bonds on (the “Closing Date”).
(2) The terms and conditions applicable to the Bonds are set forth in the Terms and Conditions of the Bonds (the “Conditions”) attached hereto as Schedule 1.1.
(3) The Bonds will be issued in the denomination of EUR [1,000] each and will be represented by one permanent global certificate without interest coupons (the “Global Certificate”). The Global Certificate will be kept in custody by Clearstream Banking AG, Frankfurt am Main (“CBF”), or any successor, until all obligations of the Issuer under the Bonds have been satisfied. The Global Certificate will be issued in bearer form and will represent the Bonds credited to accounts of financial institutions that are accountholders of CBF, including such Bonds which are held through Euroclear Bank SA/NV and Clearstream Banking, société anonyme, Luxembourg, each of which maintains an account with CBF. The aggregate principal amount of Bonds represented by the Global Certificate will be the aggregate amount from time to time entered in the electronic data documentation of CBF. The electronic data documentation of CBF will be conclusive evidence of the aggregate principal amount of Bonds represented by this Global Certificate and, for these purposes, a statement issued by CBF stating the amount of Bonds so represented at any time will be conclusive evidence of the electronic data documentation of CBF at that time. The Global Certificate will be substantially in the form set out in Schedule 2.1. [insert in the case KfW acts as Euro Paying Agent:
(4) The Issuer will act as paying agent (the “Paying Agent”) in relation to the Bonds upon the terms and subject to the conditions of the agency rules dated (the “Agency Rules”).] [insert in the case KfW does not act as Euro Paying Agent:
Agreement to Issue the Bonds. To provide funds to finance the acquisition, construction and improving of the Project, the Issuer agrees that it will authorize, sell, issue and deliver the Bonds in the aggregate principal amount of $10,000,000 in the manner set forth in the Indenture and cause the proceeds of the Bonds to be applied as provided in the Indenture.
Agreement to Issue the Bonds. To provide funds to construct and equip the Project, the Issuer agrees that it will authorize, validate, sell, issue and deliver the Bonds in the aggregate principal amount of $7,650,000 in the manner set forth in the Indenture and cause the proceeds of the Bonds to be applied as provided in the Indenture.
Agreement to Issue the Bonds. The Authority will use its best efforts to issue, sell, and deliver to the purchasers thereof the Bonds for the purpose of paying, in part, the Costs. The proceeds of the Bonds shall be delivered to the Trustee for application in accordance with the Trust Agreement.
Agreement to Issue the Bonds. Application of Bond Proceeds. In order to provide funds for the payment of the Cost of the Project, the Issuer, concurrently with the execution of this Agreement, will issue, sell and deliver the Bonds and deposit the net proceeds thereof with the Trustee in the Construction Fund.
Agreement to Issue the Bonds. The Issuer agrees to issue the Bonds on 24 June 2020, or such later date, not being later than 8 July 2020, as the Issuer and the Managers may agree (the “Closing Date”) to the Managers or as they may direct. The Bonds will be subscribed at a price equal to 100 per cent. of the principal amount of the Bonds (the “Issue Price”) subject to the adjustments referred to in Clauses 8 and 9.
Agreement to Issue the Bonds. To provide funds for redemption of the Prior Bonds, the Issuer agrees that it will authorize, sell, issue and deliver the Bonds in the aggregate principal amount of $4,765,000 in the manner set forth in the Indenture and cause the proceeds of the Bonds to be applied as provided in the Indenture.
Agreement to Issue the Bonds. To provide funds for Project the Issuer agrees that it will from time to time, in accordance with the terms of the Indenture, sell, issue and deliver the Bonds in authorized denominations the principal amount selected by the Borrower (not to exceed $19,000,000) in the manner set forth in the Indenture and cause the proceeds of the Bonds to be applied as provided in the Indenture. The Issuer hereby appoints the Borrower as its agent for the purpose of submitting any Principal Amount Increase Notice and the issuance of additional amounts of the Bonds (not to exceed $19,000,000 principal amount).
