AUTHORIZATION AND ISSUANCE OF BONDS. 15 Section 2.1 Authorization of Bonds 15 Section 2.2 Conditions Precedent to the Issuance of the Bonds 16
AUTHORIZATION AND ISSUANCE OF BONDS. 17 Section 2.01 Authorized Amount of Bonds................................................................... 17 Section 2.02 Purposes for Which Bonds May Be Issued....................................................... 17 Section 2.03 Issuance and Form of Bonds; Legend........................................................... 17 Section 2.04 Execution; Limited Obligations............................................................... 18 Section 2.05 Authentication............................................................................... 19 Section 2.06 Securities Depository Provisions............................................................. 19 Section 2.07
AUTHORIZATION AND ISSUANCE OF BONDS. Section 3.01. Exclusive Provisions and Limitation on Further Liens 27 Section 3.02. Bonds 27 Section 3.03. Preconditions to Authentication and Delivery of Bonds 28
AUTHORIZATION AND ISSUANCE OF BONDS. Section 2.01. Authorized Amount of Bonds; Pledge Effected by this Indenture 25 Section 2.02. Issuance and Terms of the Initial Bonds 25 Section 2.03. Determination of Adjustable Fixed Interest Rate 28 Section 2.04. Redemption of Initial Bonds 30 Section 2.05. Delivery of Initial Bonds 36 Section 2.06. Execution of Bonds 36 Section 2.07. Authentication 36 Section 2.08. Additional Bonds 37 Section 2.09. CUSIP Numbers 39 Section 2.10. Book Entry Bonds 40 ARTICLE III GENERAL TERMS AND PROVISIONS OF BONDS Section 3.01. Date of Bonds 43 Section 3.02. Form and Denominations 43 Section 3.03. Legends 43 Section 3.04. Medium of Payment 43 Section 3.05. Bond Details 43 Section 3.06. Interchangeability, Transfer and Registry 44 Section 3.07. Bonds Mutilated, Destroyed, Stolen or Lost 45 Section 3.08. Cancellation and Destruction of Bonds 45 Section 3.09. Requirements With Respect to Transfers 45 Section 3.10. Bond Xxxxxxxxx 00 Section 3.11. Payments Due on Saturdays, Sundays and Holidays 46 ARTICLE IV APPLICATION OF BOND PROCEEDS AND OTHER AMOUNTS Section 4.01. Application of Proceeds of Initial Bonds 47 Section 4.02. Deposit in the Advance Interest Deposit Fund 47 TABLE OF CONTENTS (continued) Page ARTICLE V CUSTODY AND INVESTMENT OF FUNDS Section 5.01. Creation of Funds and Accounts 48 Section 5.02. Project Fund 48 Section 5.03. Application of Advance Interest Deposit Fund 50 Section 5.04. Payments into Renewal Fund; Application of Renewal Fund 51 Section 5.05. Payments into Bond Fund 53 Section 5.06. Application of Bond Fund Moneys 54 Section 5.07. Payments into Earnings Fund; Application of Earnings Fund 56 Section 5.08. Payments into Rebate Fund; Application of Rebate Fund 56 Section 5.09. Purchase Fund 57 Section 5.10. Transfer to Rebate Fund 58 Section 5.11. Investment of Funds and Accounts 58 Section 5.12. Application of Moneys in Certain Funds for Retirement of Bonds 59 Section 5.13. Repayment to the Company from the Funds 60 Section 5.14. Non-presentment of Bonds 60
AUTHORIZATION AND ISSUANCE OF BONDS. 9 SECTION 2.01. AUTHORIZED AMOUNT OF BONDS..............................................................9 SECTION 2.02. PURPOSES FOR WHICH BONDS MAY BE ISSUED..................................................9 SECTION 2.03. ISSUANCE OF SERIES 1989 BONDS...........................................................9 SECTION 2.04. EXECUTION; LIMITED OBLIGATIONS.........................................................10 SECTION 2.05. AUTHENTICATION.........................................................................11 SECTION 2.06. FORM OF BONDS..........................................................................11 SECTION 2.07. TEMPORARY BONDS........................................................................11 SECTION 2.08. DELIVERY OF THE SERIES 1989 BONDS......................................................11 SECTION 2.09. MUTILATED, LOST, STOLEN OR DESTROYED BONDS.............................................12 SECTION 2.10. INTERCHANGEABILITY OF BONDS............................................................13 SECTION 2.11. NEGOTIABILITY OF BONDS AND REGISTRATION BOOKS..........................................13 SECTION 2.12.
AUTHORIZATION AND ISSUANCE OF BONDS. Section 2.01 Authorization and Purpose of Bonds 8 Section 2.02 Designation of Bonds; Authorized Amount 8 Section 2.03 Description of Bonds 8 Section 2.04 Redemption of Bonds 9 Section 2.05 Form of Bonds 11 Section 2.06 Execution of Bonds 11 Section 2.07 Transfer of Bonds 11 Section 2.08 Exchange of Bonds 11 Section 2.09 Temporary Bonds 12 Section 2.10 Registration Books 12 Section 2.11 Bonds Mutilated, Lost, Destroyed or Stolen 12 Section 2.12 Special Covenants as to Book-Entry Only System for Bonds 12 Section 2.13 Conditions for the Issuance of Additional Bonds 14 Section 2.14 Proceedings for Authorization of Additional Bonds 15 Section 2.15 Limitation on the Issuance of Obligations Payable From Revenues 15 ARTICLE III DEPOSIT AND APPLICATION OF PROCEEDS Section 3.01 Issuance of Bonds 16 Section 3.02 Application of Bond Proceeds 16 Section 3.03 Costs of Issuance Fund 16 Section 3.04 Acquisition and Construction Fund 16 Section 3.05 Validity of Bonds 16 ARTICLE IV REVENUES; FLOW OF FUNDS
AUTHORIZATION AND ISSUANCE OF BONDS. SECTION 201.
AUTHORIZATION AND ISSUANCE OF BONDS. Section 201.
AUTHORIZATION AND ISSUANCE OF BONDS. 18 201. Authorization of Sales Tax Bonds 18 202. Provisions for Issuance of Sales Tax Bonds 18 203. Supplemental Trust Agreements 20 204. Special Provisions for Refunding Bonds 23 205. Bond Anticipation Notes 24 206. Additional Obligations 25
AUTHORIZATION AND ISSUANCE OF BONDS. Section II.1Authorization of Bonds .