Bond Financing. Notwithstanding anything in these Procedures to the contrary, IPA shall not be required to perform any obligation hereunder or take any action in furtherance thereof that, in the sole opinion of IPA’s bond counsel, creates a risk that the use of any portion of the IPA Switchyard (or any other assets of IPA) in the manner provided in these Procedures will be treated as “private business use” under (and as defined in) section 141(b)(6) of the Internal Revenue Code; provided, however, that the foregoing shall not be applicable if Interconnection Customer first pays to IPA all costs and expenses of mitigating the effects of such private business use, including but not limited to the costs and expenses of IPA taking appropriate remedial action as directed by its bond counsel, in its bond counsel’s sole opinion required to eliminate such private business use, unless IPA shall reasonably determine to otherwise make provision for such remediation of such private business use.
Bond Financing. Landlord further agrees to -------------- assist with Developer's financing of the development of the Premises by cooperating reasonably with Developer and using reasonable efforts to sell or to cause any appropriate agency of the City of Long Beach to sell industrial development bonds as a source for such financing, if such action is legally permissible; by granting to or for the benefit of the holders of any special assessment or district bonds constituting a first lien on Developer's Leasehold Estate, or their trustee, rights and remedies of a similar nature afforded Leasehold Mortgagees under Section 4 hereof.
Bond Financing. The County intends to issue limited tax general obligation bonds to finance a portion of the costs of constructing the Justice Facility and Behavioral Health Treatment Center, and may utilize interim financing prior to issuance of such bonds. The Parties acknowledge that the County intends to issue bonds or enter into agreements for interim financing in reliance upon the commitments and agreements of the Parties reflected in this Agreement.
Bond Financing. Lessor's bond indebtedness secured by the Premises shall have been paid off or defeased to the satisfaction of Lessee.
Bond Financing. Landlord acknowledges and agrees that (i) Landlord will enter into a taxable development bond financing arrangement (the “Tax Abatement Process”) with the Development Authority of Xxxxxxx County, a public body corporate and politic of the State of Georgia (the “Development Authority”), whereby the Property (or some portion thereof) will receive favorable ad valorem tax treatment in calendar years 2004 through and including 2011 with respect to Xxxxxxx County, Georgia ad valorem taxes, and (ii) Tenant shall receive its proportionate share of any actual tax reduction, rebate or abatement (the “Tax Savings”) relating to the Building and
Bond Financing. None of the Parent and its Subsidiaries may redeem any of the Bond Financing prior to the Bond Financing Maturity Date without the prior written consent of the Agent (acting on the instructions of all the Lenders and such consent not to be unreasonably withheld or delayed).
Bond Financing. In order to provide funding for the Stakeholder Reimbursements, the Parties agree as follows:
(i) The Sports Authority will issue, sell and deliver the Series 2014 NRG Bonds in accordance with the NRG Finance Plan set forth in Appendix C. The pricing and terms of the Series 2014 NRG Bonds shall be established by the Sports Authority, subject to paragraph (ii) below, the provisions set forth in Article 3 hereof regarding the Miscellaneous Revenue Flow of Funds, and the approvals of the Club and the Rodeo (which approvals shall not be unreasonably withheld, conditioned or delayed). The Club and the Rodeo shall be deemed to have approved the pricing and terms of the Series 2014 NRG Bonds (and at closing will deliver certificates confirming such approvals) if the transaction results in annual debt service payments for the Series 2014 NRG Bonds in an amount not to exceed $6,225,000 and sufficient bond proceeds that, together with other legally available funds, provide for the payment of the Stakeholder Reimbursements in accordance with the NRG Finance Plan set forth in Appendix C. The original Series 2014 NRG Bonds shall be issued in one offering, provided, however, the Sports Authority may determine to issue the original Series 2014 NRG Bonds in a series of offerings over time with the prior written approval of the Club and the Rodeo (which approvals shall not be unreasonably withheld, conditioned or delayed).
(ii) The Club, the Rodeo, and HCSCC shall each use Reasonable Efforts to cooperate with the Sports Authority, its financial advisors, bond counsel, and the underwriters of the Series 2014 NRG Bonds in connection with the marketing and selling thereof and the closing transactions relating thereto, including as follows:
(A) customary participation in the preparation of any offering document for any such bonds, to the extent reasonably required;
(B) unless any such certificates or other documents would impose materially new or different obligations or contingent liabilities on any such Party other than those set forth in the other Principal Project Documents, executing and delivering reasonable and customary certificates and other documents at closing, which shall not be unreasonably withheld, conditioned or delayed; provided, however, the Parties agree that no additional guaranty, collateral or revenues of the Parties, other than as specifically required herein or in the other Principal Project Documents, shall be required to be given or pledged as part of...
Bond Financing. The State anticipates the issuance of certain Customer Facility Senior Lien Revenue Bonds, in connection with the design and construction of the Airports Consolidated Rental Car System. Such Bonds are being issued pursuant to and in accordance with the Bond Indenture, together with any and all related documents executed in connection therewith, and shall be and remain subject to the applicable terms, conditions, and provisions thereof, as the same may be amended or modified from time to time.
Bond Financing. The County intends to issue limited tax general obligation bonds to finance the New Jail, and may utilize interim financing prior to issuance of such bonds. The Parties acknowledge that the County intends to issue Bonds or enter into agreements for interim financing in reliance upon the commitments and agreements of the Parties reflected in this Agreement. The Cities agree that payments required under this Agreement will be made as set forth herein, and are not subject to any claims or disputes relating to jail operations or any other terms of this Agreement. The County intends to construct and operate new facilities housing the Sheriff’s Office facilities adjacent to the New Jail, to be funded from County revenue and resources. If the County issues a single bond for both the New Jail and Sheriff’s Office facilities the County will ensure that there is a clear delineation of issuance costs and debt service allocable to the New Jail and the Sheriff’s Office facilities separately, including separately calculating the “All-in True Interest Cost” (referred to herein as “AIC”) allocable to each purpose. Such allocations, including calculation of the AIC, will be provided by a registered municipal advisor (financial advisor).