Bond Issuance Sample Clauses

Bond Issuance. At the time financing is needed for the construction of a new station, the financing will be provided by one of the two following methods:

Bond Issuance. The Bonds shall be issued, sold and delivered on such terms and conditions as the Authority, in its reasonable discretion, deems necessary or desirable. User hereby agrees to cooperate with the Authority and its designated representatives, and to provide all reasonably requested material relating to the User, in order to timely accomplish such authorization, issuance, sale and delivery of the Bonds; provided that such cooperation does not constitute an agreement to issue any land use permits. However, User covenants to promptly process all applications of the Authority for necessary land use permits. The Authority shall issue Bonds only for that portion of the Project's Construction that is not funded by prepaid Service Payments from Users..

Bond Issuance. After the Closing but not later than the Bond Issuance Deadline, at IGU’s request, the Authority shall issue Bonds, in one or more series, in the form of conduit revenue bonds supported by the State of Alaska’s moral obligation; proceeds of such Bonds will be loaned to IGU to finance component parts of the Project. The issuance of the Bonds shall be subject to the terms and conditions of a trust indenture and loan agreement and, including the following: 6.1.1 The aggregate amount of Bonds to be issued may not exceed One Hundred Fifty Million Dollars ($150,000,000) (which sum is inclusive of debt service reserves and capital reserves), plus the costs of capitalized interest and the actual reasonable bond counsel fees, trustee fees, rating fees, financial advisor fees, escrow fees, and other bond issuance costs actually incurred by the Authority. 6.1.2 In connection with the issuance of the Bonds, or each series of Bonds, IGU shall pay the actual reasonable fees and expenses of the Authority’s bond counsel and IGU shall pay the Authority the issuance fee as provided in the Authority’s regulations (3 AAC 99.140) then in effect. Unless IGU elects to pay the fees and expenses of the Authority’s bond counsel and the issuance fee for the Bonds directly to the Authority, the same shall be paid from the proceeds of the Bonds. After issuance of the Bonds (or a series of Bonds), IGU shall be responsible for any direct, out-of-pocket costs the Authority incurs with respect to the Bonds as provided in the Authority’s regulations (3 AAC 99.140) then in effect, subject to SB 23. The Authority shall not otherwise charge IGU any points or percentage fee with respect to the Bonds. 6.1.3 The Bonds may be issued in one or more series as IGU determines based on its consultation with IGU’s financial advisors. The Bonds shall be secured by a capital reserve fund supported by the State of Alaska moral obligation in accordance with SB 23. IGU shall inform the Authority as soon as reasonably possible with respect to all withdrawals from, and all other activity taking place with respect to, the capital reserve fund established for the Bonds. 6.1.4 No Bonds may be issued after the Bond Issuance Deadline. IGU understands and agrees that IGU shall solely be responsible for ensuring that any request IGU makes to the Authority for the issuance of Bonds is made sufficiently in advance of the Bond Issuance Deadline so as to allow the Authority a reasonable period of time to authorize and i...

Bond Issuance. (A.) The Loan shall be evidenced by bonds to be issued by CITY in accordance with Indiana law ("Bonds"). The Bonds evidencing the Loan shall be paid in full by the CITY to the SIB, acting by and through INDOT, in accordance with the terms of this Agreement and with the final terms of the Bonds, which shall be certified to INDOT by the CITY on the Closing Date (defined below) and constitute the plan for repayment of the Loan. (B.) The further terms and conditions of the Bonds are provided in the resolution pursuant to which the Bonds will be issued by the CITY, as such resolution may be amended and supplemented from time to time with INDOT’s written approval ("Bond Resolution"), and the security and sources of payment for the Bonds are also provided in the Bond Resolution. (C.) The Bonds shall be registered to and in the name of "State of Indiana, acting by and through the Indiana Department of Transportation, for the State Infrastructure Bank Program." (D.) The purchase price for the Bonds is one hundred (100) percent of the aggregate principal amount thereof, or $4,264,000.00, and without accrued interest (the "Purchase Price"). (E.) Subject to the other provisions of this Agreement, as amended and supplemented, on the Closing Date, the Bonds shall be delivered to INDOT for the account and benefit of the State Infrastructure Bank Program; against payment of the Purchase Price, in immediately available funds, to Local Government for deposit in an account in the SIB Fund.

Bond Issuance. On or prior to the Effective Date, the Borrower shall have received cash proceeds from the Bond Issurance of at least $250,000,000 gross and at least $240,000,000 net of fees, expenses and other transaction costs. On the Effective Date, (i) the Bond Issuance shall have been consumated in accordance with the terms and conditions of the Bond Issuance Documents and all applicable law, (ii) the Administrative Agent shall have received true and correct copies of all Bond Issuance Documents, in each case certified by a Responsible Officer of the Borrower, (iii) all Bond Issuance Documents and all terms and conditions thereof (including, without limitation, amortization, maturities, interest rates, covenants, defaults, remedies, guaranties and guarantors) shall be in form and substance reasonably satisfactory to the Administrative Agent and (iv) all such Bond Issuance Documents shall be in full force and effect. All conditions precedent to the consummation of the Bond Issuance and as set forth in the Bond Issuance Documents therefor, shall have been satisfied, and not waived unless consented to by the Administrative Agent and the Majority Lenders, to the reasonable satisfaction of the Administrative Agent. The funding of the initial Borrowing hereunder shall evidence the satisfaction of the foregoing conditions except to the extent that the Borrower and the other Credit Parties have agreed to fulfill conditions to the initial Borrowing following the date of this Agreement pursuant to Section 5.17.

Bond Issuance. No later than one hundred eighty (180) days after the City conveys title of the Redevelopment Site to the Developer, but not prior to written notice from the Developer that Developer has secured financing acceptable to the Developer, the City shall issue the bonds in the gross amount of $13,000,00014,000,000. The City, in its sole discretion, may initiate two or more bond issues, including: 1) bond issue(s) designed to be tax- exempt which will be limited to the reimbursement of only those TIF Eligible Improvements that are not considered to be private activity bonds or which would result in the making of private payments in violation of the tax exempt nature of the bonds (“Tax Exempt Bonds”); and 2) other bond issue(s) that may or may not be considered tax exempt (“Additional Bonds”). The City shall cooperate with the Developer to provide assurance to the Developer’s lender in regard to the bond issue, and the City shall cooperate with the Developer and Developer’s lender in regard to the timing of the bond issue.

Bond Issuance. Apply the net proceeds received from the Bond Issuance to reduce the balance outstanding under the Revolving Loan.

Bond Issuance. The Water Authority shall take all reasonable actions to ------------- insure that, on or prior to the Closing Date, it shall have issued and sold bonds, the interest on which is excluded from gross income for federal income tax purposes, in an aggregate principal amount of not less than the sum of (a) the Acquisition Price, plus (b) the Lease Repurchase Amount, plus (c) the total costs of the Water Authority incurred in issuing such bonds, plus (d) the total estimated expenses of the Water Authority to be incurred in connection with the transactions contemplated by this Agreement, plus (e) amounts necessary for reasonable and customary working capital and reserve funds.

Bond Issuance. The Parent shall have received at least $400,000,000 in gross cash proceeds from the issuance of subordinated Indebtedness in accordance with clause (iii) of Section 9.08 of the Credit Agreement.

Bond Issuance. After the Closing but not later than the Bond Issuance Deadline, at IGU’s request, the Authority shall issue Bonds, in one or more series, in the form of conduit revenue bonds supported by the State of Alaska’s moral obligation; proceeds of such Bonds will be loaned to IGU to finance component parts of the Project. The issuance of the Bonds shall be subject to the terms and conditions of a trust indenture and loan agreement and, including the following: The aggregate amount of Bonds to be issued may not exceed One Hundred Fifty Million Dollars ($150,000,000) (which sum is inclusive of debt service reserves and capital reserves, to the degree required by bondholders), plus the actual reasonable costs of capitalized interest, bond counsel fees, trustee fees, rating fees, financial advisor fees, escrow fees, and other bond issuance costs actually incurred by the Authority.