Common use of Bond Payments Clause in Contracts

Bond Payments. The Authority will duly and punctually pay the principal of, premium, if any, and interest on the Project Bonds at the dates and the places and in the manner mentioned in the Project Bonds and in the respective Project Indentures, according to the true intent and meaning thereof and hereof, but solely out of the Base Rental Payments and other sources of funds specified herein and in the respective Project Indentures.

Appears in 4 contracts

Samples: Construction and Lease Agreement, Financing, Construction and Lease Agreement, Construction and Lease Agreement

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Bond Payments. The Authority will duly and punctually pay the principal of, premium, if any, and interest on the Project Bonds at the dates and the places and in the manner mentioned in the Project Bonds and in the respective Project Indentures, according to the true intent and meaning thereof and hereof, but solely out of the Base Rental RentalSponsor Payments and other sources of funds specified herein and in the respective Project Indentures.

Appears in 1 contract

Samples: Financing, Construction and Lease Agreement

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Bond Payments. The Authority will duly and punctually pay the principal of, premium, if any, and interest on the Project Bonds at the dates and the places and in the manner mentioned in the Project Bonds and in the respective Project Indentures, according to the true intent and meaning thereof and hereof, but solely out of the Base Rental Sponsor Payments and other sources of funds specified herein and in the respective Project Indentures.

Appears in 1 contract

Samples: Construction and Lease Agreement

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