Contract Payments by the City. Section 5.01. Contract Payments by the City 9 Section 5.02. Credits 9 Section 5.03. Place of Payments 9 Section 5.04. Taxes and Other Governmental Charges 9 Section 5.05. City’s Obligations Unconditional 9 Section 5.06. City’s Remedies 10 Section 5.07. Tax Levy to Make Payments 10 Section 5.08. Prior Lien of Bond 11 ARTICLE VI MAINTENANCE, REPAIR, AND MODIFICATION OF THE PROJECT BY CITY Section 6.01. Maintenance and Repair 12 Section 6.02. Removal of Equipment 12 Section 6.03. Liens 12
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds sufficient to pay the following:
Contract Payments by the City. 6 Section 5.01 Contract Payments by the City 6 Section 5.02 Credits 6 Section 5.03 Manner and Place of Payments 6 Section 5.04 City’s Obligations Unconditional 7
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds, subject to the Millage Cap, which shall be sufficient to the extent necessary (after taking into account moneys on deposit in the Debt Service Fund) to pay the principal and interest due on the Series 2023 Bond, upon maturity or otherwise, together with all reasonable and necessary fees and expenses of the Bond Registrar, Paying Agent, Debt Service Fund Custodian and Project Fund Custodian under the Bond Resolution, if any, as the same become due, upon the submission by the Bond Registrar, Paying Agent, Debt Service Fund Custodian and Project Fund Custodian, as applicable, of statements therefor. Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Contract Payments by the City. Pursuant to this Contract, the City agrees to make payments directly to the Paying Agent, as described in Section 5.03, sufficient to pay the following:
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds available from the levy of its Economic Development Millage, subject to the Millage Cap, together with any other lawfully available funds of the City (including from its general funds), which shall be sufficient to the extent necessary (after taking into account moneys on deposit in the Debt Service Fund) to pay the principal and interest due on the Series 2023A Bond, upon maturity or otherwise, together with all reasonable and necessary fees and expenses of the Bond Registrar, Paying Agent, Debt Service Fund Custodian and Project Fund Custodian under the Bond Resolution, if any, as the same become due, upon the submission by the Bond Registrar, Paying Agent, Debt Service Fund Custodian and Project Fund Custodian, as applicable, of statements therefor. Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Contract Payments by the City. Pursuant to this Contract, unless otherwise paid pursuant to the terms of the Garage Management Agreement or the Xxxxxxx Guaranty, the City agrees to make payments directly to the Paying Agent, as described in Section 5.03, sufficient to pay the following:
