Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds sufficient to pay the following: (a) the principal of, premium, if any, and interest due on the Bonds, upon maturity, redemption or otherwise. All such payments shall be made to the Paying Agent at its Principal Office in lawful money of the United States of America in immediately available funds on or before the date on which due; (b) the reasonable fees of the Paying Agent and Bond Registrar as provided in the Resolution. Said fees and expenses shall be paid when due directly to the Paying Agent and Bond Registrar for its own account; (c) any payments which may be required by Section 4.08(c). Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Appears in 2 contracts
Samples: Intergovernmental Contract, Intergovernmental Contract
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds sufficient to pay the following:
(a) the principal of, premium, if any, and interest due on the BondsBond, upon maturity, redemption or otherwise. All such payments shall be made to the Paying Agent at its Principal Office in lawful money of the United States of America in immediately available funds on or before the date on which due;
(b) the reasonable fees of the Paying Agent and Bond Registrar as provided in the Resolution. Said fees and expenses shall be paid when due directly to the Paying Agent and Bond Registrar for its own account;; and
(c) any payments which may be required by Section 4.08(c4.03(c). Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Appears in 1 contract
Samples: Intergovernmental Contract
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds sufficient to pay the following:
(a) the principal of, premium, if any, and interest due on the BondsBond, upon maturity, redemption redemption, or otherwise. All such payments shall be made to in accordance with the Paying Agent at its Principal terms of the Home Office Payment Agreement in lawful money of the United States of America in immediately available funds on or before the date on which due;
(b) the reasonable fees of the Paying Agent and Bond Registrar as provided in the Resolution. Said fees and expenses shall be paid when due directly to the Paying Agent and Bond Registrar for its own account;; and
(c) any payments which may be required by Section 4.08(c). Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Appears in 1 contract
Samples: Intergovernmental Contract
Contract Payments by the City. Pursuant to this Contract, the City agrees to provide funds sufficient to pay the following:
(a) the principal of, premium, if any, and interest due on the BondsBond, upon maturity, redemption redemption, or otherwise. All such payments shall be made to the Paying Agent at its Principal Designated Office in lawful money of the United States of America in immediately available funds on or before the date on which due;
(b) the reasonable fees of the Paying Agent and Bond Registrar as provided in the Resolution. Said fees and expenses shall be paid when due directly to the Paying Agent and Bond Registrar for its own account;; and
(c) any payments which may be required by Section 4.08(c). Each payment to be made by the City hereunder is to be made on a parity with every other payment hereunder.
Appears in 1 contract
Samples: Intergovernmental Contract