Common use of Disqualified Bonds Clause in Contracts

Disqualified Bonds. Bonds owned or held by or for the account of the Authority shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Article, and shall not be entitled to consent to or take any other action provided in this Article.

Appears in 6 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

AutoNDA by SimpleDocs

Disqualified Bonds. Bonds owned or held by or for the account of the Authority shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Articlearticle, and shall not be entitled to consent to or take any other action provided in this Articlearticle.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Disqualified Bonds. Bonds owned or held by or for the account of the Authority or the City shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Articlearticle, and shall not be entitled to consent to or take any other action provided in this Articlearticle.

Appears in 1 contract

Samples: Trust Agreement

Disqualified Bonds. Bonds owned or held by or for the account of the Authority Local Agency shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Articlearticle, and shall not be entitled to consent to or take any other action provided in this Articlearticle.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Disqualified Bonds. Bonds owned or held by or for the account of the Authority Agency shall not be deemed Outstanding for the purpose of any consent or other action or any calculation of Outstanding Bonds provided in this Article, and shall not be entitled to consent to or take any other action provided in this ArticleArticle or otherwise under this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!