District Bond Financing Requirements and Limitations Sample Clauses

District Bond Financing Requirements and Limitations. The issuance of a series of District Bonds by the District shall be subject to the requirements and limitations set forth in the DGP and this Agreement. The City and the District covenant that, except as provided in the Act, neither shall take any action or omit to take any action, whether by way of agreement or legislative or quasi-judicial action, that pledges, impairs, or seeks to impair in any manner (i) the revenues generated by the District Special Levy, (ii) all moneys and investments of the District, including earnings thereon, and (iii) any and all other funds, assets, rights, property or interests therein, of every kind or description which may from time to time hereafter, by delivery or by writing of any kind, be sold, transferred, conveyed, assigned, pledged, mortgaged, granted or delivered to or deposited with the trustee(s) under an Indenture as additional security hereunder, for the benefit and security of the District Bonds.
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Related to District Bond Financing Requirements and Limitations

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