ISSUANCE OF AUTHORITY BONDS Sample Clauses

ISSUANCE OF AUTHORITY BONDS. Section 2.1. Terms of Authority Bonds 10 Section 2.2. Redemption of Authority Bonds 11 Section 2.3. Form of Authority Bonds 13 Section 2.4. Execution of Authority Bonds 14 Section 2.5. Transfer of Authority Bonds 14 Section 2.6. Exchange of Authority Bonds 14 Section 2.7. Temporary Authority Bonds 15 Section 2.8. Bond Register 15 Section 2.9. Authority Bonds Mutilated, Lost, Destroyed or Stolen 15 Section 2.10. CUSIP Numbers 15 Section 2.11. Book-Entry Only System 15 Section 2.12. Successor Securities Depository; Transfer Outside Book-Entry Only System 16 ARTICLE III DEPOSIT AND APPLICATION OF PROCEEDS Section 3.1. Issuance of Authority Bonds 18 Section 3.2. Application of Proceeds of Authority Bonds and Funds Received from the Reassessment District .18 Section 3.3. Revenue Fund 18 Section 3.4. Costs of Issuance Fund 18 Section 3.5. Purchase Fund 18 Section 3.6. Surplus Fund 18 Section 3.7. Reserve Fund 19 Section 3.8. Validity of Authority Bonds 19
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ISSUANCE OF AUTHORITY BONDS. Upon the execution and delivery of this Indenture, the Authority shall execute and deliver the Authority Bonds in the principal amount set forth in Section 2.1 hereof to the Trustee for authentication and delivery to the Original Purchaser thereof upon the Request of the Authority.

Related to ISSUANCE OF AUTHORITY BONDS

  • Evidence of Authority The Custodian shall be protected in acting upon any instructions, notice, request, consent, certificate or other instrument or paper believed by it to be genuine and to have been properly executed by or on behalf of the Fund. The Custodian may receive and accept a certified copy of a vote of the Board of Directors of the Fund as conclusive evidence (a) of the authority of any person to act in accordance with such vote or (b) of any determination or of any action by the Board of Directors pursuant to the Articles of Incorporation as described in such vote, and such vote may be considered as in full force and effect until receipt by the Custodian of written notice to the contrary.

  • Reservation of Authority Nothing in this subpart shall limit the authority of the Secretary to take action to enforce conditions or violations of law, including actions necessary to prevent evasions of this subpart.

  • LIMITATION OF AUTHORITY No person is authorized to make any representations concerning the Funds or the Shares except those contained in the Prospectus of each Fund and in such printed information as the Distributor may subsequently prepare. No person is authorized to distribute any sales material relating to any Fund without the prior written approval of the Distributor.

  • Scope of Authority Committee meetings will be used for communications between the parties, to share information and to address concerns. The committee will have no authority to conduct any negotiations or modify any provision of this Agreement. The committee’s activities and discussions will not be subject to the grievance procedure in Article 30.

  • Lines of Authority The Owner shall establish and maintain lines of authority for his personnel and shall provide this definition to the Construction Manager and all other affected parties.

  • Certification of Authority The undersigned certify that the persons executing this agreement on behalf of City and SDA have legal authority to enter into this agreement on behalf of City and SDA respectively and have full authority to bind City and SDA in a valid Agreement on the terms herein.

  • CERTIFICATE OF AUTHORITY The Trust, the Adviser and the Sub-Adviser shall furnish to each other from time to time certified copies of the resolutions of their Boards of Trustees/Directors or executive committees, as the case may be, evidencing the authority of officers and employees who are authorized to act on behalf of the Trust, a Fund Account, the Adviser and/or the Sub-Adviser.

  • Representation of Authority Each individual executing this Agreement on behalf of a party hereto hereby represents and warrants that he or she is, on the date he or she signs this Agreement, duly authorized by all necessary and appropriate action to execute this Agreement on behalf of such party and does so with full legal authority.

  • Warranty of Authority Each person signing this Amendment warrants that he or she is duly authorized to do so and to bind the respective party.

  • Warrant of Authority Each person signing this Amendment warrants that he or she is duly authorized to do so and to bind the respective party.

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