Issuance of Bonds. The City shall at all times maintain the ability to issue bonded indebtedness payable from Net Revenues in an amount at least equal to the sum of (i) the aggregate principal amount of the Commercial Paper Notes plus (ii) the aggregate amount of accrued interest to maturity on all Commercial Paper Notes, plus (iii) any Obligations payable to the Bank hereunder, including without limitation, under the Bank Note.
Appears in 4 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement, Revolving Credit Agreement
Issuance of Bonds. The City shall at all times maintain the ability to issue bonded indebtedness payable from Net Revenues in an amount at least equal to the sum of (i) the aggregate principal amount of the Commercial Paper Notes plus (ii) the aggregate amount of accrued interest to maturity on all Commercial Paper Notes, plus (iii) any Obligations payable owing to the Bank hereunder, including without limitation, under the Bank Note.
Appears in 3 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement, Note Purchase Agreement
Issuance of Bonds. The City shall at all times maintain the ability to issue bonded indebtedness payable from Net Revenues in an amount at least equal to the sum of (i) the aggregate principal amount of the Commercial Paper Notes plus (ii) the aggregate amount of accrued interest to maturity on all Commercial Paper Notes, plus (iii) any Obligations payable to the Bank hereunder, including without limitation, under the Bank Note.
Appears in 2 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement
