Common use of Issuance of Subordinate Debt Clause in Contracts

Issuance of Subordinate Debt. In addition to the Bonds and any Parity Bonds, from time to time the Agency may issue or incur Subordinate Debt in such principal amount as shall be determined by the Agency, provided that the issuance of such Subordinate Debt shall not cause the Agency to exceed any applicable Plan Limitation.

Appears in 2 contracts

Samples: Indenture of Trust, Indenture of Trust

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Issuance of Subordinate Debt. In addition to the Bonds Loan and any Parity BondsDebt, from time to time the Agency may issue or incur Subordinate Debt in such principal amount as shall be determined by the Agency, provided that the issuance of such Subordinate Debt shall not cause the Agency to exceed any applicable Plan LimitationLimitations.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Issuance of Subordinate Debt. In addition to the Bonds Loan, any Senior Debt and any Parity BondsDebt, from time to time the Agency may issue or incur Subordinate Debt in such principal amount as shall be determined by the Agency, provided that the issuance of such Subordinate Debt shall not cause the Agency to exceed any applicable Plan LimitationLimitations.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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