Loan by Issuer. The Issuer hereby agrees to make the Loan to the Company in order to refund the Refunded Bonds. The Company hereby agrees to cause the proceeds of the Bonds to be applied exclusively to such purpose and to cause the refunding of the Refunded Bonds to be effected within 90 days after the date of initial issuance of the Bonds. The Company agrees to pay to the Prior Bonds Trustees the amount in excess of the proceeds of the Bonds needed to pay the redemption price of the Prior Bonds.
Loan by Issuer. Upon the terms and conditions of this Agreement, the Issuer will make the Loan to the Company on the Issue Date in a principal amount equal to the aggregate principal amount of the Bonds. The Loan shall be deemed fully advanced upon deposit of the proceeds of the Bonds (net of any bond discount) in the Bond Fund and the Project Fund pursuant to Section 2.3.
Loan by Issuer. The Issuer hereby agrees to make the initial Loan to the Company for the purpose of currently redeeming all of the outstanding Prior Bonds within 90 days after the date of initial issuance of the Series 2013 Bonds. The Company hereby agrees to cause the proceeds of the Series 2013 Bonds to be applied exclusively to the foregoing purpose and to cause such Prior Bonds to be redeemed within 90 days after the date of initial issuance of the Series 2013 Bonds. In addition, the Company agrees to pay any and all amounts required in addition to the proceeds of the Series 2013 Bonds to currently redeem such Prior Bonds as set forth in this Section 3.1 including, but not limited to, principal and interest owed on the Prior Bonds. The Issuer hereby agrees to make additional Loans to the Company from time to time from the proceeds of any Additional Bonds issued by the Issuer pursuant to the Indenture.
Loan by Issuer. The Issuer hereby agrees to make the Loan to the Company in order to pay the Cost of the Project or to reimburse the Company for any Cost of the Project paid or incurred by the Company before or after the execution and delivery of this Agreement and the issuance and delivery of the Bonds but not paid or incurred before January 13, 2006, being the sixtieth day prior to Official Action (or, in the event that the IRS issues a ruling to the effect that reimbursement of costs incurred prior to that date will not affect the taxability of the bonds, such earlier date). Any such payment shall be made by the Issuer pursuant to the Indenture upon receipt by the Trustee of a requisition certificate substantially in the form attached as Exhibit C to the Indenture. Repayment of the Loan will be guaranteed by the Guarantor pursuant to the Guaranty.
Loan by Issuer. The Issuer hereby agrees to make the Loan to the Company for the purpose, in the case of the proceeds of the Series 1996 Bonds, of redeeming the Series 1991 Bonds within 90 days after the date of initial issuance of the Series 1996 Bonds. The Company hereby agrees to cause the proceeds of the Series 1996 Bonds to be applied exclusively to the foregoing purpose and to cause the Series 1991 Bonds to be redeemed within 90 days after the date of initial issuance of the Series 1996 Bonds.
Loan by Issuer. The Issuer hereby agrees to make the Loan to the Company in order to finance the Cost of Construction of the Projects.
Loan by Issuer. LOAN PAYMENTS; ADDITIONAL PAYMENTS; MUNICIPAL BOND INSURANCE POLICY; AND LIQUIDITY FACILITY.....................................................16
Loan by Issuer. LOAN PAYMENTS; ADDITIONAL PAYMENTS; MUNICIPAL BOND INSURANCE POLICY AND LIQUIDITY FACILITY
Loan by Issuer. REPAYMENT OF THE LOAN; ---------------------- LOAN PAYMENTS AND ADDITIONAL PAYMENTS -------------------------------------
Loan by Issuer. The Issuer hereby agrees to make the Loan to the Company for the purpose, in the case of the proceeds of the Series 1998 Bonds, of currently redeeming a portion of the Series A Bonds and all of the Series C Bonds within 90 days after the date of initial issuance of the Series 1998 Bonds. The Company hereby agrees to cause the proceeds of the Series 1998 Bonds to be applied exclusively to the foregoing purpose and to cause such Series A Bonds and Series C Bonds to be redeemed within 90 days after the date of initial issuance of the Series 1998 Bonds. In addition, the Company agrees to pay any and all amounts required in addition to the proceeds of the Series 1998 Bonds to currently redeem a portion of the Series A Bonds and all of the Series C Bonds.
