Other Bonds. This Agreement and the Performance Security do not alter the obligation of Developer to provide other bonds required by any municipality, county or other agency having jurisdiction over Developer’s development. The furnishing of security in compliance with the requirements of other jurisdictions shall not adversely affect the ability of the District to withdraw from the Performance Security as provided herein.
Other Bonds. This Agreement and the Cash Deposit do not alter the obligation of Developer to provide other bonds under applicable ordinances of any city or county having jurisdiction over Developer's development. The furnishing of security in compliance with the requirements of other jurisdictions shall not adversely affect the ability of the District to draw on the Cash Deposit as provided herein.
Other Bonds. The Company agrees that during the period commencing on the date of the issuance of the Bonds and ending 15 days thereafter, there shall be issued no "private activity bonds," as defined in Section 141 of the Code, which are guaranteed or otherwise secured by payments to be made by the Company or any "related person" (or group of "related persons") unless the Company shall deliver to the Trustee a Favorable Opinion of Bond Counsel in connection with the issuance of such "private activity bonds". The Company represents that except for the Company or any "related person" (or group of "related persons"), no person has (i) guaranteed, arranged, participated in, assisted with or paid any portion of the cost of the issuance of, the Bonds, and (ii) provided any property or any franchise, trademark or trade name (within the meaning of Section 1253 of the Code) which is to be used in connection with the Project.
Other Bonds. The Borrower agrees that during the period commencing on the date of the issuance of the Bonds and ending 15 days thereafter, there shall be issued no “private activity bonds,” as defined in Section 141 of the Code, which are guaranteed or otherwise secured by payments to be made by the Borrower or any “related person” (or group of “related persons”) unless the Borrower shall deliver to the Trustee an Approving Opinion of Bond Counsel addressed to the Trustee in connection with the issuance of such “private activity bonds”.
Other Bonds. (a) Subject to the terms and conditions of this Agreement, the Company may from time to time, in its sole discretion, issue and sell to each Purchaser and each Purchaser may from time to time, in its sole discretion, purchase from the Company, at one or more Closings provided for in Section 3, one or more series of Other Bonds in the principal amount specified opposite such Purchaser’s name in such Purchaser’s Purchaser Information Report provided in accordance with Section 4.15 for each Closing, and issued pursuant to the Indenture, including, in each case, an Other Bonds Supplemental Indenture.
Other Bonds. Developer shall, at the request of the City, agree to any reasonable amendments to this Agreementthat are necessary or desirable in order for the City to issue (in its sole discretion) any bonds in connection with the Redevelopment Area, the proceeds of which may be used toreimburse the City for expenditures made in connection with, or provide a source of funds for the payment for, the TIF-Funded Improvements (the "Bonds") ; provided, however, that any such amendments shall not have a material adverse effect on Developer or the Project. Developer shall, at Developer's expense, cooperate and provide reasonable assistance in connection with the marketing of any such Bonds, including but not limited to providing written descriptions of the Project, making representations, providing information regarding. its financial condition and assisting the City in preparing an offering statement with respect thereto. Job Creation and Retention: Covenant to Remain in the City. Developer shall aspire to create (a).two (2) full-time equivalent, permanent jobs at the Project within three (3) months of the completion thereof; and (b) .one-hundred twenty (120) temporary full-time •equivalent, permanent jobs during construction of the Project Developer hereby covenants and agrees to maintain its operations solely as a residences. for low and moderate Senior Households as set forth herein within the City of Chicago at the Property through the later of the Compliance Period and the Term of the Agreement.
Other Bonds. If the aggregate principal amount of Pledged Bonds at the time of selection is less than the amount available for the partial redemption of the Bonds, the Trustee may select for redemption Bonds in an aggregate principal amount equal to such excess in such manner as the Trustee in its discretion shall deem fair and appropriate.
Other Bonds. Prior to the issuance of the Bonds, the Issuer has or will have issued, and subsequent to the issuance of the Bonds, the Issuer may issue, bonds in connection with the financing of other projects (said bonds are referred to herein as the “Other Bonds”). Any pledge, mortgage, or assignment made in connection with the Other Bonds shall be protected, and any funds pledged or assigned for payment of principal of or premium, if any, or interest on the Other Bonds shall not be used for the payment of principal of or premium, if any, or interest on the Bonds. Any pledge, mortgage, or assignment made in connection with the Bonds shall be protected, and no funds pledged or assigned for the payment of the Bonds shall be used for the payment of principal of or premium, if any, or interest on the Other Bonds.
Other Bonds. Section 5.6 of the Agreement is deleted in its entirety. The following new paragraph (d) of Section 6.8 of the Agreement is added:
Other Bonds. Short Term Inve~tmett ..........
