Common use of Payment of Bonds and Performance of Covenants Clause in Contracts

Payment of Bonds and Performance of Covenants. The Issuer shall, but only out of the Revenues, promptly pay the principal of, premium, if any, and interest on the Bonds at the place, on the dates and in the manner provided in the Bonds. The Issuer shall promptly perform and observe all of its other covenants, undertakings and obligations set forth in the Financing Documents.

Appears in 9 contracts

Samples: Trust Indenture (York Water Co), Trust Indenture (York Water Co), Trust Indenture (York Water Co)

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Payment of Bonds and Performance of Covenants. The Issuer shall, but only out of the RevenuesSecurity, promptly pay the principal of, premium, if any, and interest on the Bonds at the place, on the dates and in the manner provided in the Bonds. The Issuer shall promptly perform and observe all of its other covenants, undertakings and obligations set forth in the Financing DocumentsResolution, this Indenture, the Bonds or the Agreement.

Appears in 1 contract

Samples: Trust Indenture

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