Pledge of State. In accordance with the Act CRRA hereby includes the following pledge and undertaking for the State: The state of Connecticut does hereby pledge to and agree with the holders of any bonds and notes issued under this chapter and with those parties who may enter into contracts with CRRA pursuant to the provisions of this chapter that the state will not limit or alter the rights hereby vested in CRRA until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of CRRA, provided nothing contained herein shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such bonds and notes of CRRA or those entering into such contracts with CRRA. CRRA is authorized to include this pledge and undertaking for the state in such bonds and notes or contracts. (Section 22a- 274 of the General Statutes.)
Appears in 8 contracts
Samples: Municipal Solid Waste Management Services Agreement, Municipal Solid Waste Management Services Agreement, Municipal Solid Waste Management Services Agreement
