Common use of Prior Lien of Bonds Clause in Contracts

Prior Lien of Bonds. The Authority will not hereafter issue any other bonds or obligations of any kind or nature payable from or enjoying a lien on the revenue derived from this Contract superior to the lien created in the Resolution for the payment of the Bonds. [End of Article V] ARTICLE VI

Appears in 3 contracts

Samples: Intergovernmental Contract, Intergovernmental Contract, Intergovernmental Contract

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Prior Lien of Bonds. The Authority will not hereafter issue any other bonds or obligations of any kind or nature payable from or enjoying a lien on the revenue derived from this Contract superior to the lien created in the Resolution for the payment of the Bonds. [End of Article END OF ARTICLE V] ARTICLE VI]

Appears in 2 contracts

Samples: Intergovernmental Contract, Intergovernmental Contract

Prior Lien of Bonds. The Authority will not hereafter issue any other bonds or obligations of any kind or nature payable from or enjoying a lien on the revenue derived from this Contract superior to the lien created in the Resolution for the payment of the Bonds. [End of Article END OF ARTICLE V] ARTICLE VI

Appears in 2 contracts

Samples: Intergovernmental Contract, Intergovernmental Contract

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Prior Lien of Bonds. The Authority will not hereafter issue any other bonds or obligations of any kind or nature payable from or enjoying a lien on the revenue derived from this Contract superior to the lien created in the Resolution for the payment of the Bonds. [End of Article V] ARTICLE VIVI [RESERVED]

Appears in 1 contract

Samples: Intergovernmental Contract

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