Common use of Prior Lien of the Bond Clause in Contracts

Prior Lien of the Bond. 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 Bond. [END OF ARTICLE V]

Appears in 1 contract

Samples: Intergovernmental Contract

AutoNDA by SimpleDocs

Prior Lien of the Bond. 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 Bond. [END OF ARTICLE End of Article V]

Appears in 1 contract

Samples: Intergovernmental Contract

Prior Lien of the Bond. 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 Bond. [END OF ARTICLE V]] ARTICLE VI

Appears in 1 contract

Samples: Intergovernmental Contract

AutoNDA by SimpleDocs

Prior Lien of the Bond. 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 Bond. [END OF End of Article V] ARTICLE V]VI

Appears in 1 contract

Samples: Intergovernmental Contract

Time is Money Join Law Insider Premium to draft better contracts faster.