Proceeds of Bonds. None of the proceeds of the Bonds will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any “margin stock” within the meaning of Regulation U or X of the FRB. The Commonwealth shall use the proceeds of the Bonds hereunder in compliance with all applicable legal and regulatory requirements of any Governmental Authority (including Regulation U or X of the FRB and the Securities Exchange Act of 1934 and the Securities Act of 1933 and any regulations thereunder).
Proceeds of Bonds the Supervisor will not be liable to the Company or any Bondholder for the receipt or application by the Company of the Issue Price or be bound to see to the application of those proceeds or letters of allotment to the persons entitled to them;
Proceeds of Bonds. (a) The State may have recourse to the proceeds of any Bond at any time.
Proceeds of Bonds. The Bond Proceeds will be used solely for the purposes described in the Bond Indenture and the Loan Agreement.
Proceeds of Bonds. The Commonwealth shall not use any of the proceeds of the Bonds, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any “margin stock” within the meaning of Regulation U or X of the FRB. The Commonwealth shall use the proceeds of the Bonds hereunder in compliance with all applicable legal and regulatory requirements of any Governmental Authority (including Regulation U or X of the FRB and the Securities Exchange Act of 1934 and the Securities Act of 1933 and any regulations thereunder).
Proceeds of Bonds. The proceeds of the Bonds will be used by the Issuer solely for the purposes described in the Ordinance.
Proceeds of Bonds. The Bond Proceeds were used solely for the purposes described in the Indenture and the Loan Agreement. None of the Bond Proceeds were used to provide inventories, raw materials or working capital for the Borrower.
Proceeds of Bonds. Evidence (i) of receipt by the Borrower of at least $95,000,000 net of fees from the public sale of the Bonds by the Borrower and (ii) that the Borrower and/or one or more of its Subsidiaries have given irrevocable notice of prepayment of outstanding accrued Debt thereof described in Part II of Schedule 4.01(m) hereto, in an aggregate amount at least equal to $95,000,000.
Proceeds of Bonds. The proceeds of the Bonds and Letter of Credit will be used by the City solely for the purposes described herein, in the Indenture and Installment Purchase Agreement, as applicable.
Proceeds of Bonds
