Common use of Prohibition on Other Obligations Clause in Contracts

Prohibition on Other Obligations. Between the date of this Purchase Agreement and the Closing, the Issuer will not, without the prior written consent of the Representative, issue any bonds, notes or other obligations for borrowed money secured in whole or in part by all or any portion of the Trust Estate, and, subsequent to the respective dates as of which information is given in the Official Statement up to and including the Closing Date, the Issuer has not incurred and will not incur any material liabilities, direct or contingent, secured in whole or in part by all or any portion of the Trust Estate, except as contemplated by the Official Statement or as approved by the Representative;

Appears in 6 contracts

Samples: Purchase Agreement, Purchase Agreement, Bond Purchase Agreement

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Prohibition on Other Obligations. Between the date of this Purchase Agreement and the Closing, the Issuer will not, without the prior written consent of the RepresentativeUnderwriter, issue any bonds, notes or other obligations for borrowed money secured in whole or in part by all or any portion of the Trust Estate, and, subsequent to the respective dates as of which information is given in the Official Statement up to and including the Closing Date, the Issuer has not incurred and will not incur any material liabilities, direct or contingent, secured in whole or in part by all or any portion of the Trust Estate, except as contemplated by the Official Statement or as approved by the RepresentativeUnderwriter;

Appears in 1 contract

Samples: Bond Purchase Agreement

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Prohibition on Other Obligations. Between the date of this Purchase Agreement and the Closing, the Issuer will not, without the prior written consent of the Representative, issue any bonds, notes or other obligations for borrowed money secured in whole or in part by all or any portion of the Trust Estate, and, subsequent to the respective dates as of which information is given in the Official Statement up to and including the Closing Date, the Issuer has not incurred and will not incur any material liabilities, direct or contingent, secured in whole or in part by all or any portion of the Trust Estate, except as contemplated by the Official Statement or as approved by the Representative;

Appears in 1 contract

Samples: tdhca.state.tx.us

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