Common use of Public Debt Clause in Contracts

Public Debt. Prior to the Closing, the City will not offer or issue any bonds, notes or other obligations for borrowed money or incur any material liabilities, direct or contingent, payable from or secured by a pledge of the Assessments which secure the Bonds without the prior approval of the Underwriter.

Appears in 4 contracts

Samples: Bond Purchase Agreement, Bond Purchase Agreement, Bond Purchase Agreement

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Public Debt. Prior to the Closing, the City will not offer or issue any bonds, notes or other obligations for borrowed money or incur any material liabilities, direct or contingent, payable from or secured by a pledge of the Major Improvement Area Assessments which secure the Bonds without the prior approval of the Underwriter.

Appears in 1 contract

Samples: Bond Purchase Agreement

Public Debt. Prior to the Closing, the City will not offer or issue any bonds, notes or other obligations for borrowed money or incur any material liabilities, direct or contingent, payable from or secured by a pledge of the Assessments which secure the Bonds without the prior approval of the Underwriter.. DRAFT

Appears in 1 contract

Samples: Bond Purchase Agreement

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Public Debt. Prior to the Closing, the City will not offer or issue any bonds, notes or other obligations for borrowed money or incur any material liabilities, direct or contingent, payable from or secured by a pledge of the Bond Assessments which secure the Bonds without the prior approval of the Underwriter.. DRAFT

Appears in 1 contract

Samples: Bond Purchase Agreement

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