Common use of PURCHASE, SALE AND DELIVERY OF THE SERIES 2024 BONDS Clause in Contracts

PURCHASE, SALE AND DELIVERY OF THE SERIES 2024 BONDS. (A) On the basis of the representations, warranties and agreements herein contained, and subject to the satisfaction of the terms and conditions herein set forth, at the closing time stated below (the “Closing Time”), the Issuer agrees to sell to the Company, and the Company agrees to purchase from the Issuer the Series 2024 Bonds at a purchase price equal to the aggregate principal amount of the Series 2024 Bonds funded in accordance with this Agreement up to a maximum principal amount of $1,400,000. The Series 2024 Bonds shall mature, shall bear interest at the rate, shall be subject to redemption and shall have the terms established by the Ordinance, the Indenture and the Lease authorized thereby. Payment for the Series 2024 Bonds shall be made as provided in the Ordinance, the Indenture and the Lease, payable to the order of the Issuer, or in such other manner as provided by the Trustee. Upon receipt of the initial funding of the purchase price of the Series 2024 Bonds in an amount not less than $100,000, the Series 2024 Bonds, executed by the Issuer, and authenticated by the Trustee, will be delivered to the Company at the Closing Time, at the offices of Xxxxx Xxxx LLP (“Bond Counsel”), Kansas City, Missouri, or at such place or address as may be agreed to by the Company and the Issuer. The Closing Time shall be 9:00 a.m. on the Effective Date or such other time as may be agreed to by the Company and the Issuer. (B) Subject to the conditions of this Section 3(B) and the further terms and conditions of this Agreement, the Company shall fund the purchase of the Series 2024 Bonds in increments as provided in Section 208(a) of the Indenture and in Section 4.2 of the Lease, up to the maximum principal amount of the Series 2024 Bonds, as provided in the Indenture. The funding of the initial payment for the Series 2024 Bonds and all subsequent advances shall be made as provided in the Ordinance, the Indenture and the Lease, to the order of the Trustee, for the account of the Issuer, or in such other manner as provided by the Trustee. After the initial funding of the purchase price at closing, each subsequent advance shall be subject to the following conditions:

PURCHASE, SALE AND DELIVERY OF THE SERIES 2024 BONDS. (A) On the basis of the representations, warranties and agreements herein contained, and subject to the satisfaction of the terms and conditions herein set forth, at the closing time stated below (the “Closing Time”), the Issuer agrees to sell to the Company, and the Company agrees to purchase from the Issuer the Series 2024 Bonds at a purchase price equal to the aggregate principal amount of the Series 2024 Bonds funded in accordance with this Agreement up to a maximum principal amount of $1,400,000800,000. The Series 2024 Bonds shall mature, shall bear interest at the rate, shall be subject to redemption and shall have the terms established by the Ordinance, the Indenture and the Lease authorized thereby. Payment for the Series 2024 Bonds shall be made as provided in the Ordinance, the Indenture and the Lease, payable to the order of the Issuer, or in such other manner as provided by the Trustee. Upon receipt of the initial funding of the purchase price of the Series 2024 Bonds in an amount not less than $100,000, the Series 2024 Bonds, executed by the Issuer, and authenticated by the Trustee, will be delivered to the Company at the Closing Time, at the offices of Xxxxx Xxxx LLP (“Bond Counsel”), Kansas City, Missouri, or at such place or address as may be agreed to by the Company and the Issuer. The Closing Time shall be 9:00 a.m. on the Effective Date or such other time as may be agreed to by the Company and the Issuer. (B) Subject to the conditions of this Section 3(B) and the further terms and conditions of this Agreement, the Company shall fund the purchase of the Series 2024 Bonds in increments as provided in Section 208(a) of the Indenture and in Section 4.2 of the Lease, up to the maximum principal amount of the Series 2024 Bonds, as provided in the Indenture. The funding of the initial payment for the Series 2024 Bonds and all subsequent advances shall be made as provided in the Ordinance, the Indenture and the Lease, to the order of the Trustee, for the account of the Issuer, or in such other manner as provided by the Trustee. After the initial funding of the purchase price at closing, each subsequent advance shall be subject to the following conditions:

PURCHASE, SALE AND DELIVERY OF THE SERIES 2024 BONDS. (A) On the basis of the representations, warranties and agreements herein contained, and subject to the satisfaction of the terms and conditions herein set forth, at the closing time stated below (the “Closing Time”), the Issuer agrees to sell to the CompanyPurchaser, and the Company Purchaser agrees to purchase from the Issuer the Series 2024 Bonds at a purchase price equal to the aggregate principal amount of the Series 2024 Bonds funded in accordance with this Agreement up to a maximum principal amount of $1,400,0006,800,000. The Series 2024 Bonds shall mature, shall bear interest at the rate, shall be subject to redemption and shall have the terms established by the Ordinance, the Indenture and the Lease authorized thereby. Payment for the Series 2024 Bonds shall be made as provided in the Ordinance, the Indenture and the Lease, payable to the order of the Issuer, or in such other manner as provided by the Trustee. Upon receipt of the initial funding of the purchase price of the Series 2024 Bonds in an amount not less than $100,000, the Series 2024 Bonds, executed by the Issuer, and authenticated by the Trustee, will be delivered to the Company Purchaser at the Closing Time, at the offices of Xxxxx Xxxx LLP (“Bond Counsel”), Kansas City, Missouri, or at such place or address as may be agreed to by the Company Purchaser and the Issuer. The Closing Time shall be 9:00 a.m. on the Effective Date or such other time as may be agreed to by the Company Purchaser and the Issuer. (B) Subject to the conditions of this Section 3(B4(B) and the further terms and conditions of this Agreement, the Company Purchaser shall fund the purchase of the Series 2024 Bonds in increments as provided in Section 208(a) of the Indenture and in Section 4.2 of the Lease, up to the maximum principal amount of the Series 2024 Bonds, as provided in the Indenture. The funding of the initial payment for the Series 2024 Bonds and all subsequent advances shall be made as provided in the Ordinance, the Indenture and the Lease, Lease to the order of the Trustee, for the account of the Issuer, or in such other manner as provided by the Trustee. After the initial funding of the purchase price at closing, each subsequent advance shall be subject to the following conditions:

PURCHASE, SALE AND DELIVERY OF THE SERIES 2024 BONDS. (A) On the basis of the representations, warranties and agreements herein contained, and subject to the satisfaction of the terms and conditions herein set forth, at the closing time stated below (the “Closing Time”), the Issuer agrees to sell to the Company, and the Company agrees to purchase from the Issuer the Series 2024 Bonds at a purchase price equal to the aggregate principal amount of the Series 2024 Bonds funded in accordance with this Agreement up to a maximum principal amount of $1,400,00017,000,000. The Series 2024 Bonds shall mature, shall bear interest at the rate, shall be subject to redemption and shall have the terms established by the Ordinance, the Indenture and the Lease authorized thereby. Payment for the Series 2024 Bonds shall be made as provided in the Ordinance, the Indenture and the Lease, payable to the order of the Issuer, or in such other manner as provided by the Trustee. Upon receipt of the initial funding of the purchase price of the Series 2024 Bonds in an amount not less than $100,000, the Series 2024 Bonds, executed by the Issuer, and authenticated by the Trustee, will be delivered to the Company at the Closing Time, at the offices of Xxxxx Xxxx LLP (“Bond Counsel”), Kansas City, Missouri, or at such place or address as may be agreed to by the Company and the Issuer. The Closing Time shall be 9:00 a.m. on the Effective Date or such other time as may be agreed to by the Company and the Issuer. (B) Subject to the conditions of this Section 3(B) and the further terms and conditions of this Agreement, the Company shall fund the purchase of the Series 2024 Bonds in increments as provided in Section 208(a) of the Indenture and in Section 4.2 of the Lease, up to the maximum principal amount of the Series 2024 Bonds, as provided in the Indenture. The funding of the initial payment for the Series 2024 Bonds and all subsequent advances shall be made as provided in the Ordinance, the Indenture and the Lease, to the order of the Trustee, for the account of the Issuer, or in such other manner as provided by the Trustee. After the initial funding of the purchase price at closing, each subsequent advance shall be subject to the following conditions: