Purpose of the Bonds Sample Clauses

Purpose of the Bonds. The proceeds of the Bonds will be loaned by the Issuer to the Borrower and used by the Borrower to (i) pay or reimburse the Borrower for payment of the cost of acquiring, constructing and equipping the soy methyl ester processing facility (the “Project”), and (ii) pay certain expenses incurred in connection with the issuance of the Bonds. Such loan will be made to the Borrower pursuant to a Loan Agreement dated as of November 1, 2001 (the “Loan Agreement”) between the Borrower and the Issuer. A breakdown of sources and uses of funds is attached hereto as Exhibit A.
Sample 1
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Purpose of the Bonds. The Bonds are being issued for the purpose of providing funds to finance the improvement of the City’s levee system. This Purchase Contract and the Continuing Disclosure Certificate are sometimes referred to in this Purchase Contract as the “City Documents.”
Sample 1
Purpose of the Bonds. 5.12.1 The purpose for which the proceeds of the Bonds are to be utilized shall be specified in the Final Terms and the relevant Series Trust Deed. 5.12.2 As specified in Clause 15 (Powers, Duties, and Indemnities of the Trustee), the Trustee shall undertake a periodic inquiry into the progress of Approved Projects for as long as any portion of the Aggregate Principal Amount remains outstanding. 5.12.3 Notwithstanding the provisions of 5.12.2, for the avoidance of doubt, the Trustee is not responsible for the allocation and application of Subscription Amounts to the Approved Projects.
Sample 1
Purpose of the Bonds. The Series 2013 Bonds are being issued to (i) provide funds to currently prepay and defease the Authority’s Variable Rate Revenue Refunding Bonds, 2000 Series A (Public Facilities Project) (the “Series 2000 Bonds”) currently outstanding in the amount of $12,565,000,
Sample 1
Purpose of the Bonds. The Bonds are being issued to finance the Project in a prudent manner consistent with the needs of the Company. Sale Proceeds of the Bonds will be provided to the Company pursuant to the Loan Agreement. A breakdown of the sources and uses of funds is attached as Exhibit A.
Sample 1
Purpose of the Bonds. The proceeds of the Bonds will be loaned by the Issuer to the Borrower and used by the Borrower to (i) pay or reimburse the Borrower for payment of the cost of acquiring, constructing and equipping certain solid waste disposal components of its ethanol refining facility (the “Project”), and (ii) pay certain expenses incurred in connection with the issuance of the Bonds. Such loan will be made to the Borrower pursuant to a Loan Agreement dated as of October 1, 2006 (the “Loan Agreement”) between the Borrower and the Issuer. A breakdown of sources and uses of funds is attached hereto as Exhibit A.
Sample 1

Related to Purpose of the Bonds

  • Purpose of the Loan The purpose of the Loan is to provide financing for the Borrower’s activities and investments.

  • PURPOSE OF THE TRUST The purpose of the Trust shall be to (a) manage, conduct, operate and carry on the business of an investment company; (b) subscribe for, invest in, reinvest in, purchase or otherwise acquire, hold, pledge, sell, assign, transfer, exchange, distribute or otherwise deal in or dispose of any and all sorts of property, tangible or intangible, including but not limited to Securities of any type whatsoever, whether equity or nonequity, of any issuer, evidences of indebtedness of any person and any other rights, interest, instruments or property of any sort to exercise any and all rights, powers and privileges of ownership or interest in respect of any and all such investment of every kind and description, including without limitation, the right to consent and otherwise act with respect thereto, with power to designate one or more Persons to exercise any of said rights, powers and privileges in respect of any of said investments. The Trustees shall not be limited by any law limiting the investments which may be made by fiduciaries.

  • Purpose of Trust The purpose of the Trust is to conduct, operate and carry on the business of a management investment company registered under the 1940 Act through one or more Series investing primarily in securities.

  • PURPOSE OF THE AGREEMENT ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).

  • Purpose of the Plan The Plan is intended to advance the best interests of the Company, its Affiliates and its stockholders by providing those persons who have substantial responsibility for the management and growth of the Company and its Affiliates with additional performance incentives and an opportunity to obtain or increase their proprietary interest in the Company, thereby encouraging them to continue in their employment or affiliation with the Company or its Affiliates.

  • Purpose of Loans The proceeds of the Loans shall be used to finance the working capital and general corporate needs of the Borrower and its Subsidiaries, including but not limited to acquisitions.

  • Purpose of Loan The Borrower undertakes with each Creditor Party to use the Loan only for the purpose stated in the preamble to this Agreement.

  • Purpose of Contract The purpose of this contract is to provide services in accordance with the terms and conditions specified in this contract including all attachments, forms, and exhibits which constitute the contract document.

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • PURPOSE OF THE CONTRACT DSHS agrees to purchase, and Contractor agrees to provide, services or goods to the eligible populations.

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