Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds: 1. Principal and interest payment delinquencies. 2. Non-payment related defaults, if material. 3. Unscheduled draws on debt service reserves reflecting financial difficulties. 4. Unscheduled draws on credit enhancements reflecting financial difficulties. 5. Substitution of credit or liquidity providers, or their failure to perform. 6. Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material. 7. Modifications to rights of Owners, if material. 8. Xxxx calls, if material, and tender offers.
Appears in 3 contracts
Samples: Continuing Disclosure Agreement, Continuing Disclosure Agreement, Continuing Disclosure Agreement
Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds:
(1. ) Principal and interest payment delinquencies.
(2. ) Non-payment related defaults, if material.
(3. ) Unscheduled draws on debt service reserves reflecting financial difficulties.
(4. ) Unscheduled draws on credit enhancements reflecting financial difficulties.
(5. ) Substitution of credit or liquidity providers, or their failure to perform.
(6. ) Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.
(7. ) Modifications to rights of Owners, if material.
8. (8) Xxxx calls, if material, and tender offers.
Appears in 2 contracts
Samples: Continuing Disclosure Agreement, Continuing Disclosure Agreement
Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds:
1. Principal and interest payment delinquencies.
2. Non-payment related defaults, if material.
3. Unscheduled draws on debt service reserves reflecting financial difficulties.. DRAFT
4. Unscheduled draws on credit enhancements reflecting financial difficulties.
5. Substitution of credit or liquidity providers, or their failure to perform.
6. Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.
7. Modifications to rights of Owners, if material.
8. Xxxx calls, if material, and tender offers.
Appears in 1 contract
Samples: Continuing Disclosure Agreement
Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds:
(1. ) Principal and interest payment delinquencies.
(2. Non-payment ) Nonpayment related defaults, if material.
(3. ) Unscheduled draws on debt service reserves reflecting financial difficulties.
(4. ) Unscheduled draws on credit enhancements reflecting financial difficulties.
(5. ) Substitution of credit or liquidity providers, or their failure to perform.
(6. ) Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.
(7. ) Modifications to rights of Owners, if material.
8. (8) Xxxx calls, if material, and tender offers.
Appears in 1 contract
Samples: Continuing Disclosure Agreement
Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds:
1. Principal and interest payment delinquencies.
2. Non-payment related defaults, if material.
3. Unscheduled draws on debt service reserves reflecting financial difficulties.
4. Unscheduled draws on credit enhancements reflecting financial difficulties.
5. Substitution of credit or liquidity providers, or their failure to perform.
6. Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.DRAFT
7. Modifications to rights of Owners, if material.
8. Xxxx calls, if material, and tender offers.
Appears in 1 contract
Samples: Continuing Disclosure Agreement
Reporting of Significant Events. (a) Pursuant to This Section 6 shall govern the provisions giving of this Section 5, each notices of the occurrence of any of the following is a Listed Event events with respect to the Bonds:
1. Principal and interest payment delinquencies.
2. Non-payment related defaults, if material.
3. Unscheduled draws on debt service reserves reflecting financial difficulties.
4. Unscheduled draws on credit enhancements reflecting financial difficulties.
5. Substitution of credit or liquidity providers, or their failure to perform.
6. Adverse tax opinions, the issuance by the IRS Internal Revenue Service of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) ), or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.;
7. Modifications to rights of OwnersBondholders, if material.
8. Xxxx Bond calls, if material, and tender offers.
Appears in 1 contract
Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, each of the following is a Listed Event with respect to the Bonds:
1. Principal and interest payment delinquencies.
2. Non-payment related defaults, if material.
3. Unscheduled draws on debt service reserves reflecting financial difficulties.
4. Unscheduled draws on credit enhancements reflecting financial difficulties.
5. Substitution of credit or liquidity providers, or their failure to perform.
6. Adverse tax opinions, the issuance by the IRS of proposed or final determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the Bonds, or other material events affecting the tax status of the Bonds. material.
7. Modifications to rights of Owners, if material.
8. Xxxx Bond calls, if material, and tender offers.
Appears in 1 contract
Samples: Continuing Disclosure Agreement
