Common use of Revenue Bond Payments Clause in Contracts

Revenue Bond Payments. The revenue stream pledged to the Revenue Bonds may in no way be used for any purpose other than to make payment on the indebtedness associated with those bonds. Such revenues are not in any way considered revenues to the Agencies, and may not be used for any other purpose unless and until such Revenue Bonds are defeased or repaid in full.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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Revenue Bond Payments. The revenue stream pledged to the Revenue Bonds may in no way be used for any purpose other than to make payment on the indebtedness associated with those bonds. Such revenues are not in any way considered revenues to the Agencies, Members and may not be used for any other purpose unless and until such Revenue Bonds are defeased or repaid in full.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

Revenue Bond Payments. The revenue stream pledged to the Revenue Bonds may in no way be used for any purpose other than to make payment on the indebtedness associated with those bonds. Such revenues are not in any way considered revenues to the Agencies, and may not be used for any other purpose unless and until such Revenue Bonds are defeased or repaid in full.with

Appears in 1 contract

Samples: Joint Exercise of Powers Agreement

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Revenue Bond Payments. The revenue stream pledged to the Revenue Bonds may in no way be used for any purpose other than to make payment on the indebtedness associated with those bonds. Such revenues are not in any way considered revenues to the Agencies, Agencies Members and may not be used for any other purpose unless and until such Revenue Bonds are defeased or repaid in full.

Appears in 1 contract

Samples: Joint Exercise of Powers Agreement

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