Sale of District Bonds Sample Clauses

Sale of District Bonds. The Board of Supervisors has authorized the sale of the 2023 Series A Bonds in accordance with the terms and conditions of Resolution No. 23- (the “2023 Series A Bonds Resolution”) and the Bond Indenture, dated as of November 1, 2023 (the “Bond Indenture”), by and between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”). The 2023 Series A Bonds are being issued concurrently with, or shortly after, the execution and delivery of this Agreement in the principal amount of $ . The Bond Indenture provides for the issuance of Parity Bonds (as defined therein) secured on a parity with the 2023 Series A Bonds (together with any Parity Bonds, the “Bonds”) to refund the 2023 Series A Bonds and any series of Parity Bonds in whole or in part. The District may issue Parity Bonds at any time without the consent of the Company solely for the purpose of refunding all or a portion of the 2023 Series A Bonds or any series of Parity Bonds outstanding under the Bond Indenture. The District shall not issue Parity Bonds for any other purpose without the prior written consent of the Company. Nothing contained herein shall be construed as requiring the District to issue any Parity Bonds or to levy any special tax in accordance with the Act, nor shall anything herein be construed as affecting the Company’s duty to perform its obligations under other agreements, including, but not limited to, the Development Agreement, land use regulations or subdivision requirements relating to the land within the District and the Facilities, which obligations are and shall remain independent of the Company’s rights and obligations under this Agreement.
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Sale of District Bonds. The Board of Supervisors has authorized the sale of the Series A of 2016 Bonds in accordance with the terms and conditions of Resolution No. 16- (the “Series A of 2016 Bonds Resolution”) and the Bond Indenture, dated as of November 1, 2016, by and between the District and U.S. Bank National Association, as trustee (the “Trustee”). The sale of Series A of 2016 Bonds shall occur subject to acceptance by the District of a Bond Purchase Contract with the underwriters for the Series A of 2016 Bonds. The amount and timing of the sale of the Series A of 2016 Bonds shall be in all respects subject to the sole discretion and approval of the District. The Bond Indenture provides for the issuance of Parity Bonds (as defined therein) secured on a parity with the Series A of 2016 Bonds for the purpose of financing additional costs of the Facilities and to refund the Series A of 2016 Bonds and any series of Parity Bonds in part. Upon request of the Company to the District to issue Parity Bonds for the purpose of financing a portion of the costs of the Facilities, the District will evaluate the request. In the event that the District determines to proceed with the issuance of Parity Bonds, it shall so advise the Company. The amount and timing of the sale of Parity Bonds following a request of the Company shall be in all respects subject to the sole discretion and approval of the District. Notwithstanding the foregoing, the District may issue Parity Bonds at any time solely for the purpose of refunding all or a portion of any series of Bonds outstanding under the Bond Indenture, but the District shall not issue Parity Bonds for any other purpose without the prior written consent of the Company. The Series A of 2016 Bonds and any Parity Bonds issued for the purpose of financing a portion of the costs of the Facilities are collectively referred to herein as the “Bonds.” Nothing contained herein shall be construed as requiring the District to issue the Series A of 2016 Bonds or any Parity Bonds or to levy any special tax in accordance with the Act, nor shall anything herein be construed as affecting the Company’s duty to perform its obligations under other agreements, including, but not limited to, the Development Agreement, land use regulations or subdivision requirements relating to the land within the District and the Facilities, which obligations are and shall remain independent of the Company’s rights and obligations under this Agreement.
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Related to Sale of District Bonds

  • Use of District Facilities 3.4.1 The Association, upon request to the School Director, may use District facilities for meetings and other Association business without cost where no additional cost is incurred by the District. If additional cost is incurred by the District, such cost will be borne by the Association.

  • RESPONSIBILITIES OF DISTRICT It shall be the duty of District to:

  • PLAN OF DISTRIBUTION Except as set forth below, the undersigned Selling Securityholder intends to distribute the Registrable Securities listed above in Item (3) only as follows (if at all): Such Registrable Securities may be sold from time to time directly by the undersigned Selling Securityholder or, alternatively, through underwriters, broker-dealers or agents. Such Registrable Securities may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of sale, at varying prices determined at the time of sale, or at negotiated prices. Such sales may be effected in transactions (which may involve crosses or block transactions) (i) on any national securities exchange or quotation service on which the Registered Securities may be listed or quoted at the time of sale, (ii) in the over-the-counter market, (iii) in transactions otherwise than on such exchanges or services or in the over-the-counter market, or (iv) through the writing of options. In connection with sales of the Registrable Securities or otherwise, the Selling Securityholder may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the Registrable Securities in the course of hedging the positions they assume. The Selling Securityholder may also sell Registrable Securities short and deliver Registrable Securities to close out such short positions, or loan or pledge Registrable Securities to broker-dealers that in turn may sell such securities. State any exceptions here: By signing below, the Selling Securityholder acknowledges that it understands its obligation to comply, and agrees that it will comply, with the provisions of the Exchange Act and the rules and regulations thereunder, particularly Regulation M. In the event that the Selling Securityholder transfers all or any portion of the Registrable Securities listed in Item (3) above after the date on which such information is provided to the Company, the Selling Securityholder agrees to notify the transferee(s) at the time of the transfer of its rights and obligations under this Notice and Questionnaire and the Exchange and Registration Rights Agreement. By signing below, the Selling Securityholder consents to the disclosure of the information contained herein in its answers to Items (1) through (6) above and the inclusion of such information in the Shelf Registration Statement and related Prospectus. The Selling Securityholder understands that such information will be relied upon by the Company in connection with the preparation of the Shelf Registration Statement and related Prospectus. In accordance with the Selling Securityholder's obligation under Section 3(d) of the Exchange and Registration Rights Agreement to provide such information as may be required by law for inclusion in the Shelf Registration Statement, the Selling Securityholder agrees to promptly notify the Company of any inaccuracies or changes in the information provided herein which may occur subsequent to the date hereof at any time while the Shelf Registration Statement remains in effect. All notices hereunder and pursuant to the Exchange and Registration Rights Agreement shall be made in writing, by hand-delivery, first-class mail, or air courier guaranteeing overnight delivery as follows:

  • WITHDRAWAL OF SALE AND RESALE 7.1 The Bank at its absolute discretion through the Auctioneer reserves the right to suspend, withdraw, postpone and/or call off the Auction Sale of the Property for any reason whatsoever at any time before the fall of the hammer.

  • PROCLAMATION OF SALE, CONDITIONS OF SALE AND MEMORANDUM OF SALE All contents in the Proclamation of Sale and this Conditions of Sale are to be read together and shall be part of the Memorandum of Sale.

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