Common use of Source of Payment of Bonds Clause in Contracts

Source of Payment of Bonds. The Bonds authenticated and delivered hereunder are the obligations of the Issuer, and the Issuer shall make payments hereunder in respect of the principal of, redemption premium, if any, and interest on such Bonds. Such Bonds are not general obligations of the Issuer or the State of Arkansas or any county, municipality or political subdivision thereof, but are limited special obligations payable solely from revenues and proceeds derived from the Notes, the Agreement, the First Mortgage Bonds and as provided herein.

Source of Payment of Bonds. The Bonds authenticated and delivered hereunder are the obligations of the Issuer, and the Issuer shall make payments hereunder in respect of the principal of, redemption premium, if any, and interest on such Bonds. Such Bonds are not general obligations of the Issuer or the State of Arkansas Mississippi or any county, municipality or political subdivision thereof, but are limited special obligations payable solely from revenues and proceeds derived from the Notes, Notes and the Agreement, the First Mortgage Bonds Agreement and as provided herein.

Source of Payment of Bonds. The Bonds authenticated and delivered hereunder are the obligations of the Issuer, Issuer and the Issuer shall make payments hereunder in respect of the principal of, redemption of and premium, if any, and interest on such Bonds. Such Bonds are not general obligations of the Issuer or the State of Arkansas Mississippi or any county, municipality or political subdivision thereof, but are limited special obligations payable solely from revenues and proceeds derived from the Notes, the Agreement, Agreement and the First Mortgage Bonds and as provided herein.

Source of Payment of Bonds. The Bonds authenticated and delivered hereunder are the obligations of the Issuer, Issuer and the Issuer shall make payments hereunder in respect of the principal of, of and redemption premium, if any, and interest on such Bonds. Such Bonds are not general obligations of the Issuer or the State of Arkansas Mississippi or any county, municipality or political subdivision thereof, but are limited special obligations payable solely from revenues and proceeds derived from the Notes, Notes and the Agreement, the First Mortgage Bonds Agreement and as provided herein.