Examples of Additional Bond in a sentence
The Note shall have been duly authenticated by the Trustee as an Additional Bond secured under the Bond Resolution.
In that case, upon demand of the Owner of any Bond or Additional Bond Outstanding at such effective date and presentation of his Bond or Additional Bond for that purpose at the Corporate Trust Office of the Fiscal Agent or at such other office as the District may select and designate for that purpose, a suitable notation shall be made on such Bond or Additional Bond.
The District shall not be bound to recognize any person as the Owner of a Bond or Additional Bond unless and until such Bond or Additional Bond is submitted for inspection, if required, and his title thereto satisfactorily established, if disputed.
Any request, declaration or other instrument or writing of the Owner of any Bond shall bind all future Owners of such Bond or Additional Bond in respect of anything done or suffered to be done by the District or the Fiscal Agent in good faith and in accordance therewith.
The form of the Additional Bond, including the form of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be endorsed on the Additional Bond, shall be established as provided in the respective Supplements authorizing its issuance or the proceedings approved by the Authority in connection therewith.
The Authority may, however, in its discretion, provide Additional Bond Security, but shall have no obligation to provide such additional security or credit enhancement to other bonds, except that no Additional Bond Security shall be provided unless there shall have been first delivered to the Trustee an opinion of Bond Counsel that the exclusion from gross income of interest on any bonds for federal income tax purposes will not be adversely affected thereby.
So long as Buyer owns an interest in the Property, Buyer shall maintain the Replacement Additional Bond in full force and effect, at Buyer’s sole cost and expense, until the Property has been finally and permanently plugged, abandoned, and restored, all in accordance with applicable Law.
From and after the Closing, Buyer agrees to cooperate in Seller’s efforts to have COP release the Seller Additional Bond.
The amount of the Replacement Additional Bond to be delivered to Seller at Closing under this Section 7.3 shall be no greater than NINE MILLION NINE HUNDRED NINETEEN THOUSAND DOLLARS ($9,919,000).
The Series 2019A Bond is being issued as an Additional Bond under and pursuant to the Covenant Ordinance.