Examples of Additional Bonds in a sentence
The Issuer and the Institution recognize that under the provisions of and subject to the conditions set forth in the Indenture, the Issuer is authorized to enter into a Supplemental Indenture and issue one or more series of Additional Bonds on a parity with the Initial Bonds for the purposes set forth in the Indenture.
Promissory Notes shall mean, with respect to the Initial Bonds, those two (2) certain Promissory Notes in substantially the form of Exhibit D to this Agreement, and, with respect to any Series of Additional Bonds, those certain Promissory Notes in substantially the form of any related Exhibit to an amendment to this Agreement, and shall include in each case any and all amendments thereof and supplements thereto made in conformity with this Agreement and the Indenture.
If a Series of Additional Bonds is to be issued pursuant to the Indenture, the Issuer and the Institution shall enter into an amendment to this Agreement, and the Institution shall execute and deliver a new Promissory Note, in each case providing, among other things, for the payment by the Institution of such additional loan payments as are necessary in order to amortize in full the principal of and interest on such Series of Additional Bonds and any other costs in connection therewith.
In addition to the definitions set forth in the Indenture, as defined herein, and in Section 8.1(a) of this Agreement, the following capitalized terms shall have the respective meanings in this Agreement: Additional Bonds shall mean one or more Series of additional bonds issued, executed, authenticated and delivered under the Indenture.
If the Institution is not in default hereunder or under any other Project Document, the Issuer will consider the issuance of a Series of Additional Bonds in a principal amount as is specified in a written request in accordance with the applicable provisions set forth in the Indenture.