Additional Parity Bonds definition

Additional Parity Bonds means any pari passu additional bonds which may hereafter be issued pursuant to Section 9.1 hereof on a parity with the Bonds and the Outstanding Parity Bonds.

Additional Parity Bonds means any additional pari passu bonds which may hereafter be issued, pursuant to Section 9 hereof, on a parity with the Bonds.

Additional Parity Bonds means any pari passu additional bonds that may hereafter be issued pursuant to Section 20 hereof on a parity with the Bonds.

Examples of Additional Parity Bonds in a sentence

• The Refunding Bonds herein authorized shall for all purposes (except as herein expressly changed) be considered to be Additional Parity Bonds issued under the authority of the Master Resolution and shall be entitled to all the protection and security provided therein for the Parity Bonds.

• It shall be specifically understood and agreed, however, that after the funds have actually been set aside out of the revenues of the Tax for any year sufficient to pay the principal and interest on the Bonds, the Outstanding Parity Bonds and any Additional Parity Bonds, then any annual revenues of the Tax remaining in that year shall be free for expenditure by the Issuer.

• Additional Parity Bonds may be issued for the purpose of completing the Project and for the purpose of financing costs of the Project which are ineligible for payment under the State of Wisconsin Clean Water Fund Program.

• Prior to said transfer, all investments held in the Reserve Fund shall be liquidated to the extent necessary in order to provide for the timely payment of principal and interest (or redemption premium) on the Bonds, the Outstanding Parity Bonds and any Additional Parity Bonds.

• The Reserve Fund Alternative Investment shall be payable (upon the giving of notice as required thereunder) on any due date on which moneys will be required to be withdrawn from the Reserve Fund and applied to the payment of principal of or interest on any Bonds, Outstanding Parity Bonds or Additional Parity Bonds, when such withdrawal cannot be met by amounts on deposit in the Sinking Fund or the Reserve Fund or provided from any other fund or account under this Bond Ordinance.

More Definitions of Additional Parity Bonds

Additional Parity Bonds means any issue of additional pari passu bonds hereafter issued by the Issuer pursuant to Section 16 and payable from revenues of the Tax on a parity with the Bonds.

Additional Parity Bonds means any bonds secured by the Net Revenues hereafter issued pursuant to the Bond Resolutions and standing on a parity and equality with the Loan with respect to the Lien on the Net Revenues.

Additional Parity Bonds means any pari passu indebtedness hereafter issued on a parity with the Bonds with respect to the Pledged Revenues in accordance with Article X hereto.

Additional Parity Bonds means any Securities issued after the issuance of the Bonds and payable from all or a portion of the Pledged Revenues and having a lien on the Pledged Revenues which is equal to or on a parity with the Bonds, but does not include any Credit Facility Obligations or Financial Products Agreements relating to any such Securities.

Additional Parity Bonds means any Parity Securities issued after the issuance of the Series 2013 Bonds.

Additional Parity Bonds means any pari passu additional obligations hereafter issued by the Issuer on a parity with the Bond, secured by or payable from the Net Revenues of the System.

Additional Parity Bonds means the additional parity bonds and obligations permitted to be issued or entered into under the provisions of this Ordinance and the ordinances authorizing the Outstanding Parity Bonds.