Additional Revenue Bonds definition
Examples of Additional Revenue Bonds in a sentence
Any such surpluses including available investment earnings and gains associated with such surpluses shall be used to purchase, pay or redeem any Airport Revenue Bonds or Additional Revenue Bonds including the expenses in connection with such purchase, payment or redemption unless County and MII shall agree otherwise.
The City may issue Additional Revenue Bonds and incur Subordinated Indebtedness to refund outstanding Revenue Bonds or Subordinated Indebtedness.
Expansion of the Airport System for the increased requirements of any Signatory Airline(s) provided such Signatory Airline(s) agrees in writing to increased rentals, fees and charges sufficient to cover the payment of debt service if financed with Additional Revenue Bonds, or an equivalent amount if financed from the Improvements Account or General Purposes Account to finance its exclusive facilities portions of the expansion project.
The City may issue Additional Revenue Bonds and incur Subordinated Indebtedness to fund any of the capital improvements that have not been disapproved by vote of a Majority In Interest given as provided in Section 8.07.
The debt service, debt service reserve and other payment requirements of any such Additional Revenue Bonds, Subordinated Indebtedness, Credit Support Instruments and Hedge Agreements shall be considered in any subsequent adjustment of Rentals or Landing Fees hereunder.