Examples of Authority Indenture in a sentence
The District further covenants that it will instruct the City Treasurer to transfer Net Taxes held in Special Tax Fund A to the Authority Trustee for deposit to the Repayment Fund to satisfy the provisions of Section 3.4 above and such Net Taxes shall be disbursed, allocated and applied solely to the uses and purposes set forth herein and in accordance with the Authority Indenture, and shall be accounted for separately and apart from all other money, funds, accounts or other resources of the District.
The Authority further instructs the Escrow Agent to mail, first class, postage prepaid, by not later than 30 days prior to the Redemption Date a notice in substantially the form attached hereto as Exhibit C of redemption with respect to the Refunded Authority Bonds maturing on and after [September 1, 2022] in accordance with the procedures set forth in Section [4.03] of the Authority Indenture.
The Parties acknowledge that proceeds of the Authority Bonds and Net Proceeds on deposit from time to time in the Construction Fund and the Insurance and Condemnation Fund will be invested in Permitted Investments pursuant to, and as defined in, the Authority Indenture.
In the event that the Authority Trustee is removed or replaced under the Authority Indenture, the successor thereto shall automatically assume all rights and obligations of the Authority Trustee hereunder.
The Authority further instructs the Escrow Agent to mail, first class, postage prepaid, by not later than 30 days prior to the Redemption Date a notice in substantially the form attached hereto as Exhibit C of redemption with respect to the Refunded Authority Bonds maturing on and after September 1, 2022 in accordance with the procedures set forth in Section of the Authority Indenture.