Examples of Bond Credit Facility in a sentence
Neither such Bond Credit Facility nor any money drawn or paid under it will secure the payment of any other Series of Bonds.
Any Bond Credit Facility which is given to secure some, but not all, of the Bonds, together with money drawn or paid under it, shall be held by the Trustee solely as security for the Bonds of the Series to which such Bond Credit Facility is Related.
The Trustee shall hold any Bond Credit Facility that is given to secure some, but not all, of the Bonds, together with money drawn or paid under it, solely as security for the Bonds of the Series to which such Bond Credit Facility is Related.
NVTC may make such covenants as it may in its sole discretion determine to be appropriate with any Bond Credit Provider or DSRF Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility or a DSRF Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds or substitute for amounts in the Related Debt Service Reserve Fund.
HRTAC may make such covenants as it may in its sole discretion determine to be appropriate with any Bond Credit Provider or DSRF Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility or a DSRF Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds or substitute for amounts in the Related Debt Service Reserve Fund.
The status of the Bond Credit Facility as a Bond or a Subordinate Obligation or otherwise will be provided for in the Related Series Supplement.
The Transportation Board may make such covenants as it may, in its sole discretion determine to be appropriate, with any Bond Credit Provider that shall agree to provide for Bonds of any one or more Series a Bond Credit Facility that shall enhance the security or the value of such Bonds and thereby reduce the Principal and Interest Requirements on such Bonds.
The implementation modalities of such audit will be defined with technical environmental guidelines”.
Bonds that are issued and Outstanding under this Master Resolution shall be payable from, and secured by a lien upon the System Pledged Revenues in the manner and to the extent set forth herein; provided, however, that in addition to the security provided herein, a Series of Bonds may be further secured by a Bond Credit Facility or by an additional payment source (including without limitation, Inter-Governmental Agreement Payments) that may be identified in a Supplemental Resolution.
For purposes of this Section 8.02, to the extent any Series of Bonds, or any portion thereof, is secured by a Bond Credit Facility the issuer of which is not then in default thereunder, then such issuer shall be deemed to be the Holder of such Series or any portion thereof.