Examples of Bond Obligations in a sentence
All of the County’s obligations under this Article III shall survive the termination of this Agreement and the repayment, satisfaction or discharge of all other Bond Obligations.
As provided in the Ordinance, the principal of and interest on the Bonds and the Bond Obligations shall be payable solely from, and the Bonds shall be secured by a Lien on, the Revenue of the System.
Upon the occurrence and during the continuance of an Event of Default, the Bond Obligations shall bear interest at the Default Rate, which shall be payable by the County to each Bondholder (or, if applicable, the Purchaser) upon demand therefor.
The principal of and interest on the Bonds and the Bond Obligations constitute a limited obligation of the County.
The County shall take such action as necessary to cause payment of the Bonds and the other Bond Obligations, and shall take such further action as is appropriate in order to provide for payment of any and all of its obligations hereunder.