Bond Trust Indenture definition
Examples of Bond Trust Indenture in a sentence
The Department and the Trustee entered into that certain Amended and Restated Single Family Mortgage Revenue Bond Trust Indenture dated as of June 1, 2017, amending and restating the Indenture (as amended and supplemented from time to time, the “Amended and Restated Single Family Indenture”), for the purpose of consolidating amendments previously made to the Indenture.
The Bonds shall be issued pursuant to a Bond Trust Indenture (the “Indenture”) to be entered into between the ELBRA and the trustee for the Bonds (the “Trustee”).
The Department and the Trustee entered into that certain Amended and Restated Residential Mortgage Revenue Bond Trust Indenture, dated as of July 1, 2019 (as amended and supplemented from time to time, the “Amended and Restated RMRB Indenture”), amending and restating the Indenture for the purpose of consolidating amendments previously made to the Indenture and making certain other changes to the Indenture.
This Bond is issued by the authority of and in full compliance with the provisions, restrictions and limitations of the Constitution and statutes of the State of Kansas, including particularly K.S.A. 12-1740 to 12-1749d, inclusive, et seq., as amended (the “Act”), and pursuant to proceedings duly had by the City and pursuant to the Bond Trust Indenture dated as of January 1, 2014 (the “Bond Indenture”), between the City and Commerce Bank, as Bond Trustee (the “Bond Trustee”).
The Qualified Issuer covenants and agrees that, at all times that Bonds are outstanding, it shall comply with its obligations under the Bond Trust Indenture, shall not encumber the Trust Estate except as provided in and under the Bond Trust Indenture, and shall enforce the Master Servicer/Trustee's covenants and agreements in the Bond Trust Indenture.