District Note definition

District Note means the note issued by the District under this Resolution to evidence the obligation of the District to repay the Loans, which note shall not exceed the Maximum Principal Amount. References herein to the District Note shall include the Defaulted Note unless the context expressly or by necessary implication indicates otherwise.
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District Note means any Note registered in the name of the District or any beneficial ownership interest in the Notes held by the District.
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District Note refers to the District Notes individually.
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Examples of District Note in a sentence

  • Notwithstanding any other provision hereof, the District shall not issue notes or other obligations for cash flow purposes that are payable from the Taxes or Default Taxes or that are secured by a lien on the Taxes or Default Taxes that is superior to or on a parity with the lien of the District Note.

  • The form of the District Note shall be substantially as set forth in Exhibit A to this Resolution, which is incorporated herein for all purposes, and the blanks in such form shall be filled in with appropriate amounts and information.

  • The Principal Amount of the District Note may be prepaid in whole or in part at any time prior to the Maturity Date.

  • The County covenants that all Pledged Revenues transferred pursuant to the schedule set forth in this Section will be held in trust in the respective Repayment Funds and will be applied only for the purposes for which such Repayment Funds were created and as directed in the District Note Resolutions for the benefit of Registered Owners of the Certificates.

  • As security for the Notes, each Participant has individually pledged certain of its unrestricted revenues received in the amounts and as of the dates provided in the respective District Note Resolution, plus in the month during which the final payment of Pledged Revenues is to occur, an amount sufficient to pay interest on such Note.

  • Any provision of this Agreement which requires the County to pay money (including, without limitation, Sections 2.2, 3.1 and 5.7) shall be satisfied only from funds received by the County from the Participants pursuant to the District Note Resolutions, and in no event shall the County be obligated to make any expenditure required by this Agreement from its own funds.

  • Nothing in this Resolution, expressed or implied, is intended to or shall be construed to confer upon or to give to any person or party, other than the State Treasurer as the sole owner of the District Note any rights, remedies or claims under or by reason of this Resolution or any covenant, condition or stipulation hereof; and all covenants, stipulations, promises and agreements in this Resolution shall be for the sole and exclusive benefit of such parties as third party beneficiaries.

  • Nothing in this Resolution, expressed or implied, is intended to or shall be construed to confer upon or to give to any person or party, other than the State Treasurer as the sole owner of the District Note, any rights, remedies or claims under or by reason of this Resolution or any covenant, condition or stipulation hereof, and all covenants, stipulations, promises and agreements in this Resolution shall be for the sole and exclusive benefit of the State Treasurer.

  • Unlike the other multi-year agreement with the Authority, this commitment is considered debt for the District (Note 8).

  • Meet basic position requirements AND Possess two (2) craft-related licenses or certificates issued by an authorized issuing agent approved by the District (Note: Operations Personnel max out at Grade 06), OR Complete a minimum of one thousand (1,000) hours of approved craft-related training.

Related to District Note

  • District shall hereafter refer to districts that have signed the Agreement for the 2022-23 Program year and agree to be financially responsible as a Cooperative member for the Program costs.

  • Southern means The Southern Company, its successors and assigns.

  • Registered Security means any Security registered in the Security Register.

  • sitting means, in relation to a House, a period during which that House is sitting continuously without adjournment, and includes any period during which the House is in committee;

  • Debt Security or "Debt Securities" has the meaning stated in the first recital of this Indenture.

  • District administrator means the department employee assigned the overall supervision of the departmental operations in one of the Commonwealth's construction districts.