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.
District Note means any Note registered in the name of the District or any beneficial ownership interest in the Notes held by the District.
District Note refers to the District Notes individually.

Examples of District Note in a sentence

  • 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.

  • 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.

  • 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.

  • 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.

  • Each Note constitutes the general obligation of the Participant issuing the same and shall be payable from taxes, income, revenue, cash receipts and other moneys which are received by the respective Participant during, or are attributable to, Fiscal Year 2013-14, and which are lawfully available therefor, all as set forth in the respective District Note Resolution.

  • The Certificates may be executed and delivered hereunder in an aggregate principal amount not to exceed the aggregate principal amount of the Notes authorized by the Participants in the respective District Note Resolutions.

  • The Certificates may be executed and delivered hereunder in an aggregate principal amount not to exceed the aggregate principal amount of the Notes authorized by the Participants in the District Note Resolutions.

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  • Each Note constitutes the general obligation of the Participant issuing the same and shall be payable from taxes, income, revenue, cash receipts and other moneys which are received by the respective Participant during, or are attributable to, Fiscal Year 2012-13, and which are lawfully available therefor, all as set forth in the respective District Note Resolution.

  • The District Note Resolutions and the County Resolutions shall be referred to herein collectively as the “Resolutions.” The owner of this Certificate is entitled to receive, subject to the terms of the Resolutions, on the Maturity Date stated above, the Principal Amount specified above, representing a direct, undivided interest in the principal payments to be made by each Participant on its respective Note, together with interest thereon accrued at the Interest Rate stated above.