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.

  • 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.

  • 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.

  • 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).

  • The District hereby authorizes the issuance and delivery of the District Note to the State Treasurer, in the Maximum Principal Amount, for the purpose of enabling the payment of Fiscal Year 2019-20 expenses of the District when cash flow deficits occur.

Related to District Note

  • district heating or ‘district cooling’ means the distribution of thermal energy in the form of steam, hot water or chilled liquids, from a central source of production through a network to multiple buildings or sites, for the use of space or process heating or cooling;

  • District attorney means any of the following:

  • District Property means all property owned by the District including, but not limited to, the Amenity Center, common areas, parking lots and ponds.

  • District Data means information, including, but not limited to, Personally Identifiable Information, business, administrative and financial information, intellectual property information, and other information that is not intentionally made generally available by the District on public websites or publications, that is provided to Vendor by or at the direction of District in the course of Vendor’s performance under this Agreement. “District Data” includes metadata and data derived from the use of District Data and metadata.

  • district municipality means a municipality that has municipal executive and legislative authority in an area that includes more than one municipality, and which is described in section 155 (1) of the Constitution as a category C municipality;

  • 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.

  • District Office means District Office of the Division of Drinking Water of the State Water Board.

  • District Court means the United States District Court for the District of Delaware.

  • Districts – shall mean the Lake Ashton Community Development District (“LA CDD”) and Lake Ashton II Community Development District (“LAII CDD”), each a political subdivision of the State of Florida, created pursuant to Chapter 190 of the Florida Statutes. Each individually may be referred to herein as a “District.”

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

  • District Engineer means the District Engineer of Sacramento Regional County Sanitation District, and Sacramento Area Sewer District, or his designee.

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

  • District board means the board of directors of the district.

  • District Council means a district council within the meaning of the Local Government Act (Northern Ireland) 1972(7);

  • District and high school graduation report means a report of the number of pupils, excluding adult education participants, in the district for the immediately preceding school year, adjusted for those pupils who have transferred into or out of the district or high school, who leave high school with a diploma or other credential of equal status.

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • SDA district means an SDA district as defined in section 3 of P.L.2000, c.72 (C.18A:7G-3).

  • District and high school graduation rate means the annual completion and pupil dropout rate that is calculated by the center pursuant to nationally recognized standards.

  • Urban district means the territory contiguous to and including any street or highway which is built up with structures devoted to business, industry, or dwelling houses situated at intervals of less than one hundred feet for a distance of a quarter of a mile or more, and the character of such territory is indicated by official traffic control devices.

  • 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;

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Debt Security or “Debt Securities” has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

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

  • Parish means the Church of England parish in which the Academy is situated or one which it serves;

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.