General Bond Resolution definition
Examples of General Bond Resolution in a sentence
The Authority has complied with all of the provisions of the Constitution and laws of the State, including the Act, and has full power and authority to consummate all transactions contemplated by this Agreement, the Servicing Agreement, the Bonds, the General Bond Resolution, each Series Resolution, and any and all other agreements, documents and instruments relating thereto.
The Authority currently maintains insurance of such type and in such amounts or in excess of such amounts as are necessary to comply with the requirements of the General Bond Resolution.
Capitalized terms used herein but not defined herein shall have the meaning given thereto in the General Bond Resolution unless the context or use indicates another or different meaning or intent.
The Authority shall have duly authorized the execution, delivery and performance of, and shall have duly executed and delivered, the Certificate of Determination and this Agreement, and each of the Certificate of Determination, this Agreement and the General Bond Resolution (as supplemented by the Series 2020 Resolution), is in full force and effect, and each of the other Related Documents shall have been duly authorized, executed and delivered by the respective parties thereto.
Any balance of such Net Proceeds of any Condemnation award remaining after payment of all costs of such restoration or acquisition shall be deposited in the Special Redemption Account held by the Trustee and used only to prepay the Single Lot Bonds as provided in Section 5.11(a) of the General Bond Resolution.