Examples of Issuer Loan Agreement in a sentence
After the delivery of this Issuer Loan Agreement, upon request by the Borrower, the Issuer may issue the Additional Parity Bonds in accordance with Article XII of the Indenture.
The execution and delivery by the Issuer of this Issuer Loan Agreement, the Indenture and the Series 2020 Bonds and the compliance with the terms and conditions thereof will not conflict with or result in the breach of or constitute a default under any of the above described documents or other restrictions, the Act or other existing Laws that would have a material adverse impact on its ability to fulfill its obligations under this Issuer Loan Agreement, the Indenture or the Series 2020 Bonds.
Whenever under the provisions of this Issuer Loan Agreement the approval of the Issuer or the Borrower is required or the Issuer or the Borrower is required to take some action at the request of the other, such approval or such request shall be given for the Issuer by an Issuer Representative and for the Borrower by a Borrower Representative.
The Borrower will permit the Trustee, at all reasonable times, to take copies and extracts from such books, records and papers, and will from time to time furnish, or cause to be furnished, to the Trustee such information and statements as the Trustee may reasonably request, all as may be reasonably necessary for the purpose of determining performance or observance by the Borrower of its obligations under this Issuer Loan Agreement.
Subsequent to the issuance of Series 2020 Bonds and prior to their payment in full (or provision for the payment thereof having been made in accordance with the provisions of the Indenture), and except as otherwise herein expressly provided, this Issuer Loan Agreement may not be effectively amended, changed, modified, altered or terminated except in accordance with the provisions of the Indenture.
Except as expressly contemplated herein, in the Indenture and in the Security Documents, neither the Borrower nor the Issuer may assign its interest in this Issuer Loan Agreement.
In accordance with any applicable provisions of the Indenture, at the request of the Borrower, the Issuer shall take any action directed by the Borrower to the extent required under, or permitted by, the provisions of the Indenture or this Issuer Loan Agreement.
In the event any agreement contained in this Issuer Loan Agreement should be breached by either party and thereafter waived by the other party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other breach hereunder.
In the event any provision of this Issuer Loan Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof.
In accordance with Section 6.08(b) of the Issuer Loan Agreement, we have appointed [INSERT AUDITOR], an auditor of nationally recognized standing (the “Auditor”), to serve as our independent auditor to audit our annual financial statements.