Local Bond definition

Local Bond means the bond in substantially the form attached to this Financing Agreement as Exhibit A issued by the Borrower to the Authority pursuant to this Agreement.

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Local Bond means the Local Government's Solid Waste System Revenue Bond, Series 2015, issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.

Local Bond means the Local Government's Revenue Bond, Series 2016, issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.

Examples of Local Bond in a sentence

• No remedy conferred by this Agreement upon or reserved to the registered owners of the Local Bond is intended to be exclusive of any other remedy, but each such remedy shall be cumulative and shall be in addition to any other legally available remedy given to VRA under this Agreement or now or hereafter existing at law or in equity or by statute.

• If the Purchase Price is not sufficient to pay in full the cost of the Project, the Local Government shall complete the Project at its own expense and shall not be entitled to any reimbursement therefor from VRA or any abatement, diminution or postponement of its payments under the Local Bond or this Agreement.

• The Local Government hereby consents to VRA's assignment to the Trustee of VRA's rights under this Agreement and the Local Bond.

• The Local Government shall not assign its rights and obligations under the Local Bond or this Agreement, or both, without the prior written consent of VRA.

• If the Local Government fails to make any payment or to perform any act required by it under the Local Bond or this Agreement, VRA or the Trustee, without prior notice to or demand upon the Local Government and without waiving or releasing any obligation or default, may (but shall be under no obligation to) make such payment or perform such act.

More Definitions of Local Bond

Local Bond means, collectively, the Water and Sewer System Revenue Bond, Series 2022, in the original maximum principal amount of $13,338,457, as amended by the Allonge, attached to the Local Bond and made a part thereof.”

Local Bond means the bond in substantially the form attached to the Agreement as Exhibit A issued by the Borrower to the Trustee pursuant to the Agreement, as amended by the Allonge."

Local Bond means the Local Government's [NAME OF LOCAL BOND], issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.

Local Bond means, collectively, the Water and Sewer System Revenue Bond, Series 2007C issued by the Borrower to the Trustee, as amended by the Allonge and the Second Allonge, each attached to the Local Bond and made a part thereof.

Local Bond means the Local Government's County Project VRA Special Fund Revenue Bond, Series 2107, issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.

Local Bond means the Local Government's General Obligation Bond, Series 2025, issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.

Local Bond means the Local Government's Broadband Infrastructure Revenue Bond, Series 2015, issued in the original principal amount set forth in Schedule 1.1, as such bond may be amended or modified.