Parity Bond Resolutions definition
Examples of Parity Bond Resolutions in a sentence
The Municipality agrees that it will not take any action that would result in the Loan no longer remaining at least a Parity Obligation as defined in the WIFIA Credit Agreement and a Parity Obligation as defined in the Parity Bond Resolutions.
Upon any removal of the Trustee under this Indenture, the Trustee shall be deemed to be removed as trustee under the Senior Bond Resolution, any Parity Bond Resolutions and any Parity Bond Indentures.
The Municipality certifies that the Loan is a Parity Obligation as defined in the WIFIA Credit Agreement and is a Parity Obligation as defined in the Outstanding Parity Bond Resolutions.
Upon any such resignation, the Trustee shall be deemed to have resigned as trustee under the Senior Bond Resolution, any Parity Bond Resolutions and any Parity Bond Indentures.
The District may issue at any time Subordinate Lien Obligations and enter into Subordinate Financial Products Agreements and Subordinate Credit Facility Obligations, provided that no events of default have occurred and are continuing under the Senior Bond Resolution, this Indenture, any Parity Bond Resolutions, any Parity Bond Indentures, any Parity Financial Products Agreements or any Parity Credit Facility Obligations.