Parity Debt Instrument definition

Parity Debt Instrument means a resolution, indenture of trust, supplemental indenture of trust, loan agreement, trust agreement or other instrument authorizing the issuance of any Parity Debt, other than a Supplemental Indenture.

Parity Debt Instrument means any resolution, indenture of trust, loan agreement, trust agreement or other instrument authorizing the issuance of any Parity Debt, including, without limitation, a Supplemental Indenture authorized by Section 7.01(e).

Parity Debt Instrument means the resolution, trust indenture or installment sale agreement adopted, entered into or executed and delivered by the City, and under which Parity Debt are issued.

Examples of Parity Debt Instrument in a sentence

• All amounts in the Reserve Account on the Business Day preceding the final Interest Payment Date shall be withdrawn from the Reserve Account and shall be transferred to the Interest Account and the Principal Account, in such order, to the extent required to make the deposits then required to be made pursuant to this Section 4.03 or shall be applied pro rata as required by any Parity Debt Instrument, as applicable.

• All Tax Revenues received by the Successor Agency in excess of the amount required to pay debt service on the Bonds and any Parity Debt and except as may be provided to the contrary in this Indenture or in any Supplemental Indenture or Parity Debt Instrument, shall be released from the pledge and lien hereunder and shall be applied in accordance with the Law, including but not limited to the payment of debt service on any Subordinate Debt.

• In addition to the Installment Payments, the City may, by a Parity Debt Instrument, issue or incur other loans, advances or indebtedness payable from Net Revenues to be derived from the Water System, to provide financing for the Water System, in such principal amount as shall be determined by the City.

• All moneys on deposit in the Reserve Account or any subaccount therein on the Business Day preceding the final Interest Payment Date shall be withdrawn from the Reserve Account or any subaccount therein and shall be transferred to the Interest Account and the Principal Account, in such order, to the extent required to make the deposits then required to be made pursuant to this Section 4.03 or shall be applied pro rata as required by any Parity Debt Instrument, as applicable.

• All Tax Revenues received by the Successor Agency in excess of amounts required herein or as additionally required pursuant to a Supplemental Indenture or Parity Debt Instrument shall be released from the pledge and lien hereunder and shall be applied in accordance with the Law, including but not limited to the payment of debt service on any Subordinate Debt.

More Definitions of Parity Debt Instrument

Parity Debt Instrument means any resolution, indenture of trust, trust agreement or other instrument authorizing the issuance of any Parity Debt.

Parity Debt Instrument means any instrument evidencing Parity Debt.

Parity Debt Instrument means the 2006 Indenture, the 2014 Indenture and any resolution, indenture of trust, trust agreement or other instrument authorizing the issuance of any Parity Debt and which otherwise complies with all of the terms and conditions of this Indenture, including, without limitation, the provisions of Section 3.05.

Parity Debt Instrument means any resolution, indenture of trust, trust agreement, loan agreement or other instrument authorizing the issuance of any additional Parity Debt.

Parity Debt Instrument means the resolution, trust indenture or installment sale agreement or other evidence of indebtedness adopted, entered into or executed and delivered by the City, and under which Parity Debt is issued.

Parity Debt Instrument means any instrument evidencing Parity Debt, including without limitation the indenture and official statement relating to such Parity Debt, as applicable.

Parity Debt Instrument means any Supplemental Indenture authorizing the issuance of any Parity Debt entered into pursuant to Section 7.01(e).