Examples of Parity Payments in a sentence
Water will be diverted from the burn into an intake via a weir and then flow down a buried pipeline into a powerhouse where it will power a turbine.
The term “Contracts” means and is limited to: (1) this Agreement and any amendments and supplements hereto; and (2) all contracts of the District hereto or hereafter authorized the Parity Payments with respect to which are payable from Net Revenues on a parity with the Refinancing Payments and which are secured by a pledge and lien on the Revenues as described in Section 5.01 hereof.
Parity Payments Date The term “Parity Payments Date” means the date on which any Parity Payments are due on Contracts or Bonds.
There are currently no other payments owed by the District that constitute Parity Payments.
Parity Payments The term “Parity Payments” means all installment payments and other debt service payments scheduled to be paid by the District under all Contracts or Bonds.
Balloon Installment Payments The term “Balloon Installment Payments” means any Parity Payments designated as such in any Balloon Contract.