Pledge Resolution definition

Pledge Resolution means Resolution No. , adopted by the Redevelopment Commission on .

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Pledge Resolution means Resolution No. of the Redevelopment Commission pledging TIF 1 Revenues and TIF 2 Revenues and the Special Benefits Tax to the Sublease.

Pledge Resolution means Resolution No. Redevelopment Commission adopted by the Redevelopment Commission on , 20 , pledging all Tax Increment, minus Annual Fees, to the payment of debt service on the Series 20 B Bonds, junior and subordinate to the Series A Bonds.

Examples of Pledge Resolution in a sentence

The Issuer represents and warrants that the TIF Pledge Resolution of the Redevelopment Commission was validly adopted and constitutes a valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its terms.
On or before each January 15 and July 15 commencing with [July 15], 2025 (or on such other dates and in the manner required by the Pledge Resolution), the Director of Finance and Records of the Issuer, acting on behalf of the Redevelopment Commission, in accordance with the Pledge Resolution, shall transfer from the Issuer's allocation funds referenced in this Section to the Trustee, all TIF Revenues.
The Redevelopment Commission has pledged the TIF Revenues and Taxpayer Payments to the payment of principal and interest on the Series 2024 Bonds pursuant to the Pledge Resolution.
The Issuer represents and warrants that the TIF Pledge Resolution of the Commission was validly adopted and constitutes a valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its terms, to pledge the TIF Revenues and the Taxpayer Payments to repayment of the Bonds.
The Issuer shall deposit in the Bond Fund (as defined in the Pledge Resolution), on or before each April 1 and October 1, all of the TIF Revenues available, to pay as much principal as possible due on the Bonds on the next April 1 or October 1.

More Definitions of Pledge Resolution

Pledge Resolution means Resolution No. , adopted by the Redevelopment Commission on [April 22, 2025].

Pledge Resolution means Resolution No. of the Zionsville Redevelopment Commission adopted on [May 28], 2024, pledging the TIF Revenues and Taxpayer Payments to the payment of the Series 2024 Bonds.

Pledge Resolution means Resolution No. , adopted by the Redevelopment Commission on October 21, 2021, pledging the TIF Revenues to the Series 2024 Bonds.

Pledge Resolution means the resolution of the Commission adopted on October 21, 2024, pledging TIF Revenues to the Bonds.

Pledge Resolution means Resolution No. _ adopted by the Redevelopment Commission on , 20 , irrevocably dedicating, pledging and assigning the Pledged TIF Revenues to the Issuer to pay debt service on the Bonds.

Pledge Resolution means Resolution No. 1-2012 of the Redevelopment Commission, adopted June 11, 2012, pledging the Tax Increment Revenues to the payment of the Bonds.

Pledge Resolution means Resolution No. , adopted by the Redevelopment Commission on , 2024.