Examples of Second Supplemental Trust Agreement in a sentence
Insurance Policy for Transportation Facilities Projects Revenue Bonds, Series 2008; Second Supplemental Trust Agreement dated as of March 1, 2008 For the purpose of substituting the moneys on deposit in the Reserve Subaccount securing the Series 2008 Bonds with a surety policy as permitted by Section 4.02 of the First Supplemental Agreement, the MDTA executed and delivered the Second Supplemental Trust Agreement dated as of April 29, 2008.
These bonds are payable from the revenues, receipts, and other moneys assigned under a Master Trust Agreement dated June 1, 2004 between the Authority and U.S. Bank National Association as Trustee (the “Trustee”), as supplemented by the First Supplemental Trust Agreement dated June 1, 2004 and the Second Supplemental Trust Agreement dated October 1, 2005 (together, the “Trust Agreement”).
WHEREAS, in furtherance thereof, the City issued a second series of the Bonds pursuant to the Master Trust Agreement and a Second Supplemental Trust Agreement, dated as of February 1, 2020, between the City and the Trustee in the aggregate principal amount of $12,755,000 (the “2020A Bonds”) to provide funds, together with any other available funds, to pay (i) the costs of the 2020A Project and (ii) the fees and expenses incurred in connection with the sale and issuance of the 2020A Bonds.
The forms of the Master Trust Agreement, the First Supplemental Trust Agreement and the Second Supplemental Trust Agreement presented to this meeting are hereby approved.
Thus, for some of the proposed standards, even a six-month test period may be inadequate.