Series 2010B Certificates definition
Examples of Series 2010B Certificates in a sentence
The payments represented by the Series 2010B Certificates are payable from legally available funds appropriated annually by the governing body of the Lessee during the term of the Series 2010B Lease, subject to annual renewal upon appropriation for amounts due under the Series 2010B Lease for succeeding fiscal years as provided in the Series 2010B Lease.
Any failure to satisfy the final spending requirement shall be disregarded if the Board exercises due diligence to complete the project financed by the Series 2010B Certificates and the amount of the failure does not exceed the lesser of (i) 3% of the issue price of the Series 2010B Certificates or (ii) $250,000.
All the representations, warranties and agreements of the Underwriters, the Corporation and the School Board in this Certificate Purchase Agreement shall remain operative and in full force and effect and shall survive delivery of and payment for the Series 2010B Certificates, regardless of any investigation made by or on behalf of the Corporation, the School Board or the Underwriters.
For purposes of the Series 2010B Certificates, unless otherwise waived in writing by the Series 2010B Credit Facility Issuer, the following provisions shall apply notwithstanding any provision to the contrary contained in the Financing Documents, any such contrary provisions being deemed superseded hereby to the fullest extent permitted by law.
The penalty referred to above shall cease to apply only after the Series 2010B Certificates (including any refunding obligations issued with respect thereto) are no longer outstanding.