Examples of Series 2016 Bond Resolution in a sentence
It also allows the effectiveness of fault mitigation to be determined.
Subsequent to the payments described above and in the Series 2016 Bond Resolution, any moneys remaining in the Income Fund may be used by the Issuer for the payment of Bond Requirements of subordinate bonds or other subordinate securities hereafter authorized to be issued in accordance with the Series 2016 Bond Resolution, including reasonable reserves therefor and for rebate of amounts to the United States Treasury with respect to such subordinate securities, as the same accrue.
Unless otherwise expressly provided herein, capitalized terms used herein shall have the same meanings ascribed to them in the Series 2016 Bond Resolution.
APPENDIX C SUMMARY OF FINANCING DOCUMENTS (THIS PAGE INTENTIONALLY LEFT BLANK)APPENDIX C SUMMARY OF FINANCING DOCUMENTS The following is a summary of certain provisions and covenants contained in the Series 2016 Bond Resolution, the Escrow Agreement and the Disclosure Undertaking.
The establishment of priorities as between Series 2016 Bonds issued and Outstanding under the provisions of the Series 2016 Bond Resolution.
Board Approval of the Series 2016 Bond Resolution and Bond Purchase Agreement(Approved) Motion was made by Kelly Poole, seconded by Clark Menard and carried to Approve the Series 2016 Bond Resolution and Bond Purchase Agreement (7-0 vote).
If the moneys on deposit in the Rebate Account are insufficient for the purposes thereof, the Issuer will transfer moneys in the amount of the insufficiency to the Rebate Account, to the extent permitted by the Series 2016 Bond Resolution from the Reserve Fund and the Bond Fund.
Levy of Charges The Issuer will forthwith and in any event prior to the delivery of any of the Series 2016 Bonds, fix, establish and levy the fees, rates and other charges which are required by the Series 2016 Bond Resolution, if such action is necessary therefor.
All of the obligations of the Issuer under this Agreement are payable from, and in making the agreements, provisions and covenants set forth in this Agreement, the Issuer has not obligated itself except with respect to, the Net Pledged Revenues which shall be applied, as provided in this Agreement and the Series 2016 Bond Resolution.
Adequacy and Applicability of Charges; Rate Maintenance Covenant There will be charged against users of service pertaining to and users of the Facilities, including the Issuer, but not necessarily all such users, except as provided in the Series 2016 Bond Resolution, such fees, rates and other charges so that the Gross Pledged Revenues will be adequate to meet the requirements of Series 2016 Bond Resolution.