Series 2017 Bonds definition
Examples of Series 2017 Bonds in a sentence
The initial term of this Lease shall commence as of the date of issuance of the Series 2017 Bonds, and shall expire at midnight on March 1, 20 , unless terminated earlier or extended as provided in Section 3.02 hereof.
The Municipality hereby covenants and agrees that it will not request the Agent to exercise any of the powers described in the preceding sentence in any manner which will cause the Series 2017 Bonds or Outstanding Notes to be arbitrage bonds within the meaning of Section 148 of the Internal Revenue Code in effect on the date of such request and applicable to obligations issued on the issue date of the Series 2017 Bonds.
A portion of the proceeds of the Series 2017 Bonds will be set aside to ensure the required improvements and upgrades proposed by the Lessee are made to the Leased Premises in order to comply with requests of Hilton (and/or any other brand name franchisee that has an executed franchise agreement with the LESSEE) in order to meet the upgrade and maintenance requested of the franchisor.
The Agent shall not be responsible in any manner whatsoever for the recitals or statements contained herein or in the Outstanding Notes or in the Series 2017 Bonds or in any proceedings taken in connection therewith, but they are made solely by the Municipality.
The Effective Date is the date of the issuance and delivery of Series 2017 Bonds and the release and extinguishment of the 1999 Bonds.