Series 2018 Bonds definition
Examples of Series 2018 Bonds in a sentence
In the event of a partial optional redemption the amount of such partial redemption will be applied equally among the maturities of the Series 2018 Bonds then outstanding.
The Purchaser may at any time pledge or grant a security interest in all or any portion of its rights under the Series 2014D Bonds or Series 2018 Bonds, this Agreement and the Related Documents to secure obligations of the Purchaser, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release the Purchaser from any of its obligations hereunder or substitute any such pledgee or assignee for the Purchaser as a party hereto.
The County is not in default under any material agreements or instruments to the extent such default would have a Material Adverse Effect on the security for the Series 2014D Bonds and Series 2018 Bonds or the County’s ability to make payment with respect thereto.
The moneys pledged pursuant to the granting clauses of the Indenture, including the Pledged Taxes, for payment of the Series 2014D Bonds and Series 2018 Bonds have not been, and will not be, pledged by the County to the payment of any other obligations.
Basic Rent as payable under Section 3.1 of the Original Lease and Section 2.1 of the First Supplemental Lease shall be amended to provide funds sufficient to permit the Issuer to make all interest and principal payments on the Outstanding Series 2018 Bonds when due, as well as all other Bonds Outstanding under the Series 2018 Bond Resolution (less Basic Rent Credits and any other credits provided in the Series 2018 Bond Resolution).