Examples of Loan Payments in a sentence
As to each Agreement, the Trustee on behalf of the Authority shall be instructed to pay to the Lender the Loan Payments, including the interest components thereof, equal to the amounts specified in the Schedule comprising a part of such Agreement and equal to the principal and interest payable on the loan and shall pay to Lender and Authority all other payments and fees due hereunder from Additional Payments made by the County.
The Loan Payments shall be payable without notice or demand when due at such place as the Lender shall direct in writing at the time the Schedule is executed or such other place as the Lender or the Authority, as the case may be, may from time to time designate in writing to the Trustee.
The Authority shall not be obligated to pay the principal of, and premium, if any, and interest on the Loan Payments, except from Revenues.
The Issuer shall not be obligated to pay the principal or Purchase Price of, premium, if any, or interest on the Series 2022A Bonds or any costs incidental thereto, except from the Series 2022A Loan Payments and the Trust Estate.
Neither the faith and credit nor the taxing power of the State or any political subdivision thereof is pledged to the payment of the principal of or premium or interest on the Loan Payments.