Proceeds of Bonds Sample Clauses

Proceeds of Bonds. None of the proceeds of the Bonds will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any “margin stock” within the meaning of Regulation U or X of the FRB. The Commonwealth shall use the proceeds of the Bonds hereunder in compliance with all applicable legal and regulatory requirements of any Governmental Authority (including Regulation U or X of the FRB and the Securities Exchange Act of 1934 and the Securities Act of 1933 and any regulations thereunder).
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Proceeds of Bonds the Supervisor will not be liable to the Company or any Bondholder for the receipt or application by the Company of the Issue Price or be bound to see to the application of those proceeds or letters of allotment to the persons entitled to them;
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Proceeds of Bonds. (a) The State may have recourse to the proceeds of any Bond at any time.
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Proceeds of Bonds. The Bond Proceeds will be used solely for the purposes described in the Bond Indenture and the Loan Agreement.
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Proceeds of Bonds. The Commonwealth shall not use any of the proceeds of the Bonds, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any “margin stock” within the meaning of Regulation U or X of the FRB. The Commonwealth shall use the proceeds of the Bonds hereunder in compliance with all applicable legal and regulatory requirements of any Governmental Authority (including Regulation U or X of the FRB and the Securities Exchange Act of 1934 and the Securities Act of 1933 and any regulations thereunder).
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Proceeds of Bonds. The proceeds of the Bonds will be used by the Issuer solely for the purposes described in the Ordinance.
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Proceeds of Bonds. The Bond Proceeds were used solely for the purposes described in the Indenture and the Loan Agreement. None of the Bond Proceeds were used to provide inventories, raw materials or working capital for the Borrower.
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Proceeds of Bonds. Evidence (i) of receipt by the Borrower of at least $95,000,000 net of fees from the public sale of the Bonds by the Borrower and (ii) that the Borrower and/or one or more of its Subsidiaries have given irrevocable notice of prepayment of outstanding accrued Debt thereof described in Part II of Schedule 4.01(m) hereto, in an aggregate amount at least equal to $95,000,000.
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Proceeds of Bonds 
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Related to Proceeds of Bonds

  • Proceeds of Collateral Borrowers shall request in writing and otherwise take all necessary steps to ensure that all payments on Accounts or otherwise relating to Collateral are made directly to a Dominion Account (or a lockbox relating to a Dominion Account). If any Borrower or Subsidiary receives cash or Payment Items with respect to any Collateral, it shall hold same in trust for Agent and promptly (not later than the next Business Day) deposit same into a Dominion Account.

  • Application of Proceeds of Collateral Notwithstanding anything to the contrary in this Agreement, in the case of any Event of Default under Section 7.1(i), immediately following the occurrence thereof, and in the case of any other Event of Default: (a) upon the termination of the Revolving Credit Aggregate Commitment, (b) the acceleration of any Indebtedness arising under this Agreement, (c) at the Agent’s option, or (d) upon the request of the Majority Lenders after the commencement of any remedies hereunder, the Agent shall apply the proceeds of any Collateral, together with any offsets, voluntary payments by any Credit Party or others and any other sums received or collected in respect of the Indebtedness first, to pay all incurred and unpaid fees and expenses of the Agent under the Loan Documents and any protective advances made by Agent with respect to the Collateral under or pursuant to the terms of any Loan Document, next, to all principal, interest and fees owing under or in connection with the Revolving Credit (including the Swing Line), next to any obligations owing by any Credit Party in respect of any Hedging Obligations on a pro rata basis, next, to any other Indebtedness on a pro rata basis, and then, if there is any excess, to the Credit Parties, as the case may be.

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