Common use of Bond Proceeds Clause in Contracts

Bond Proceeds. The Issuer covenants and agrees, upon the terms and conditions of this Agreement, to lend the proceeds received from the sale of the Bonds to the Company in order to redeem the Prior Bonds and to finance the Cost of the Project, Pursuant to said covenant and agreement, the Issuer will issue the Bonds upon the terms and conditions contained in the Indenture and this Agreement, and will lend the proceeds of the Bonds to the Company by causing the Bond proceeds to be applied as provided in Article III hereof, Such proceeds shall be disbursed by the Trustee to or on behalf of the Company as provided in Section 3.3 hereof.

Bond Proceeds. The Issuer covenants and agrees, upon the terms and conditions of this Agreement, to lend the proceeds received from the sale of the Bonds to the Company in order to redeem the Prior Bonds and to finance the Cost Costs of the Project, . Pursuant to said covenant and agreement, the Issuer will issue the Bonds upon the terms and conditions contained in the Indenture and this Agreement, and will lend the proceeds of the Bonds to the Company by causing the Bond proceeds to be applied as provided in Section 2.10 of the Indenture and Article III hereof, of this Agreement. Such proceeds shall be disbursed by the Trustee to or on behalf of the Company as provided in Section 3.3 hereofof this Agreement.

Bond Proceeds. The Issuer covenants and agrees, upon the terms and conditions of this Agreement, to lend the proceeds received from the sale of the Bonds to the Company in order to redeem the Prior Bonds and to finance the Cost a portion of the Project, Costs of the Project and certain of the Costs of Issuance. Pursuant to said covenant and agreement, the Issuer will issue the Bonds upon the terms and conditions contained in the Indenture and this Agreement, and will lend the proceeds of the Bonds to the Company by causing the Bond proceeds to be applied as provided in Section 2.10 of the Indenture and Article III hereof, of this Agreement. Such proceeds shall be disbursed by the Trustee to or on behalf of the Company as provided in Section 3.3 hereofof this Agreement.