District Bonds Sample Clauses

District Bonds. The Trustee, as assignee of the Authority’s rights pursuant to Section 4.01, shall (subject to the provisions of this Indenture) collect all amounts due as principal and interest on District Bonds from the District and, subject to the provisions hereof, shall enforce, and take all steps, actions and proceedings reasonably necessary for the enforcement of all of the rights of the Authority thereunder and for the enforcement of all of the obligations of the District thereunder.
District Bonds. In furtherance of the foregoing, for the purpose of financing a portion of the District Improvements and portion of the District Improvements (including paying amounts due under the District Reimbursement Agreement), the District has agreed to issue (i) its Special Revenue Bonds, Series 2019A in the aggregate principal amount of $_________ (the “Series 2019A Bonds”) and its Special Revenue Bonds, Taxable Series 2019B in the aggregate principal amount of $_________ (the “Series 2019B Taxable Bonds” and together with the Series 2019A Bonds, the “Senior Bonds”), pursuant to an Indenture of Trust (Senior) to be dated as of [_____], 2019 (the “Senior Indenture”) between the District and BOK Financial, a division of BOKF, NA, as trustee (the “Senior Bond Trustee”), and (ii) its Subordinate Special Revenue Bonds, Series 2019C in the aggregate principal amount of $_________ (the “Subordinate Bonds” and together with the Senior Bonds, the “District Bonds”) pursuant to an Indenture of Trust (Subordinate) to be dated as of _____, 2019 (the “Subordinate Indenture” and together with the Senior Indenture, the “Indentures”) between the District and BOK Financial, a division of BOKF, NA as trustee (the “Subordinate Bond Trustee” and together with the Senior Bond Trustee, the “Trustee”). In connection with the District Bonds, the Authority has agreed to pledge the Pledged Revenues to repayment thereof pursuant to the Pledge Agreement. The District has pledged the Authority Pledged Revenues for payment of the District Bonds. Developer and the District hereby agree to comply with all obligations of the Developer and the District, as applicable, in the Bond Documents and otherwise reasonably cooperate with the Authority as necessary and appropriate to allow the Authority to comply with its obligations under the Bond Documents.
District Bonds. (a) The District may issue District Bonds to pay for Eligible Costs or reimburse the Developer for Eligible Costs and to apply the proceeds of the District Bonds as authorized under this Agreement. The District shall irrevocably pledge the District Pledged Revenue to the payment of such District Bonds. The Net Proceeds of such District Bonds will be subject to requisition by Developer to pay or reimburse Eligible Costs upon receipt of a requisition substantially in accordance with the requirements set forth in Exhibit C.
District Bonds. The District may issue or cause to be issued on its behalf District Bonds in an amount sufficient to refund all or a portion of the outstanding District Notes and all or any portion of the Reimbursable Project Costs not previously financed by the issuance of District Notes. If the District is unable for any reason to refund all of the outstanding District Notes or issue District Bonds to finance all Reimbursable Project Costs, the District may issue District Bonds to refund only a portion of the District Notes or finance only a portion of the Reimbursable Project Costs, and the Developer agrees to subordinate any remaining District Notes to such District Bonds. Notwithstanding anything to the contrary contained herein this Section, so long as the Developer is the holder of District Notes, Developer may request that the District issue District Bonds in an amount sufficient to refund all or a portion of the outstanding District Notes held by the Developer. Upon receipt of such a request, the District will use reasonable efforts to issue District Bonds in an amount sufficient to refund all of the outstanding District Notes held by the Developer. The Developer hereby agrees to provide the District any such other documentation as the District may reasonably require of the Developer in order for the District’s selected bond underwriting firm to properly advise the Developer regarding the proposed bond issue and in order for the District to obtain an opinion of Bond Counsel regarding the proposed District Bonds. For purposes of this section, “reasonable efforts” shall mean that, if the market conditions for such District Bonds are such that the payment terms of the District Bonds are sufficiently favorable that reasonably prudent financial officers or agents would undertake such a refunding or refinancing of the District Notes, then the District shall issue the District Bonds.
District Bonds. If the DISTRICT fails to approve, execute, and deliver this AGREEMENT to the CITY as required by Section E.2., and if the CITY does not terminate this Agreement, such failure shall operate to prohibit the DISTIRCT from taking any actions to issue Bonds until the failure has been cured. The City shall have the right to enjoin the issuance of Bonds during any period in which such a material breach exists.
District Bonds. (a) District Bonds may be issued in one or more series by the District to pay for Eligible Costs or reimburse the Developer for Eligible Costs and to apply the proceeds of the District Bonds as authorized under this Agreement, including without limitation, payment of the Costs of Issuance and Town Costs. It is the intention of the Parties that all Pledged Revenues shall be pledged to the payment of outstanding District Bonds. The proceeds of such District Bonds will be subject to requisition by the Developer to pay or reimburse Eligible Costs and to requisition by the Town to pay or reimburse Town Costs upon receipt of a requisition substantially in accordance with the requirements set forth in the District Bond Documents.
District Bonds. Section 8.0 of the Agreement, including subsections 8.1, 8.2 and 8.3, is hereby deleted in its entirety and replaced withIntentionally Omitted.”
District Bonds. The term "
District Bonds 

Related to District Bonds

  • District Applicant recognizes and acknowledges the calculations relating to the District’s loss of Maintenance and Operations Revenue under this Agreement will be affected by changes to the timing of construction of the Project and any change to the Qualified Property. As such, Applicant acknowledges that it will bear any and all losses of Maintenance and Operations Revenue suffered by the District as a result of this Agreement, including without limitation any increase in the M&O Amount calculated under Section 4.2 to be paid to the District for losses in Maintenance and Operations Revenue resulting from any change in the timing of construction and/or any change to the Qualified Property. The Parties expressly understand and agree that, for all Tax Years to which the Tax Limitation amount set out in Section 2.4 is applied to Applicant’s Qualified Property that is the subject of this Agreement, the calculation of negative financial consequences will be defined for each applicable Tax Year in accordance with the Applicable School Finance Law, as defined in Section 1.2 above, and that such definition specifically contemplates that calculations made under this Agreement may periodically change in accordance with changes in Applicable School Finance Law. The Parties further agree that printouts and projections produced during the negotiations and approval of this Agreement are: (i) for illustrative purposes only, are not intended to be relied upon, and have not been relied upon by the Parties as a prediction of future consequences to either Party; (ii) based upon current Applicable School Finance Law which is subject to change by statute, by administrative regulation (or interpretation thereof), or by judicial decision at any time; and (iii) may change in future years to reflect changes in Applicable School Finance Law.

  • DISTRICT RIGHTS 4.1 It is understood and agreed that the District retains all of its powers and authority to direct, manage and control to the full extent of the law. Included in, but not limited to, those duties and powers are the exclusive right to: determine its organization; direct the work of its employees; determine the times and hours of operation; determine the kinds and levels of service to be provided, and the methods and means of providing them; establish its educational policies, goals and objectives; insure the rights and educational opportunities of students; determine staffing patterns; determine the number and kinds of personnel required; maintain the efficiency of District operation; determine the curriculum; build, move or modify facilities; establish budget procedures and determine budgetary allocation; determine the methods of raising revenue; contract out work as legally allowed under the Education and Government Codes; and take action on any matter in the event of an emergency. In addition, the District retains the right to hire, assign, evaluate, promote, layoff, terminate and discipline employees.

  • District Approval The work completed herein must meet the approval of the District and shall be subject to the District’s general right of inspection and supervision to secure the satisfactory completion thereof.

  • states “Total transfer credit for work at a two-year technical or community college may not exceed one-half of the hours required for completion of the baccalaureate degree at the accepting institution.” For the BSOM program, that number is 60 credits. General Education (SGR) Courses: 32 credits

  • District Contribution Effective January 1, 2019:

  • United States The term “

  • Authority of Contractor The Contractor shall have no right or authority, express or implied, to commit or otherwise obligate the Company in any manner whatsoever except to the extent specifically provided herein or specifically authorized in writing by the Company.

  • State Aid 1. Any aid granted by a Party or through State resources in any form whatsoever which distorts or threatens to distort competition by favouring certain goods shall, in so far as it may affect trade between the Party concerned and other Parties to this Agreement, be incompatible with the proper functioning of this Agreement.

  • School District For purposes of administering this Agreement, the term “School District” shall mean the School Board or its designated representative.