District Bonds. If the Owner or the District fail to comply with the terms and conditions of this Agreement after notice and opportunity to cure, such failure shall operate to prohibit the District from taking any actions to issue Bonds until the failure has been cured. The County shall have the right to enjoin the issuance of Bonds during any period in which such a material breach exists.
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 2020A (the “Series 2020A Bonds”) and its Special Revenue Bonds, Taxable Series 2020B (the “Series 2020B Taxable Bonds” and together with the Series 2020A Bonds, the “Senior Bonds”), pursuant to an Indenture of Trust (Senior) to be dated on or about the date hereof (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 2020C (the “Subordinate Bonds” and together with the Senior Bonds, the “District Bonds”) pursuant to an Indenture of Trust (Subordinate) to be dated on or about the date hereof (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. 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. Section 8.0 of the Agreement, including subsections 8.1, 8.2 and 8.3, is hereby deleted in its entirety and replaced with “Intentionally Omitted.”
District Bonds. Subject to the requirements of Section 5.7, 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. If the District is unable for any reason to refund all of the outstanding District Notes, the District may issue District Bonds to refund only a portion of the District Notes and the District and the Developer agree to subordinate any remaining District Notes to such District Bonds.
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. (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. 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. The term "
