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 $ 2020A (the “Series 2019A2020A Bonds”) and its Special Revenue Bonds, Taxable Series 2019B in the aggregate principal amount of $ 2020B (the “Series 2019B2020B Taxable Bonds” and together with the Series 2019A2020A Bonds, the “Senior Bonds”), pursuant to an Indenture of Trust (Senior) to be dated as of [ ], 2019on 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 2019C in the aggregate principal amount of $ 2020C (the “Subordinate Bonds” and together with the Senior Bonds, the “District Bonds”) pursuant to an Indenture of Trust (Subordinate) to be dated as of , 2019on 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.
Appears in 1 contract
Sources: Urban Renewal Agreement
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 $ 2020A $_________ (the “Series 2019A2020A 2019A Bonds”) and its Special Revenue Bonds, Taxable Series 2019B in the aggregate principal amount of $ 2020B $_________ (the “Series 2019B2020B 2019B Taxable Bonds” and together with the Series 2019A2020A 2019A Bonds, the “Senior Bonds”), pursuant to an Indenture of Trust (Senior) to be dated as of [ [_____], 2019on or about the date hereof 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 $ 2020C $_________ (the “Subordinate Bonds” and together with the Senior Bonds, the “District Bonds”) pursuant to an Indenture of Trust (Subordinate) to be dated as of _____, 2019on or about the date hereof 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.
Appears in 1 contract
Sources: Urban Renewal Agreement
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 $ 2020A (the “Series 2019A2020A 2020A Bonds”) and its Special Revenue Bonds, Taxable Series 2019B in the aggregate principal amount of $ 2020B (the “Series 2019B2020B 2020B Taxable Bonds” and together with the Series 2019A2020A 2020A Bonds, the “Senior Bonds”), pursuant to an Indenture of Trust (Senior) to be dated as of [ ], 2019on 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 2019C in the aggregate principal amount of $ 2020C (the “Subordinate Bonds” and together with the Senior Bonds, the “District Bonds”) pursuant to an Indenture of Trust (Subordinate) to be dated as of , 2019on 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.
Appears in 1 contract
Sources: Urban Renewal Agreement