Limited Commitment. The Bank’s commitment under this Agreement is limited to the purchase of Tendered Bonds, and does not guarantee the payment of principal of or interest on the Bonds.
Appears in 1 contract
Sources: Standby Bond Purchase Agreement
Limited Commitment. The Bank’s commitment under this Agreement is limited to the purchase of Tendered Bonds, and does not guarantee cover the payment of regularly scheduled principal of or interest on the Liquidity Provider Bonds.
Appears in 1 contract
Sources: Standby Bond Purchase Agreement