Other Bonds Sample Clauses

Other Bonds. This Agreement and the Cash Deposit do not alter the obligation of Developer to provide other bonds under applicable ordinances of any city or county having jurisdiction over Developer's development. The furnishing of security in compliance with the requirements of other jurisdictions shall not adversely affect the ability of the District to draw on the Cash Deposit as provided herein.
AutoNDA by SimpleDocs
Other Bonds. The Company agrees that during the period commencing on the date of the issuance of the Bonds and ending 15 days thereafter, there shall be issued no "private activity bonds," as defined in Section 141 of the Code, which are guaranteed or otherwise secured by payments to be made by the Company or any "related person" (or group of "related persons") unless the Company shall deliver to the Trustee a Favorable Opinion of Bond Counsel in connection with the issuance of such "private activity bonds". The Company represents that except for the Company or any "related person" (or group of "related persons"), no person has (i) guaranteed, arranged, participated in, assisted with or paid any portion of the cost of the issuance of, the Bonds, and (ii) provided any property or any franchise, trademark or trade name (within the meaning of Section 1253 of the Code) which is to be used in connection with the Project.
Other Bonds. The Borrower agrees that during the period commencing on the date of the issuance of the Bonds and ending 15 days thereafter, there shall be issued no “private activity bonds,” as defined in Section 141 of the Code, which are guaranteed or otherwise secured by payments to be made by the Borrower or any “related person” (or group of “related persons”) unless the Borrower shall deliver to the Trustee an Approving Opinion addressed to the Trustee in connection with the issuance of such “private activity bonds”.
Other Bonds. (a) Subject to the terms and conditions of this Agreement, the Company may from time to time, in its sole discretion, issue and sell to each Purchaser and each Purchaser may from time to time, in its sole discretion, purchase from the Company, at one or more Closings provided for in Section 3, one or more series of Other Bonds in the principal amount specified opposite such Purchaser’s name in such Purchaser’s Purchaser Information Report provided in accordance with Section 4.15 for each Closing, and issued pursuant to the Indenture, including, in each case, an Other Bonds Supplemental Indenture.
Other Bonds. If the aggregate principal amount of Pledged Bonds at the time of selection is less than the amount available for the partial redemption of the Bonds, the Trustee may select for redemption Bonds in an aggregate principal amount equal to such excess in such manner as the Trustee in its discretion shall deem fair and appropriate.
Other Bonds. This Agreement and the Letter of Credit do not alter the obligation of Developer to provide other bonds under applicable ordinances of any city or county having jurisdiction over Developer's development. The furnishing of security in compliance with the requirements of other jurisdictions shall not adversely affect the ability of the District to present the Letter of Credit as provided herein.
Other Bonds. There are no other bonds to which Section 144(a) of the Code applies which, together with the Bonds, are to be used with respect to (a) a single building, (b) an enclosed shopping mall, or (c) a strip of offices, stores or warehouses, using substantial common facilities with the Project or a portion thereof.
AutoNDA by SimpleDocs
Other Bonds a. ____________________________ (pages _______ to _______, inclusive);
Other Bonds. Short Term Inve~tmett ..........
Other Bonds. The Developer shall, at the request of the City, agree to any reasonable amendments to this Agreement that are necessary or desirable in order for the City to issue (in its sole discretion) any bonds in connection with the Redevelopment Area, the proceeds of which may be used to reimburse the City for expenditures made in connection with, or provide a source of funds for the payment of the TIF-Funded Improvements and City Note; provided, however, that any such amendments shall not have a material adverse effect on the Developer or the Project. The Developer shall, at its expense, cooperate and provide reasonable assistance in connection with the marketing of any such bonds, including but not limited to providing written descriptions of the Project, making representations, providing information regarding its financial condition and assisting the City in preparing an offering statement with respect thereto. The Developer shall have no liability to the City with respect to any disclosures made in connection with any such issuance of bonds that are not actionable under applicable securities laws unless such disclosures are based on factual information provided by the Developer that is determined to be false or misleading.
Time is Money Join Law Insider Premium to draft better contracts faster.