Priority Lien Obligations. There are no obligations of the City payable from or secured by Net Revenues on a basis senior to the Bank Note and the obligations of the City under this Agreement other than the Priority Lien Obligations.
Appears in 2 contracts
Sources: Revolving Credit Agreement, Revolving Credit Agreement
Priority Lien Obligations. There are no obligations of the City payable from or secured by Net Revenues on a basis senior to the Bank Note Notes and the obligations of the City under this Agreement other than the Priority Lien Obligations.
Appears in 1 contract
Sources: Note Purchase Agreement