Security for Bonds. The Issuer has by Ordinance pledged the Project and the net revenues generated by the Issuer under the Project Lease as security for payment of the principal of, redemption premium, if any, and interest on the Bonds.
Appears in 3 contracts
Sources: Bond Agreement, Bond Agreement, Bond Agreement
Security for Bonds. The Issuer has by Ordinance Resolution pledged the Project and the net revenues rentals generated by the Issuer under the Project Lease as security for payment of the principal of, redemption premium, if any, and interest on the Bonds.
Appears in 1 contract
Sources: Bond Agreement
Security for Bonds. The Issuer has by Ordinance pledged the Project and the net revenues rentals generated by the Issuer under the Project Lease as security for payment of the principal of, redemption premium, if any, and interest on the Bonds.
Appears in 1 contract
Sources: Bond Agreement