Basic Resolution definition

Basic Resolution means Resolution No. 2004R-257, entitled “Amending and restating the Basic Resolution of the City of Minneapolis (A),” adopted on June 18, 2004 by the Issuer, as amended to the date hereof, including any amendments made by this Supplemental Bond Resolution.

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Basic Resolution or "Resolution" means the original Resolution adopted on September 20, 1960, creating and establishing the Consolidated Educational Buildings Project and creating, establishing, and authorizing the issuance of Consolidated Educational Buildings Revenue Bonds of the Board of Trustees of the University of Kentucky.

Basic Resolution means the Amended and Restated Basic Resolution and Indenture and any amendments or supplements hereto permitted hereby;

Examples of Basic Resolution in a sentence

• The University will issue no additional bonds or notes under the Prior Basic Resolution.

• Each of the terms and provisions of this Agreement is a covenant for the use and benefit of the Issuer and, to the extent provided in the Supplemental Bond Resolution and the Basic Resolution, the Holders of all such Bonds.

• The following terms, unless the context hereof shall require otherwise, shall have the meanings set forth below; provided, however, that any additional capitalized terms used herein and not defined herein (unless such capitalization is due solely to application of the rules of grammar) shall have the meanings assigned to such terms in the Basic Resolution or the Supplemental Bond Resolution, unless the context or use herein requires another or different meaning.

• Definitions of certain terms used in the Basic Resolution and the Supplemental Bond Resolution and which may appear in this Agreement are set out in Exhibit J hereto.

• Any rents, Net Revenues or Net Proceeds collected pursuant to action taken under this Section 8.02 for the account of the Tenant shall, to the extent permitted by law, be applied in accordance with the provisions of the Supplemental Bond Resolution and the Basic Resolution.

• The University will not make any pledge or assignment of or create or suffer any lien or encumbrance upon the Debt Service Fund and, except for the existing pledges under the Prior Basic Resolution and Prior Housing Indenture, the University will not make any pledge or assignment of or create or suffer any lien or encumbrance upon the General Receipts prior to or on a parity with the pledge thereof hereunder, except as authorized or permitted hereunder.

• Except as otherwise herein provided, this Agreement may be effectively amended, changed, modified, altered or terminated only if in writing and if such action is consistent with covenants made under the Basic Resolution and the Supplemental Bond Resolution.

More Definitions of Basic Resolution

Basic Resolution means Resolution No. 2004R-257, entitled “Amended and Restated Basic Resolution and Indenture,” adopted on June 18, 2004 by the Issuer, as amended to the date of execution and delivery hereof, and any amendments or supplements thereto.

Basic Resolution means Resolution No. , entitled “Amended and Restated Basic Resolution and Indenture,” adopted on June 18, 2004 by the Issuer, as amended to the date hereof, including any amendments made by this Supplemental Bond Resolution.