Bond Loan Agreement definition
Examples of Bond Loan Agreement in a sentence
The Notes Debt and Bond Loan are governed by the terms and provisions set forth in the Notes Indenture and the Bond Loan Agreement, respectively, and in the event of any conflict between the terms of this Deed of Trust on one hand, and the terms of the Notes Indenture or the Bond Loan Agreement, on the other hand, the terms of the Notes Indenture or the Bond Loan Agreement, as applicable, shall control.
The provisions of the Notes Indenture and Bond Loan Agreement regarding the payment of lawful interest, if any, as they relate to the Notes Debt and Bond Loan, respectively, are hereby incorporated herein by reference.
The Trustee shall have no duty to determine whether any requested disbursement from the Restricted Loan Subaccount complies with the terms, conditions and provisions of the Construction Loan Agreement, the Bond Loan Agreement or the Intercreditor Agreement.
The Trustee covenants that so long as any portion of the Bonds issued hereunder and secured by this Indenture shall be unpaid, the Trustee will keep proper books or records and accounts, in which full, true and correct entries will be made of all its financial dealings or transactions in relation to the Project and the payments derived from the Bond Loan Agreement, this Indenture and the Mortgage.
The Holder of this Bond shall have no right to enforce the provisions of the Indenture or to institute action to enforce the covenants therein, or to take any action with respect to any default under the Indenture, or to institute, appear in or defend any suit or other proceedings with respect thereto, except as provided in the Bond Loan Agreement.