Examples of Bond Placement Agreement in a sentence
The proposed form of Bond Placement Agreement among the City, the Placement Agent, Deutsche Bank and the Owner (the “Bond Placement Agreement”), in substantially the form attached hereto, is hereby approved.
Any Designated Officer is hereby authorized and directed, for and in the name and on behalf of the City, to execute the Bond Placement Agreement, with such additions, changes or corrections as the Designated Officer executing the same may approve upon consultation with the City Attorney and Bond Counsel and approval by the City Attorney, such approval to be conclusively evidenced by the execution of the Bond Placement Agreement with such additions, changes or corrections.
Unless waived by the Authority in its sole discretion, if the bonds are to be sold to a private purchaser, the Applicant and purchaser are required to execute a Bond Placement Agreement providing for the terms and conditions for the sale of the bonds to the purchaser.
The authority to execute the Bond Placement Agreement is predicated upon the Bond Placement Agreement providing for an interest rate on the Bonds that would facilitate an interest rate on the mortgage not to exceed the lesser of ten percent (10%) and the maximum rate authorized under Florida law and would provide for a sale of the Bonds in conformance with the program documents.
The Developer acknowledges that this Agreement will not be inconsistent or will not conflict with the Bond Placement Agreement, the Trust Indenture, the Financing Agreement, or the Lease Agreement executed or to be executed in connection with the Bonds, and to the extent that this Agreement is inconsistent or in conflict with these documents, the terms and language of this Agreement shall control over those documents.