Examples of Bonds shall in a sentence
For purposes of this provision, Tax-Exempt Bonds shall include the obligations of the Long Island Power Authority, NYPA and Consolidated Edison Company of New York, Inc., the interest on which is not included in gross income under the Internal Revenue Code.
Registration requests relating to the Bonds shall be directed to an Account Operator.
No member, officer or agent of the Issuer or any person executing the Series 2014 Bonds shall be liable personally on the Series 2014 Bonds by reason of the issuance thereof.
The payment of the Series 2014 Bonds shall not be secured by any encumbrance, mortgage, or other pledge of property of the Issuer, CDOT or the State other than the Trust Estate.
Bonds shall not be canceled without the City of Bend's consent, nor shall the City release them prior to Contract completion.
The Bonds shall not constitute a general obligation of the County or the City, the State of Florida or any political subdivision thereof, or a lien upon any property owned or situated within the territorial limits of the County or the City, the State of Florida or any political subdivision thereof.
The ownership of Bonds shall be proved by the Registration Books.
The right of a Bondholder to receive any payment under the Bonds shall become void ten years (in the case of principal) or six years (in the case of interest) after the due date for payment thereof.
The payment obligations of the Issuer under the Bonds shall, save for such exceptions as may be provided by applicable law and regulations, at all times rank at least equally with all its other present and future unsecured and unsubordinated obligations.
Notwithstanding anything to the contrary herein or in such subsequent resolutions or ordinances, the Bonds shall not constitute “bonds” within the meaning of Article VII, Section 12 of the Constitution and the Statutes of Florida to be approved at an election of the qualified electors of the County and the City.