Examples of Funding Loan Agreement in a sentence
The 2024 Notes may, if so provided in the Supplemental Funding Loan Agreement, be issued as “draw-down” notes to be funded over time as provided in the Supplemental Funding Loan Agreement.
Such 2024 Notes may be delivered in temporary form pursuant to the Supplemental Funding Loan Agreement if, in the judgment of the City Attorney, delivery in such form is necessary or appropriate until the 2024 Notes in definitive form can be prepared.
In accordance with procedures established by the City Charter, the City Council, by adoption and approval of this Resolution and with the concurrence of the Mayor, does hereby direct that the proceeds of the 2024 Notes be delivered directly to the Fiscal Agent, instead of the City Treasurer, to be deposited into the funds and accounts established under the Supplemental Funding Loan Agreement.
The proposed form of Funding Loan Agreement (the “Supplemental Funding Loan Agreement”), among the City, the Funding Lender and U.S. Bank Trust Company, National Association, as fiscal agent (the “Fiscal Agent”), in substantially the form attached hereto, is hereby approved along with any additions or supplements which may, in the determination of a Designated Officer, be necessary to document the issuance of the 2024 Notes authorized hereunder.