Examples of Prior Authority Bonds in a sentence
The Holder hereby acknowledges receipt of the deposit of moneys in the Prior Authority Bonds Redemption Account as set forth in paragraph 5 hereof.
The deposits set forth above of the moneys in the Prior Authority Bonds Redemption Account shall constitute an irrevocable deposit thereof for the uses and purposes specified in this Contract and in the School District Refunding Bond Resolutions, and such moneys shall be held in trust and applied solely for such uses and purposes.
The Holder shall identify on its books and records relating to the Redemption Account established for the Prior Authority Bonds (the “Prior Authority Bonds Redemption Account”) the amounts allocated to the School District as set forth in paragraph 6 hereof and such amounts shall constitute the property of the School District that is irrevocably pledged to the holders of the Prior School District Bonds (the “School District Deposit Amount”) until paid to the Authority pursuant to paragraph 9(a) hereof.
In addition, the capital costs and projected financing sources for any such Voluntary Agency Facilities financed from proceeds of the Bonds and the Prior Authority Bonds are subject to the approval of the State Division of the Budget.
The Holder further acknowledges that the Authority has also delivered or caused to be delivered to the Holder in its capacity as trustee for the Prior Authority Bonds, such resolutions, certificates, opinions and other documents, as are required pursuant to the Master Resolution so that the Prior Authority Bonds can be deemed to have been paid and no longer be secured by or entitled to the benefits of the Master Resolution.
Concurrently with the execution of this Contract, the School District shall be deemed to have deposited with the Holder in the Prior Authority Bonds Redemption Account moneys in the amounts indicated under the heading “Refunding Escrow Deposits” in Schedule B hereto (the “Redemption Amount”), such amounts being a part of the proceeds from the delivery of the 2017 School District Bonds or other available funds of the School District to the Authority.
In connection with the foregoing, OMRDD is responsible for, among other things, the regulation and licensing of certain of the Voluntary Agency Facilities financed with the proceeds of the Bonds as well as certain of the Voluntary Agency Facilities financed with the proceeds of the Prior Authority Bonds.
Outstanding Indebtedness Prior Authority Bonds have been issued to finance and refinance mental hygiene facilities for use by the Department or by Voluntary Agencies, $528,840,000 of which remain outstanding as of September 30, 2008.
Therefore, the hypothesis H2-3 is established as follows:H2-3: The higher the amount of revolving credit used by the credit card holder is, the higher the credit card overdue amount will be.The use of consumer finance credit tools is mainly to bring customers the convenience of using short-term working capital under emergency.
Their consequences are also different: ignorance of natural causes produces credulity whereas lack of understanding sets the stage for misunderstanding and intolerance.