Examples of Wastewater System in a sentence
The District will pay and discharge any and all lawful claims for labor, materials or supplies which, if unpaid, might become a lien on the Wastewater System or any part thereof; provided the District shall not be obligated to make such payment so long as the District contests such payment in good faith.
The District will duly observe and conform with all valid regulations and requirements of any governmental authority relative to the operation of the District and the Wastewater System or any part thereof, but the District shall not be required to comply with any regulations or requirements so long as the validity or application thereof shall be contested in good faith.
In order to provide for the timely payment of the 2021 Sewer Notes, the District hereby pledges, on a first priority basis, subject only to the prior payment of current Operation and Maintenance Costs, all Wastewater System Revenues of the District, on a parity with the pledge and lien securing the Parity Obligations, and a first lien claim on and security interest in all payments received by the District from the SWRCB under the 2016 State Contract.
The District will maintain and preserve the Wastewater System in good repair and working order at all times and will operate the Wastewater System in an efficient and economical manner and will pay all Operation and Maintenance Costs of the Wastewater System as they become due and payable.
The District shall account for all Wastewater System Revenues separately from any other revenues of the District, including with separate financial statements.