Continuing Disclosure Agreement. The Borrower and the Funding Lender shall enter into the Continuing Disclosure Agreement to provide for the continuing disclosure of information about the Funding Loan, the Borrower and other matters as specifically provided for in such agreement.
Continuing Disclosure Agreement. The Authority hereby covenants and agrees that it will comply with and carry out all of its obligations under the Continuing Disclosure Agreement to be executed and delivered by the Authority and Xxxx Municipal Finance, LLC, as dissemination agent, in connection with the issuance of the Bonds. Notwithstanding any other provision of this Indenture, failure of the Authority to comply with the Continuing Disclosure Agreement shall not be considered an Event of Default; however, any Owner or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the Authority to comply with its obligations under this Section 5.11. For purposes of this Section, “Beneficial Owner” means any person which has or shares the power, directly or indirectly, to make investment decisions concerning ownership of any Bonds (including persons holding Bonds through nominees, depositories and other intermediaries).
Continuing Disclosure Agreement. Article XI of this Trust Agreement constitutes a continuing disclosure agreement (the “Disclosure Agreement”), which is entered into by the Community College Districts and the Trustee for the benefit of the Owners and beneficial owners of the Note Participations and in order to assist the Participating Underwriter in complying with the Rule.
Continuing Disclosure Agreement. In connection with the sale and delivery of certain bonds, notes, certificates, or other municipal obligations (the “Bonds”), Client has made certain undertakings to disclose to the investing public, on a periodic and continuing basis, certain information, as more fully set forth in such undertakings and as contemplated by the provisions of Securities and Exchange Commission Rule l5c2-12, as amended (the “Rule”). Client has agreed to engage Municipal Advisor to assist it with these continuing disclosure obligations, for the consideration and on the terms and conditions set forth herein, including the preparation and submission of annual reports (the “Annual Reports”) and the reporting of certain specified events (the “Events”), which are set forth in Client’s undertakings, the Rule and in Subsection 2c. below. The parties agree as follows:
Continuing Disclosure Agreement. An executed copy of the Continuing Disclosure Agreement, substantially in the form presented in the Official Statement as Appendix D thereto.
Continuing Disclosure Agreement. SECTION 11.01.
Continuing Disclosure Agreement. Project Co shall have sole responsibility with respect to non-compliance with its obligations under the Continuing Disclosure Agreement.
Continuing Disclosure Agreement. Operations Co hereby agrees to provide any information required to be provided by Operations Co under Section 4.1(c) (other than clause (10)) of this Schedule 15 to the Dissemination Agent as required under the Senior Loan Agreement, the Subordinate Loan Agreement and the Continuing Disclosure Agreement and to provide any other information known or in the control of Operations Co that is required to be delivered by Project Co pursuant to the Continuing Disclosure Agreement upon the reasonable request of Project Co.
Continuing Disclosure Agreement. The official statement provides comprehensive disclosure regarding the refunding bonds and the CFD to investors at the time bonds are sold to the underwriter. In the interest of requiring more up-to-date information to be provided to investors, the SEC also requires bond underwriters, before they can agree to underwrite a bond transaction, to secure written undertakings from the issuer and other “obligated persons” to provide continuing disclosure of certain enumerated significant events and key credit information. The continuing disclosure agreement requires the City to annually collect and disseminate to bond investors via an on-line, electronic filing system, known as the Electronic Municipal Market Access system, or “EMMA” (xxxx://xxxx.xxxx.xxx/), maintained by the Municipal Securities Rulemaking Board (MSRB), information regarding refunding bonds outstanding and fund balances, assessed valuation of parcels securing the refunding bonds value-to-lien ratios, special tax collections, delinquencies and delinquency rates and information regarding delinquent parcels, identity of any delinquent taxpayer representing more than 5% of levy and value-to-lien ratios of applicable properties, the status of foreclosure proceedings for any parcels within the CFD on which special taxes are levied, if any, and a summary of results of any foreclosure sales, if available, City audited financial statements, and the occurrence of certain significant events (all of which are listed in the agreement) relating to the security provided to bond investors.
Continuing Disclosure Agreement. To assist the Underwriters in complying with Rule 15c2-12 under the Securities and Exchange Act of 1934, as amended (the "Rule"), NVTC [and PRTC] will execute a Continuing Disclosure Agreement dated as of the Closing Date (as defined in Section 9 below) for the benefit of the holders of the 2022 Bonds (the "Continuing Disclosure Agreement"). NVTC will agree in the Continuing Disclosure Agreement to provide or cause to be provided annual financial information and notices of the occurrence of specified events. A description of the Continuing Disclosure Agreement is set forth as Appendix E to the Preliminary Official Statement and the Official Statement. This Agreement, the Indenture, the Assignment and Payment Agreement and the Continuing Disclosure Agreement are hereinafter collectively referred to as the "Basic Documents."
