Issuance of Notes. The City shall issue and sell Commercial Paper Notes as promptly as practicable after the making of a Loan evidenced by the Bank Note and use the proceeds of sale solely for the repayment of the Loan (and such proceeds of sale shall be deemed to be proceeds of Commercial Paper Notes for all the purposes of the Ordinance, this Agreement and the Bank Note).
Appears in 6 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement, Revolving Credit Agreement