Common use of Payment of Bonds Clause in Contracts

Payment of Bonds. The Authority shall duly and punctually pay or cause to be paid, but solely from the Trust Estate, the principal or Redemption Price, if any, of every Bond and the interest thereon, at the dates and places and in the manner provided in the Bonds according to the true intent and meaning thereof.

Payment of Bonds. The Authority shall duly and punctually pay or cause to be paid, but solely from the Trust Estate, paid the principal or Redemption Price, if any, of every Bond the Bonds and the interest thereon, at the dates date and places place and in the manner provided mentioned in the Bonds according to the true intent and meaning thereof.

Payment of Bonds. The Authority shall duly and punctually pay or cause to be paid, but solely from the Series A Bonds Trust Estate, as to the Series A Bonds, and from the Series B Bonds Trust Estate, as to the Series B Bonds, the principal or Redemption Price, if any, of every Bond and the interest thereon, at the dates and places and in the manner provided in the Bonds according to the true intent and meaning thereof.

Payment of Bonds. The Authority shall duly and punctually pay or cause to be paid, but solely only from the Trust EstateEstate as herein provided, the principal or Redemption PricePrice of every Bond and Subordinate Obligation and the interest, if any, of every Bond and the interest thereon, at the dates and places and in the manner provided stated in the Bonds and the Subordinate Obligations, according to the true intent and meaning thereof.