Examples of City Bonds in a sentence
Notwithstanding the years actually shown on Exhibit C attached hereto, the first such request will be submitted and appropriated under applicable law for the Fiscal Year of the City necessary for the first payment due on the City Bonds.
Notwithstanding Sections 4.6 (e) and (f) of this Agreement or any other provision of this Agreement to the contrary, City Payments shall be limited to the total amount necessary to service the City Bonds and pay the Event Day Tax Revenues Reimbursement Amounts.
Under the City Indenture, the Authority will, as additional security for the City Bonds, assign, transfer, pledge and grant a security interest to the Trustee in the City Payments and other moneys received by the Authority hereunder and directed to be deposited by the Authority with the Trustee under the City Indenture (the “City Obligations”).
The City agrees to cooperate in connection with the issuance of the City Bonds and to authorize and direct the Mayor, the Comptroller and other applicable officials of the City to execute all documentation necessary or appropriate to cause the issuance of the City Bonds.
Project Bonds shall be redeemed or purchased on a pro rata basis between the State Bonds and City Bonds.