Examples of Commercial Paper in a sentence
This Agreement shall become effective on June 18, 2024 and shall supersede all provisions of the existing dealer agreement executed in connection with the Commercial Paper Notes.
After the Effective Date, the City will not enter into any new Swap Contract or amend any existing Swap Contract with respect to any Pledged Revenues (i) wherein any termination payments or settlement amounts are senior to or on parity with the payment of the Commercial Paper Notes or the Obligations hereunder or (ii) which requires the City to post cash collateral to secure its obligations thereunder, in each case, without the prior written consent of the Bank.
No registration, notice, qualification or other filing is required to be made with any Governmental Authority in connection with the issuance of the Commercial Paper Notes or, if required to be made, has been or will be made prior to the date of such issuance.
The City will pay when due all of its obligations in connection with the authorization, issuance and delivery of the Commercial Paper Notes, the Bank Note, this Agreement and the Related Documents.
There are no obligations of the City payable from or secured by Net Revenues on a basis senior to the Commercial Paper Notes, the Bank Note or the obligations of the City under this Agreement other than the Subordinate Xxxx Xxxxx and Separate Lien Obligations.