Future Parity Bonds means any and all Waterworks Utility System revenue bonds of the City issued after the date of issuance of the Bonds, the payment of the principal of and interest on which constitutes a charge or lien on the Net Revenue and ULID Assessments equal in rank with the charge and lien upon such revenue and assessments required to be paid into the Bond Fund to pay and secure the payment of the principal of and interest on the then-outstanding Parity Bonds.

Future Parity Bonds means any sewer revenue bonds, warrants or other

Future Parity Bonds means any bonds, notes, or other obligations of the Authority issued pursuant to a Series Resolution and in accordance with Section 16(b) (Issuance of Future Bonds) of the TIFIA Loan Agreement, and secured by a pledge of or payable from the Pledged Taxes as described in paragraphs “Third” and “Fourth” in Section 6(b) of this Resolution, which are expressly stated to be secured by a pledge of Pledged Taxes on an equal and ratable basis with the Pledged Taxes required to be paid into the Parity Bond Account to pay and secure the payment of the principal of and interest on Parity Bonds then outstanding.

Examples of Future Parity Bonds in a sentence

On or about December 9, 1997, the Respondent received a United States Treasury check of $4,000 as settlement of Complainant Denise L.
Capital Appreciation Bonds means any Future Parity Bonds all or a portion of the interest on which is compounded, accumulated and payable only upon redemption or on the maturity date of such Capital Appreciation Bonds.
The additional Net Revenue estimated to be received from anticipated growth in customers not to exceed 2% per year for a period of not more than ten years after delivery of such proposed Future Parity Bonds.
The Future Parity Bond Authorizing Ordinance must require that all ULID Assessments levied in connection with those Future Parity Bonds will be paid directly into the Bond Fund.
The ordinance providing for the issuance of such Future Parity Bonds shall provide for the payment of the principal thereof and interest thereon out of the Bond Fund and the accounts held therein.

More Definitions of Future Parity Bonds

Future Parity Bonds means any revenue bonds of the Borough, other than the Municipal Bond, the principal of and interest on which are payable out of money in the Petersburg Borough Electric Utility Enterprise Fund on a parity with the payments required to be made into the Parity Bond Fund in respect of the Municipal Bond and any Outstanding Parity Bonds.

Future Parity Bonds means any bonds hereafter issued by the Issuer on a parity with the Bond herein authorized pursuant to the conditions and restrictions set forth in Article V hereof.

Future Parity Bonds means any fixed or variable rate revenue bonds of the City

Future Parity Bonds means any bonds, notes or other debt of the Authority issued pursuant to Section 9 with a lien on Revenue equal to the lien on Revenue pledged to the Bonds and the 2019A Bond.

Future Parity Bonds means any and all sewer revenue bonds of the Borough issued after the date of the issuance of the Bond and having a lien on the money in the Sewer Fund for the payment of the principal thereof and interest thereon equal to the lien upon the money in such fund for the payment of the principal of and interest on the Bond.

Future Parity Bonds means any revenue bonds of the City issued after the