Examples of School District Bonds in a sentence
The enforceability (but not the validity) of rights or remedies with respect to the Financing Agreement, the Continuing Disclosure Agreement or the School District Bonds may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights or remedies heretofore or hereafter enacted.
The School District Bonds shall be subject to redemption prior to maturity in accordance with the Notice of Terms and Exhibit C (IV).
Subject to the provisions of this Article III, the definitive terms of the Loan and the School District Bonds shall be as set forth in the Notice of Terms (a form of which is attached hereto as Exhibit I) delivered by the Authority to the School District.
The terms of the School District Bonds issued by the School District to evidence its obligation to repay the Loan are to be as set forth in this Financing Agreement and in the Notice of Terms.
The School District shall not, without the prior written consent of the Authority, redeem prior to maturity any of the School District Bonds prior to the date on which any corresponding outstanding Authority Bonds are redeemable.
The School District agrees to retain all files and records relating to the construction of the Project for at least six (6) years after Project completion and to retain all other files and records relating to the Loan and School District Bonds for the term of this Financing Agreement.
Such amounts shall be payable from the proceeds of the School District Bonds.
At least five Business Days prior to the authentication by the Trustee and delivery of Authority Bonds and in order to evidence the obligation of the School District to the Authority to repay the Loan financed with proceeds of the Authority Bonds, the Authority and the School District agree that the School District will execute and deliver to the Trustee its School District Bonds, to be held in escrow pending delivery of the Authority Bonds.
With respect to the issuance of the School District Bonds, the School District has complied and will comply with the School District Resolution and with all applicable laws of the State.
Pursuant to Section 3.6 and as evidence of the Loan made to the School District, the School District hereby agrees to issue to or upon the order of the Authority, and to deliver to or upon the order of the Authority, the School District Bonds in an aggregate principal amount of up to the Principal Amount, bearing interest at rates not exceeding the Maximum Rate and expected to mature at the times and in the amounts set forth in Exhibit D hereto.