Examples of Supplemental Resolution in a sentence
Modifications of Resolutions and Outstanding Bonds The Basic Resolution provides for amendments to it, to any Supplemental Resolution, and to any outstanding Power Bonds.
In the Supplemental Resolution establishing any series of Bonds, the Corporation in its discretion may provide for amortization with respect to such series.
The Corporation, having first adopted a Supplemental Resolution authorizing the issuance of a series of Bonds and pending such issuance, may issue Bond Anticipation Obligations and renewals thereof (including Interim Obligations to the Secretary of the Treasury) to be paid from the proceeds of such series of Bonds when issued or from other funds that may be available for that purpose.
Each Supplemental Resolution authorizing the issuance of Bonds must contain a finding by the Board that Gross Power Revenues will be adequate to meet the requirements of Sections 3.2 and 3.3 hereof after the Bonds authorized thereby have been issued and any Evidences of Indebtedness to be refunded from the proceeds thereof have been refunded.
The Bonds shall be negotiable instruments unless otherwise specified therein, subject, however, to the provisions for registration and transfer contained in the Resolution, any applicable Supplemental Resolution and the Bonds.