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7A Request from Presbyterian Homes for Conduit Financing
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08-25-08-R
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7A Request from Presbyterian Homes for Conduit Financing
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10/24/2024 9:42:58 AM
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2/9/2011 4:26:19 PM
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8/25/2008 Council Regular
General - Type
8/25/2008 Council Regular
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11. This Pledge Agreement may be executed, acknowledged and delivered in ax�y <br />number of counterparts and each of such counterparts shall constitute an original but all of wl�ich <br />together shail constitute one agree�nent. <br />12. TI�e terms used in this Pledge Agreement which are defined in the Loan <br />Agreement shall have the meanings specified therein, unless �the context of ihis Pledge <br />Agreement otherwise requires, or unless such terrns aare atherwise defined herein. <br />13. No obligation of the City hereunder shall consiitute or give rise to a pecuniary <br />liability of tlie City or a charge against its g�neral credii or taxing powers, but shall be payable <br />solely out of the proceeds and the revenues derzved under the Loan Agreement. <br />zzass�s�i <br />
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