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ADDITIONAL BONDSAn issue of bonds having a lien on the same revenues or other security pledged to outstanding bonds. Additional bonds may be issued on a parity with the outstanding bonds, although in some cases addit [..]
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ADDITIONAL BONDSCovenant or Test:
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ADDITIONAL BONDSAn issue of bonds having a lien on the revenues or other security pledged to outstanding bonds issued under the same bond contract. Additional bonds typically are issued on parity with the outstanding bonds, although in some cases additional bonds can have either a junior lien or a senior lien on pledged revenues or other security.
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