Construction Fund definition

Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

Construction Fund means the fund by that name established pursuant to the Second Resolution.

Construction Fund means the Construction Fund established in Section 4.3 of the Indenture.

Examples of Construction Fund in a sentence

• The Company agrees that if after exhaustion of the moneys in the Construction Fund, including the proceeds of the Series 2024A Bonds and Series B Bonds, the Company should elect, in its sole discretion, to pay pursuant hereto any portion of the Costs of Construction of the Project, it shall not be entitled to any reimbursement therefor from the Issuer, the Trustee, or the holders of any of the Bonds.

• A special fund is hereby created and established with the Trustee to be designated the School District No. 1, in the City and County of Denver and State of Colorado Series 2013C Certificates of Participation Construction Fund (the “Construction Fund”), and, within such fund, the Costs of Issuance Account and the Leased Property Project Account.

• The Trustee may establish such additional accounts within the Construction Fund or such subaccounts within any of the existing or any future accounts of the Construction Fund as may be necessary or desirable.

• The Issuer has, in the Indenture, authorized and directed Trustee to make payments from the Construction Fund to pay the Costs of Construction, or to reimburse Company for any Costs of Construction paid by it.

• The Company agrees to direct such requisitions to Trustee as may be necessary to effect payments out of the Construction Fund in accordance with this Section 3.9.

More Definitions of Construction Fund

Construction Fund means the Construction Fund created and established in Section 5.6 of the Indenture.

Construction Fund means the fund by that name referred to in Section 501.

Construction Fund means the fund of that name created pursuant to Section 3.1 hereof.

Construction Fund means the account (regardless of its name) identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

Construction Fund means the separate and segregated fund or account established and created by the Participant pursuant to the Authorizing Instrument to receive proceeds of the Bonds and from which Eligible Costs of the Project may be paid by the Participant.

Construction Fund means the fund established by the Issuer as set forth in Section 4.3 of this Indenture.

Construction Fund means the amounts to be used for