Adequacy of Project Fund. The Company acknowledges that the monies in the Project Fund are not sufficient to pay the redemption price of the Prior Bonds and costs related thereto in full. The Company shall pay that portion of the redemption price of the Prior Bonds and costs related thereto in excess of the monies available therefor in the Project Fund with its own funds.
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Samples: Participation Agreement (Consolidated Edison Co of New York Inc), Participation Agreement (Orange & Rockland Utilities Inc), Participation Agreement (Consolidated Edison Inc)
Adequacy of Project Fund. The Company acknowledges that the monies in the Project Fund are not sufficient to pay all costs related to the redemption price of the Prior Bonds and costs related thereto in full. The Company shall pay that portion of the redemption price of the Prior Bonds and such costs related thereto in excess of the monies available therefor in the Project Fund with its own funds.
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