Application of Funds Upon Acceleration Sample Clauses

Application of Funds Upon Acceleration. All moneys in the accounts and funds provided in Sections 3.01, 3.02, 5.02, 5.03 and 5.04 upon the date of the declaration of acceleration by the Trustee as provided in Section 7.01 and all Revenues (other than Revenues on deposit in the Rebate Fund) thereafter received by the Authority hereunder shall be transmitted to the Trustee and shall be applied by the Trustee in the following order:
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Application of Funds Upon Acceleration. Upon the date of the declaration of acceleration as provided in Section 8.1, all Revenues thereafter received by the Agency and all amounts on deposit in the Rate Stabilization Fund shall be applied in the following order: thereof.
Application of Funds Upon Acceleration. All of the Revenues and all sums in the funds and accounts held hereunder (other than the Rebate Fund) upon the date of the declaration of acceleration, as provided in Section 7.01 and all sums thereafter received by the Trustee hereunder shall be applied by the Trustee in the following order upon presentation of the several Bonds, and the stamping thereon of the payment if only partially paid, or upon the surrender thereof if fully paid:
Application of Funds Upon Acceleration. Upon the date of the declaration of (or automatic, as applicable) acceleration as provided in Section 8.01, all Revenues thereafter received by the District shall be applied in the following order:
Application of Funds Upon Acceleration. All moneys in the accounts and funds provided in Sections 2.11, 3.02, 3.03 and 3.04 upon the date of the declaration of acceleration by the Trustee as provided in Section 7.01 and all Revenues (other than Revenues on deposit in the Rebate Fund) thereafter received by the Authority hereunder shall be transmitted to the Trustee and shall be applied by the Trustee in the following order: First, to the payment of the costs and expenses of the Trustee and then to the payment of the costs and expenses of the Holders in providing for the declaration of such event of default, and in carrying out the provisions of this article, including reasonable compensation to their accountants and counsel; Second, upon presentation of the several Bonds, and the stamping thereon of the amount of the payment if only partially paid or upon the surrender thereof if fully paid, to the payment of the whole amount then owing and unpaid upon the Bonds for interest and principal, with (to the extent permitted by law) interest on the overdue interest and principal at the rate borne by such Bonds, and in case such money shall be insufficient to pay in full the whole amount so owing and unpaid upon the Bonds, then to the payment of such interest, principal and (to the extent permitted by law) interest on overdue interest and principal without preference or priority among such interest, principal and interest on overdue interest and principal ratably to the aggregate of such interest, principal and interest on overdue interest and principal; and [Third, amounts owed to the Bond Insurer not paid pursuant to First and Second above.]
Application of Funds Upon Acceleration. Upon the date of the declaration of acceleration as provided in Section 6.1, all Net Revenues thereafter received by the District shall be applied in the following order:
Application of Funds Upon Acceleration. All money in the funds and accounts provided for in this Indenture upon the date of the declaration of acceleration by the Trustee as provided in Section 9.01, and all Tax Revenues thereafter received by the Agency hereunder, shall be transmitted to the Trustee and shall be applied by the Trustee in the following order:
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Application of Funds Upon Acceleration. Upon the date of the declaration of acceleration as provided in Section 6.1, during Stage 1, all Net Revenues and RUWAP Funds, and during Stage 2, all RUWAP Funds and State Loan Proceeds, thereafter received by the District shall be applied in the following order:
Application of Funds Upon Acceleration. Subject to the provisions in the agreements relating to the Senior Obligations, all money in the Revenue Fund on the date of the declaration of acceleration by the Corporation as provided in Section 6.01 allocable to the Installment Payments made hereunder and all Net Revenues thereafter received by the District allocable to the Installment Payments made hereunder shall be applied as provided in Section 7.04 of the Trust Agreement.
Application of Funds Upon Acceleration. All of the Subordinate Housing Set-Aside Amounts and all sums in the Subordinate Housing Set-Aside Special Fund upon the date of the declaration of acceleration, as provided in Section 7.01 and all sums thereafter received by the Fiscal Agent hereunder (other than the proceeds of any draw or draws under a Credit Facility) shall be applied by the Fiscal Agent in the following order upon presentation of the several 2010 Bonds, and the stamping thereon of the payment if only partially paid, or upon the surrender thereof if fully paid:
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