Application of Proceeds for District Formation Costs, Costs of Issuance and Sample Clauses

Application of Proceeds for District Formation Costs, Costs of Issuance and. Reserve Account. The proceeds of the Series A of 2022 Bonds will be applied first to pay any cost of forming the District, issuing the Series A of 2022 Bonds, and funding the Reserve Account established under the Bond Indenture. The costs of issuing the Series A of 2022 Bonds will include, but not be limited to, all amounts which the County Executive Officer (“CEO”), the Finance Team Lead of the County, or their respective designees (the “Authorized Officers”), determines are to be reimbursed to the Company in accordance with the Reimbursement Agreement dated as of January 12, 2021 (the “Reimbursement Agreement”) between the Company and the County for the advance of the costs of formation of the District. As of the date hereof, the CEO has determined that the Company has advanced $ pursuant to the Reimbursement Agreement which shall be reimbursed upon the issuance of the Series A of 2022 Bonds.
Sample 1
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Application of Proceeds for District Formation Costs, Costs of Issuance and. Reserve Account. The proceeds of the 2023 Series A Bonds will be applied first to pay any cost of forming the District, issuing the 2023 Series A Bonds, funding capitalized interest on the 2023 Series A Bonds, funding amounts to be deposited in the Escrow Fund and the Escrow Interest Account (as such terms are defined in the Bond Indenture) and funding the Reserve Account established under the Bond Indenture. The costs of issuing the 2023 Series A Bonds will include, but not be limited to, all amounts which the County Executive Officer (“CEO”), the Finance Team Lead of the County, or their respective designees (the “Authorized Officers”), determines are to be reimbursed to the Company in accordance with the Reimbursement Agreement dated as of January 12, 2021 (the “Reimbursement Agreement”) between the Company and the County for the advance of the costs of formation of the District. As of the date hereof, the CEO has determined that the Company has advanced $160,000 pursuant to the Reimbursement Agreement which remain unreimbursed and which shall be reimbursed from the proceeds of the 2023 Series A Bonds deposited into the Costs of Issuance Fund as set forth in the Bond Indenture.
Sample 1

Related to Application of Proceeds for District Formation Costs, Costs of Issuance and

  • Application of Proceeds The Collateral Agent shall apply the proceeds of any collection, sale, foreclosure or other realization upon any Collateral, including any Collateral consisting of cash, as follows: FIRST, to the payment of all costs and expenses incurred by the Administrative Agent or the Collateral Agent (in their respective capacities as such hereunder or under any other Loan Document) in connection with such collection, sale, foreclosure or realization or otherwise in connection with this Agreement, any other Loan Document or any of the Obligations, including all court costs and the reasonable fees and expenses of its agents and legal counsel, the repayment of all advances made by the Collateral Agent or the Administrative Agent hereunder or under any other Loan Document on behalf of any Grantor and any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document; SECOND, to the payment in full of Unfunded Advances/Participations (the amounts so applied to be distributed between or among the Administrative Agent, any Swingline Lender and any Issuing Bank pro rata in accordance with the amounts of Unfunded Advances/Participations owed to them on the date of any such distribution); THIRD, to the payment in full of all other Obligations (the amounts so applied to be distributed (subject to the first proviso to Section 3.01 and clause (B) of the first proviso to Section 4.01(a)) among the Secured Parties pro rata in accordance with the amounts of the Obligations owed to them on the date of any such distribution); and FOURTH, to the Grantors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct. The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Collateral Agent or such officer or be answerable in any way for the misapplication thereof.

  • Printing of Collective Agreement The Hospital and Union agree that the cost of printing the collective agreements will be shared equally between the parties. The Union will be responsible for having the collective agreements printed in booklet format within sixty (60) days of its signing by both parties.

  • Modification Costs Developer shall not be assigned the costs of any additions, modifications, or replacements that Connecting Transmission Owner makes to the Connecting Transmission Owner’s Attachment Facilities or the New York State Transmission System to facilitate the interconnection of a third party to the Connecting Transmission Owner’s Attachment Facilities or the New York State Transmission System, or to provide Transmission Service to a third party under the NYISO OATT, except in accordance with the cost allocation procedures in Attachment S of the NYISO OATT. Developer shall be responsible for the costs of any additions, modifications, or replacements to the Developer Attachment Facilities that may be necessary to maintain or upgrade such Developer Attachment Facilities consistent with Applicable Laws and Regulations, Applicable Reliability Standards or Good Utility Practice.

  • Documentation of Costs All costs shall be supported by properly executed payrolls, time records, invoices, contracts or vouchers, or other official documentation evidencing in proper detail the nature and propriety of the charges. All checks, payrolls, invoices, contracts, vouchers, orders or other accounting documents pertaining in whole or in part to this contract shall be clearly identified and readily accessible.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.

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